Microsoft (NASDAQ:MSFT) ended 2016 in green as the stock was up more than 10%. Moreover, the stock is off to a good start this year also as it is up nearly 5% year to date (YTD). As a matter of fact, the company’s upward movement started in early 2013. Since then, the company has continued rewarding investors with strong returns every year.
Microsoft reported second-quarter results in January. In the second quarter, the company detailed earnings per share (EPS) of 83 cents, exceeding the analyst’s estimate by 4 cents. The company’s revenue came in at $26 billion, again exceeding the analyst’s estimate by $790 million. Moreover, that figure represents a growth 4% compared to -3 percent in the same quarter of the previous fiscal year. Continue Reading »