Investors have fallen in love with the Satya Nadella-led company for a variety of reasons, the most notable being the company’s advancements in generative artificial intelligence.
The actions of Microsoft (MSFT) has had an impressive performance in the last yearrising around 65%, more than tripling the 20% increase in the index S&P 500 during this period. For the software giant, this includes gains of 17% and 5% in six months and one month, respectively, also outperforming the S&P 500 index in both periods.
With Friday’s closing price at $388.47 per share, the company led by Satya Nadella It now has a market cap of nearly $3 trillion, which is enough to surpass the $2.9 trillion market cap of Manzana (AAPL) and claim the title of the most valuable company in the world. This Tuesday, January 16, the role of MSFT It has a value of US$393.25.
Investors have fallen in love with Microsoft for a variety of reasons, the most notable being the company’s advances in generative artificial intelligencewhich began in late 2022 with its $10 billion investment in OpenAI’s ChatGPT, giving Microsoft 33% ownership of the company.
During the last six months, Microsoft shares have appreciated 15.2%. Thus, in the last year they have risen more than 3%, which makes it an attractive company to invest in from the Buenos Aires stock market through the Argentine deposit certificates (Cedears). In the last month alone, Microsoft shares appreciated 3.8%.
Cedears: what they are and how to operate that instrument
Microsoft’s Cedear this Tuesday climbs 0.4% and together with Google, they are the only ones that operate in green. Cedears are one of the instruments most used by investors for portfolio dollarization. They are papers that follow quotes of foreign companies in global markets and that are subscribed in pesos – also in dollars– but the fluctuations of the Cash with Settlement dollar (CCL) continue. The costs are the same as trading shares in the local market and an account abroad is not needed.
These are instruments that are operated locally and represent shares that are listed on foreign markets, such as the NYSE, Nasdaq, FTSE or the Frankfurt Stock Exchange, among others, and there are more than 200 available to invest.
cedars
The dividend issue also weighs when choosing the company. They are charged in dollars every time you pay abroad in the proportion that corresponds to the Cedears you have in your wallet.. Furthermore, since it is tied to the CCL, it is a good safeguard against jumps in the exchange rate.
Each Cedear has a “conversion ratio”: that is, an equivalence between local roles and external action. For example, at Apple it is 10 to 1; That is to say, you have to have 10 local Apple shares if you want to convert it into an American stock. At Amazon it is 72 to 1, at Microsoft 5 to 1.
Bolsas y Mercados Argentinos (BYMA) established that “Cedear’s minimum trading unit will be equivalent to V$N 1 (nominal value one).” That is, investors can enter from lower amounts and operate with multiples of 1. In short, it is not necessary to buy a full share of the companies, but rather a fraction can be purchased.
To invest in a Cedear it is necessary to have an active client account that allows you to operate in the capital market. It is possible to add one to the one we already have in a bank or create a new one through a brokerage company, as long as it is officially listed on the market.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
