Hold onto your seats... Critical point for MSFT
Let's see what happens Monday/Tuesday in the markets. MSFT is still up 26.7% in the last year (despite Coronavirus selloff) - it should not be considered cheap with current P/E ratio: 26 (down from P/E ratio: 32 in February). Terrific company with a lot of prospects going forward but there is much better value to be had elsewhere in the market right now. MSFT is not immune to the Coronavirus fallout - they've revised estimates and admitted supply chain problems which will continue to affect the company through the end of the year. Be patient with MSFT, we may get a better buying opportunity soon. HOLD OFF AND LOOK FOR BUYING OPPORTUNITY IN THE NEAR FUTURE
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