Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, November 25, 2022

Article Excerpt

MICROSOFT CORP., $247.49, Nasdaq symbol MSFT, remains a buy for aggressive investors. The company is the world’s largest computer software firm. Its main product is the Windows operating system, which powers about 85% of the world’s personal computers. Its other main product—its Office suite, with its word processor (Word), spreadsheets (Excel) and slide presentations (PowerPoint)—controls over half of its market. In January 2022, Microsoft agreed to acquire Activision Blizzard Inc. (Nasdaq symbol ATVI). That firm is a leading developer of videogames for consoles, personal computers and mobile devices. Its top game titles include World of Warcraft, Call of Duty, Diablo, Candy Crush and Overwatch. The company will pay $75.0 billion (or $68.7 billion if you deduct the cash that Activision holds). To put that cost in context, Microsoft’s market cap (thaevalue of all outstanding shares) is $1.85 trillion. The purchase strengthens Microsoft’s Xbox videogame businesses, particularly as more users play their games through online subscription services instead of one-time purchases of physical discs. However, the…