There are quite a few positives being touted for Microsoft Stock from analysts right now as to why it may be worth buying.
Microsoft invested $1 billion in OpenAI in 2019 and are rumoured to be invest another $10 billion in a deal that would ultimately see Microsoft with 75% of all profits until it recovers its original investment and then reverts back to a 49% ownership. Morgan Stanley see Microsoft stock with a price target of over $300.
Microsoft is projected to generate $212 billion in revenue during 2023 (up over 7% from 2022) and it also has itβs well known gaming brand Xbox.
So, does the recent broader market falls for Microsoft mean it is good value to buy for the long term.
Do Microsoftβs seasonals mean this is a good time to buy into Microsoft stock?
Over the last 10 years Microsoft has gained 8 times between January 18 and March 01 for an average return of 3.42%
Do these seasonals make this a good time to buy Microsoft stock?
Major Trade Risks:
The major risk here is that slowing global growth hinders demand for Microsoft products and the AI investment proves unsuccessful.
Remember, donβt just trade it, but Seasonax it!