pool adsMicrosoft Corporation (NASDAQ:MSFT) Lacks Value
Shares of Microsoft Corporation (NASDAQ:MSFT) are testing longer term resistance levels, and as that is happening as valuation metrics are being questioned. This year, based on consensus estimates, valuation levels are likely to be stretched further than where they are today and the PEG Ratio for MSFT is expected to be 4.4.
MSFT lacks value, and its stock price seems to be increasing with general interest in the NDX, without attention to its own fair value. MSFT is a direct beneficiary of money flows into the sector. Be cautious, especially given the tests of longer term resistance, because a pullback from here could mark a top.
Support and Resistance Plot Chart for MSFT
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
