kowenicki said:
But a 10% increse in 6 months would be amazing, given where the stock is now. 20% is fanciful... not that I wouldn't welcome it. We arent talking penny stocks here on small caps, we are talking a $330bn business. A 20% increase would be insane in the next 6 months taking the market cap to almost $400bn. The large stock rises of the last 6 to 12 months are just putting these large profitable companies (like Microsoft) back where they should be, I wouldn't expect a repeat of that unless they smash expectations. This is not like some other stocks where they are in recovery phase and there is room for larger growth. Havign said that, we know the analysts (and everyone else) ALWAYS underestimate Microsoft... but I dont think they will be that far off. |
Thanks for the insight. I have kind of a buttload of cash currently and was looking for a stock with stability around the 10%+ gain area that I could just invest with and not have to worry about. Moving to LA in September so was hoping to use the return on the stock as my travel+expense costs for moving and rent.
