The Rise of Microsoft: A Stock to Watch in 2025
Microsoft (NASDAQ:) has long been a staple in tech portfolios, and its performance in 2024 has only solidified its position as a top contender. With shares up 15% year-to-date and trading close to July’s all-time high, investors have plenty of reasons to be optimistic about the future.
Microsoft’s Fundamental Performance Continues to Impress
- Consistent earnings beats for over two years.
- 16% year-on-year revenue growth in the latest report.
- Strong performance expected in the holiday quarter.
Bullish Analyst Updates Keep Microsoft in the Spotlight
- Analysts at Royal Bank of Canada, UBS Group, and JPMorgan maintain Buy ratings.
- Wedbush reiterates Buy rating with a $550 price target, suggesting a 30% upside potential.
- Analysts have been consistently bullish on Microsoft throughout 2024.
Potential Concerns: Analysts Reassess Microsoft Price Targets
- Some analysts lower price targets due to higher capital expenditure forecasts.
- Morgan Stanley boosts price target following last month’s report.
- TD Cowen maintains bullish rating despite revised price target.
Microsoft’s Technical Setup Suggests December Gains Are Likely
- Stock setting higher lows, indicating building momentum.
- MACD on the verge of a bullish crossover.
- RSI at 57, suggesting momentum is on the bull’s side.
- Broader macro environment supports a potential breakout.
- Look for a move above $440 to confirm the breakout.
With all these factors in play, Microsoft is a stock to watch as we head into 2025. Stay tuned for potential gains in the coming weeks.