© Reuters. Is this a breakthrough for Microsoft in graphics?
A resistance line has formed in the chart of Microsoft Corp . (NASDAQ :). The stock appears to be heading towards this level. If it breaks through, a breakthrough is expected to occur. Read on to learn how to profit from this business Microsoft Corp. (MSFT) is known for its Windows operating systems and Office productivity suite. The company dominates the PC software market with over 80% market share for operating systems. It also designs and sells PCs, tablets, gaming and entertainment consoles, and its cloud-based Azure solutions provide customers with software and services.
The company’s Azure cloud solution has benefited from an acceleration in global digital transformation. In addition, the offer of its teams has grown thanks to the pursuit of remote work and the adoption of the hybrid / flexible working model. Additionally, the upturn in the job market boosted LinkedIn revenue.
MSFT has a current ratio of 2.1, which indicates that it has sufficient liquidity to handle its short-term obligations. The company also has a low debt ratio of 0.5. This led to a quality score of B in our POWR rating system. Earnings per share have grown an average of 49% per year over the past three years.
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