Published on 8 Apr 2024 on Zacks via Yahoo Finance
Microsoft Corporation (MSFT) is Attracting Investor Attention: Here is What You Should Know
Microsoft (MSFT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this software maker have returned +4.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Computer - Software industry, to which Microsoft belongs, has gained 4.3% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.