Prediction: Microsoft Stock Could Go Parabolic After July 29. Here's Why.
Microsoft is ready for takeoff.
Overview
On July 29, Microsoft (NASDAQ: MSFT) reports its fiscal fourth quarter earnings, and that should be a date to circle on your investment calendar.
It could be the date that Microsoft begins its run after struggling for most of 2026. Unlike most of the other "Magnificent Seven" stocks, which have recovered from sell-offs earlier in the year, Microsoft stock has been stuck in reverse, down 20% year to date.
Details
But here's why Microsoft stock is poised to break out after July 29.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.