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Microsoft A Strong Investment Choice

Stocks
By Mostafa Mahmoud
Microsoft A Strong Investment Choice
0 1

Microsoft

مايكروسوفت 18-12-2024

Microsoft’s stock is moving in an upward trend, and it is likely to target the resistance level of $460. This scenario would be invalidated if the price breaks below the $438.50 level.

BETA

 0.89​
P/E

37.27​
EPS

12.12​

Microsoft’s stock (MSFT) saw a slight increase, reaching a price of $454.46, up by $3.01 (0.67%) from the previous close.

This positive performance is attributed to the continued strong demand for the company’s services in cloud computing and artificial intelligence, reinforcing investor confidence in the company’s future growth prospects.

However, investors are advised to monitor market and technological developments, as well as the growing competition in the technology sector, to assess the sustainability of this upward momentum.

You can now benefit from LDN company’s services through the LDN Global Markets trading platform.

Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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