Aswath Damodaran Identifies Microsoft as a Top AI Value Play in Market's "Magnificent Seven"
Sun, Jul 14, 2024 ET
MSFT --
Aswath Damodaran, a NYU finance professor, has listed Microsoft Corp (MSFT) among the top seven AI value stocks, terming it a "money machine." Damodaran, known for his views on stock valuations, has highlighted the significant market gains of these seven major tech companies in recent years, emphasizing their financial performance compared to other global markets. Despite past concerns about tech stock valuations, Damodaran now sees these companies as potential investment opportunities due to their robust cash flows and earnings.