Microsoft Stuck in Neutral as Tech Giants Soar
Microsoft's stock price has been on a rollercoaster ride in 2026. Despite delivering strong fiscal Q4 results, it's now back to flat for the year. This is surprising given that the S&P 500 has risen by over 12% so far.
The company's forward P/E ratio is still lower than its historical norms, making it a somewhat good deal. However, it's not as cheap as some of its peers, such as Nvidia and Alphabet, which are growing at a faster pace.
Microsoft is profiting from the AI trend through its Copilot tool and cloud computing division, Azure. But with investors having more options in the market, Microsoft may not be the best bet for growth potential.