Yes, a comeback after 13-14 years. Microsoft is trading at levels last seen in CY 2000 during dot com boom.
Microsoft has broken out above 37 after 13 long years and that's very very BULLISH
Technically, stock has turned around above 37 and it seems institutions have turned big time positive on the stock post new CEO taking office.
It's very likely that over next 12-18 months - Microsoft may head back to $60 the life time high of the stock which it made in CY1999. Having said that, in markets there is no certainty. We will see what happens but one thing is certain - traders and investors are positive on the stock, and any decline to $37 will be aggressively bought.
The blogpost is for educational purpose only. Please do not make any investment decision based on this article. Please do your own due diligence.