Technology
A $1000 Investment in Microsoft at the Market Bottom Would Now Be Worth $7500
Published:
Last Updated:
One of the most difficult aspects of trading is timing the market. Odds are if you have been in the market over the past nine years, most likely you made some money. This bull market began in March of 2009, and 24/7 Wall St. is looking back to see how some major blue chip stocks compared to the broad markets over this time.
Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and from there began perhaps the biggest bull market of the modern era. At the most recent close, the S&P 500 was at 2,732.22, more than quadrupling its bottom nearly nine years ago.
So how does Microsoft Corp. (NASDAQ: MSFT) compare to the markets over the past nine years?
On an adjusted close basis, Microsoft closed March 6, 2009, at $12.16 a share, or at $15.28 on an unadjusted basis. Microsoft most recently closed at $92.00 on an adjusted basis.
Spitballing the numbers here, we can see that Microsoft’s growth over this period definitely outpaced the broad markets, with shares gaining roughly 650%.
If you had invested $1,000 in Microsoft back then, you would have $7565.79 as of Friday’s close.
While this is very impressive compared to the S&P 500, Microsoft’s return pales in comparison to that of Apple, which returned a whopping 2,000% in this time.
Over the past 52 weeks, Microsoft has outperformed the broad markets, with its shares up about 43%. In just 2018 alone, the tech giant is up over 7%.
Shares of Microsoft were last seen trading near $93, with a consensus analyst price target of $104.24 and a 52-week range of $63.62 to $96.07.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.