How to Profit From Microsoft Share Price
You might be interested in learning how to profit from Microsoft share price, but are unsure what to do? Microsoft is a multinational technology corporation that produces computer software, consumer electronics, personal computers, and related services. The company has over a trillion dollars in annual revenue. The company also produces its own line of consumer electronics. To find out more, read on. This article will provide you with some useful tips to help you profit from Microsoft share price.
Before putting your money on Microsoft stock, look for opportunities to trade options on the stock. Microsoft shares are a bellwether for the technology sector, and its share price has lagged the market. As a result, option traders are buying puts and selling calls to take advantage of the share’s volatility. The market is largely bearish on technology stocks. Traders are putting their money on stocks that are better positioned to profit from rising interest rates, and the technology sector has been underperforming.
If you aren’t familiar with the company’s earnings results, check out their recent earnings announcements. In the latest quarter, Microsoft said that it expects sales of $48.9 billion, which was higher than what Wall Street had expected. The company had posted $48.1 billion in sales during the same period last year, and boosted its quarterly dividend to 62 cents per share. Among its other recent announcements, Microsoft’s cloud computing services and HoloLens mixed-reality headsets were also highlighted. Afterwards, Qualcomm announced a partnership with Microsoft to create lightweight augmented reality glasses.