Is this a great time to buy Microsoft stocks?

Microsoft is entering a strong time of year. Over the last 10 years, the stock has risen 9 times between April 14 and April 27. The largest return was +15.32% in 2015. The largest loss was -7.98% in 2016. The average return has been +4.35% over the last 10 years and the annualised return has been an impressive +243.87%. Time to buy ahead of earnings season as tech stocks have seen strong gains during COVID-19 lockdowns?

Microsoft Corporation is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

Trade Risks:

  • There is a growing risk that investors consider equity markets overbought and that could see a correction. It is hard to know when that correction will come, but investors need to be aware of the potential risk.
  • There is an upside risk that another break out of COVID-19 could speed up further growth from tech stocks.