Microsoft’s share price was at $491.09 on July 2nd, with trailing and forward P/E ratios of 38.01 and 32.85 respectively. Analysts remain bullish despite lowering the price target to $430 due to macro uncertainty. Microsoft is known for its strong business model, reliable dividends, and growth potential. The company has a history of dividend growth, with a 10-year growth rate of 10.2%. With investments in AI and cloud computing, Microsoft is positioned for future growth. Hedge funds also show strong interest, with 284 portfolios holding MSFT in the first quarter.
Read more at Yahoo Finance: Microsoft (MSFT): A Bull Case Theory