Shares of Microsoft (NASDAQ:MSFT) have lagged the performance of other mega-cap technology concerns year to date. However, with several catalysts forming there is reason to be bullish on the company’s stock.
Truly, shareholders got a jolt recently when news broke that the Internal Revenue Service (IRS) has slapped Microsoft with a bill for $29 billion in unpaid taxes. However, investors needn’t fret about the back taxes too much. Microsoft has said that it plans to contest the tax agency’s calculations and findings, in court if necessary. And it is expected to take years for the issue to be resolved, pushing the hefty tax bill far down the road.
In the meantime, the Seattle-based company has received several pieces of good news recently. Such as…
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