By
Bena Ilyas
May 10th, 2024
Microsoft (MSFT) is a promising stock to invest in now. Over the last four quarters, the company’s earnings growth has been impressive, ranging from 20% to 37%.
While the overall market is in red, Microsoft Corporation (NASDAQ: MSFT) stock is resisting coronavirus which makes more people want to invest in it. The company not only has one of the highest market valuations but also boasts an increase in its shares’ price. Yesterday, Microsoft stock added 9.09% to close at $148.34, with the $147.25 after-hours trading price. The day’s lowest point was $141.27, the highest — $149.60. Today, Microsoft stock jumped further. In the pre-market, it was $152.88.
Over the massive sell-off in February, Microsoft lost around $400 billion. The company is striving to recover, but its stock is still under the previous $170 level.
Notably, analysts believe that Microsoft (MSFT) is a prosperous stock to invest in now. Over the last four quarters, its earnings growth has been impressive, ranging from 20% to 37%. Just in both the last two quarters, Microsoft has generated 14% sales growth.
New Windows Team
In February, Microsoft reorganized its Windows + Devices leadership. Now, the head of both Windows and hardware is Surface chief Panos Panay. Previously, he worked on Windows beta programs, Windows Mobile, Windows Phone, and other Windows products.
Recently, the company has also announced a new leader of the Windows Insider Program that allows users of a valid license of Windows 10 or Windows Server 2016 to sign up for pre-release builds of the operating system previously only accessible to developers. Now in charge of the program is Amanda Langowski who has worked at Microsoft for 20 years.
Panos Panay stated:
“We often say that products are a reflection of the people who make them. I truly believe this and believe that you can see the passion and drive of the Windows Insiders reflected in more than a billion Windows users around the world. To keep this momentum going and continue to grow and innovate in Windows, it’s clear we need the right person to lead this powerful community into the next era, which is why I’m excited to announce Amanda Langowski as the new lead for the Windows Insider Program.”
Obviously, new leadership means a new vision and new goals. Currently, Microsoft is working on Windows 10X for dual-screen devices and new features for PowerToys for Windows 10 and the Windows Terminal.
Microsoft to Combat Coronavirus
The tech giant is contributing its efforts to cope with COVID-19. As former Microsoft leader Bill Gates has recently said, the U.S. had a chance to avoid coronavirus consequences such as business shutdown but missed it. As a result, strict measures are essential, and stay-at-home policy is one of them. However, we are where we are now, and instead of criticizing the past mistakes, it is necessary to think of the actions and strategies to imply now.
Several tech giants have already made an important step to combat coronavirus. The World Health Organization (WHO) has organized tech a new hackathon that Facebook, Microsoft, and other companies have already joined. Twitter, TikTok, Giphy, Slack, and Pinterest will also participate. They will be a part of the coordinating process, while software companies will build projects around the areas of business, vulnerable populations, education and entertainment, health and community.