Microsoft (MSFT) is no longer the start-up once it was, growing by leaps and bounds. It is still growing at healthy rates though, and creating plenty of free cash flow that could drive its shares higher. I am bullish on the stock. On September 15, the software giant announced a $60-billion share buyback program and an 11% dividend hike. Share buybacks and dividend hikes are usually bullish for listed companies in the long run. (See MSFT stock charts on TipRanks) Strong Growth, Rising Free Cash Flow Large companies do not usually grow their revenues at double-digit rates for a long time. Microsoft's revenues, however, increased by 14.
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Microsoft (NASDAQ:MSFT)
Historical Stock Chart
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Microsoft (NASDAQ:MSFT)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Microsoft Charts.