At $423.50, Microsoft MSFT stock price reflects investor confidence amid expanding AI partnerships. Earnings revision models project 7% revenue growth in FY2024, which could re-rate the multiple and push forecasts toward $445 territory. Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $621,976 !" Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,150,085 !" Microsoft MSFT stock price ticked up to $424.80 on strong volume after management reiterated robust enterprise demand outlook. Investor sentiment stays bullish, with dividend yield stability adding to fundamental appeal for long-term holders.
