Why The Microsoft Sell-Off Might Be A Buying Opportunity

The recent sell-off in Microsoft Corp MSFT is a buying opportunity, managing director of Hummer Winblad Venture Partners Ann Winblad said Thursday on CNBC's "Squawk Box."

What Happened: Microsoft fell more than 3% in after-hours trading after it reported third-quarter financial results Tuesday.

The company reported earnings of $1.95, beating the estimate of $1.78, and revenue of $41.71 billion, beating the estimate of $41.03 billion. 

Winblad described Microsoft as a high-margin pure software play. The company is "at the beginning of a huge growth opportunity," she said.

She told CNBC she didn't understand the sell-off in the stock, adding that Microsoft is the stock to own long-term. 

Related Link: Why Microsoft Is Really Trading Down Today (Hint: It Has Nothing To Do With Earnings)

MSFT Price Action: Microsoft has traded as high as $263.19 and as low as $169.39 over a 52-week period. 

The stock is up 14.45% year-to-date.

Microsoft was down 2.04% at $249.36 at last check.

Photo courtesy of Microsoft. 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!