From doom and gloom to greatness, 2014 has people throwing their predictions into the pot. For some, MSFT is set to soar above $40 a share. For others, low 30’s. Either way, there are a lot of variables this year with Windows 8 updates, Xbox One sales, and… oh yes – a new CEO takes the helm of the company.
Microsoft, on the other hand, is priced at under 12x forward earnings. Revenue growth is also expected to be in the 6% to 8% range in the New Year. In addition, this does not take into account the company’s over $70B (~25% of market capitalization) cash hoard. The shares also yield 3.1%.