Is Microsoft Positioned To Reach New Highs?
Microsoft Corporation (MSFT) reported fiscal second-quarter
earnings on Jan. 26, once again beating analyst estimates by a
handsome margin. The company reported earnings per share of $2.03
vs. the consensus estimate of $1.64 for the quarter, demonstrating
that the company is not too big to grow. In response to this
stellar financial performance, the market has bid up the stock to
new highs, with shares up 34% over the past year, but there’s
reason to believe that Microsoft is well-positioned to grow
exponentially in the coming years.