Microsoft stock sits 12% below its 52-week high after a record $450 billion one-day market value gain on July 30, driven by strong Q4 earnings and a 45% Azure growth forecast.
An analysis of similar record-breaking market value gains by other tech giants (Amazon, Apple, Meta, Nvidia) since February 2022 suggests the initial pop's size doesn't predict subsequent performance; sustained growth is key. Microsoft's fiscal fourth quarter saw 18% revenue growth and 32% EPS growth, with Azure's annual revenue surpassing $100 billion for the first time. The article notes the stock trades at about 25 times forward earnings with a 0.75% dividend yield, suggesting it's not priced for extremes given its growth.
Source:Yahoo财经 · Source Link
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