Post by Anwar Ul Haq MBA,CFM,ADPA,PGDPA,Dip.IFRS
Chief Investment Officer & Group Head Finance| Corporate Finance| Treasury Management| Project Financing| Budgeting and Forecasting | Financial Reporting| Green Finance| ERP |Audit & Assurance
Microsoft is in one of its largest drawdowns of the last decade. The stock is down 32%, its second worst drawdown of the past ten years, and just a hair behind the 2022 tech slowdown that saw Microsoft fall 36% at its peak. With this recent decline, Microsoft now trades at one of its lowest valuations over the past 10 years, at just 21x forward earnings. Many investors claim this is a clear buying opportunity. You get the chance to own one of the leading Magnificent 7 at a "cheap" valuation, or so it seems. Just about every analyst on Wall Street is bullish today.