Microsoft Stock Could Drop to $350 Before it Doubles. Be Ready to Buy.
MSFTMicrosoft(MSFT) Investor Place·2024-08-05 18:45

Microsoft (NASDAQ:MSFT) stock was flying high and touched 52-week highs of $468 on July 5. However, a relatively sharp correction occurred with Microsoft stock declining by 11% within one month. With MSFT reporting Q4 of fiscal year 2024 numbers, there seems to be some skepticism related to growth driven by artificial intelligence (AI).Yet, some big AI investments by the firm will yield results in the coming years. While I expect further correction in MSFT stock, there is likely to be a good buying opportun ...