From Nasdaq: 2024-09-16 17:45:21

In the latest trading session, Microsoft (MSFT) closed at $431.34, up 0.17% from the previous day, outperforming the S&P 500. Microsoft’s stock has risen by 2.9% in the past month, surpassing the sector but trailing the S&P 500. Analysts project earnings of $3.09 per share and revenue of $64.45 billion for Microsoft’s upcoming report.

Investors are urged to pay attention to analyst revisions for Microsoft, as they can indicate short-term business trends and price momentum. Microsoft currently holds a Zacks Rank of #3 (Hold). Additionally, Microsoft is trading at a Forward P/E ratio of 33.03, indicating a premium compared to the industry average.

Zacks Investment Research has identified 5 stocks poised to double in 2024, based on their potential growth opportunities. These stocks, carefully selected by experts, offer a significant opportunity for investors to achieve high returns. Previous recommendations from Zacks have shown impressive gains, with some stocks soaring by over 600%.

These 5 potential home run stocks present an opportunity to capitalize on high-growth potential in the market. Most of these stocks are under Wall Street’s radar, providing a chance for investors to get in on the ground floor. To learn more about these stocks set to double, visit Zacks Investment Research for their latest recommendations.



Read more at Nasdaq: Microsoft (MSFT) Beats Stock Market Upswing: What Investors Need to Know