Azure Leads While AI Excitement Fuels Microsoft Stock
Microsoft Corporation NASDAQ: MSFT stock is up 20.55%, proving again that investors are willing to overlook valuation if they’re getting a return on that investment. Microsoft is trading at around 38x forward earnings at a slight premium to its historic average. Microsoft TodayMSFTMicrosoft344.79▼612.54Add to WatchlistThat hasn’t stopped investors from putting a floor on the stock. In fact, the consensus price target ...