This explains why the stock prices of Microsoft (NASDAQ: MSFT), ASML Holding (NASDAQ: ASML), and Micron Technology (NASDAQ: MU) have lost a lot of ground this month. Trading at 33 times trailing earnings, investors can buy Microsoft at a relatively cheap valuation right now compared to its five-year average earnings multiple of 37. Doing so could turn out to be a smart long-term bet, as Microsoft could win big from several lucrative tech trends such as cloud computing, video gaming, and the metaverse. Read More...
This explains why the stock prices of Microsoft (NASDAQ: MSFT), ASML Holding (NASDAQ: ASML), and Micron Technology (NASDAQ: MU) have lost a lot of ground this month. Trading at 33 times trailing earnings, investors can buy Microsoft at a relatively cheap valuation right now compared to its five-year average earnings multiple of 37. Doing so could turn out to be a smart long-term bet, as Microsoft could win big from several lucrative tech trends such as cloud computing, video gaming, and the metaverse.
