Wall Street sees 57% upside for iconic tech dividend stock
Microsoft has had a rough stretch in the market in recent months. Shares of the Dow 30 stock have pulled back sharply over the past year, weighed down by investor worries over capital spending and whether the artificial intelligence boom will actually translate into lasting profit growth. Valued at a market cap of $2.84 trillion, Microsoft (MSFT) stock is down 31% from all-time highs. But Wall Street isn't flinching. Thirty-three out of 36 analysts rate the blue-chip dividend stock a “Buy”. The average 1 ...