Is Microsoft Still Undervalued After Its 25% Post-Earnings Rally?
Investors have not missed out quite yet after Microsoft's post-earnings rally.
Overview
Microsoft (NASDAQ: MSFT) flipped the script pretty quickly. The beleaguered tech stock briefly fell below $350 per share after trading above $553 per share less than one year ago. Then earnings came out, and Microsoft is suddenly charging back up toward $500 per share.
The tech leader looked extremely undervalued before earnings as investors ignored the company's history of high revenue growth, potentially in favor of hotter artificial intelligence (AI) stocks. Now that Microsoft is back on investors' radars, it's worth assessing if the stock is still undervalued.
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.