From NASDAQ Inc.:

Microsoft (MSFT) closed trading at $374.51, moving +1.84% from the previous session, outpacing the S&P 500. Analysts forecasted an EPS of $2.75 and revenue of $61.03 billion. The Zacks Rank currently rates Microsoft at #2 (Buy).

In terms of valuation, Microsoft has a Forward P/E ratio of 33.01 which is higher than the industry average. The PEG ratio is 2.14 and the Computer – Software industry currently ranks in the bottom 33%.

Zacks just released the Top 10 Stocks for 2024, selected based on their consistent success and promising potential. From its inception in 2012 to November 2023, the Zacks Top 10 Stocks portfolio gained +974.1%, nearly tripling the S&P 500’s performance. This impressive track record is something to watch for this year.



Read more: Microsoft (MSFT) Surpasses Market Returns: Some Facts Worth Knowing