Microsoft Inc. (NASDAQ: MSFT) is up more than 30% on the year and continues to grow in stature.
Microsoft is a major tech company that is also managing to achieve growth, which is impressive. We run through how it is managing to achieve this and also list the best places to buy Microsoft stock with the lowest fees.
Where to buy Microsoft stock today
If you want to buy MSFT stock today, the easiest and cheapest way to do so is through an online stockbroker. Handily, we can help point you in the right direction. Below are our two top picks thanks to their lows fees and overall quality of service:
CedarFX is an eco-conscious broker offering 0% commission trading on 170+ assets, including Forex, Cryptocurrency Pairs, Stocks, Indices and Commodities. With up to 1:500 leverage, no-fee transactions and low spreads, traders can make the most of their funds. CedarFX also offers an Eco Account option to support tree planting and sustainability projects.
eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, ETF’s, indices and commodities. eToro users can connect with, learn from, and copy or get copied by other users. Buying stocks on eToro is free and you can invest with as little as $50.
What is Microsoft?
Microsoft is one of the world’s largest tech players. Founded in New Mexico in 1975 by Bill Gates and Paul Allen, the company is one of the world’s largest. The company is focussed on developing, manufacturing and licencing computer software, consumer electronics, personal computers, and other related services.
Why is MSFT stock rising in value?
As global lockdowns ease, Microsoft’s revenue has shot up, increasing by 19% in Q1. While some investors remain cautiously bearish, some major institutions, such as Morgan Stanley, have expressed their bullish sentiment.
Should I buy Microsoft stock?
Microsoft has been a top performer for decades, so if you are looking for a top value stock with dividends that also has surprising growth credentials, it could be the company for you.
However, always exercise caution before entering any investment and make sure you do your own research before putting capital on the line.
Microsoft price prediction
Our MSFT price target remains in line with the consensus of the top analysts: a median 12-month figure of $298.