1 Artificial Intelligence (AI) Growth Stock Created Many Millionaires and Will Continue to Make More
Microsoft (NASDAQ: MSFT) came public in 1986 with a valuation of $777 million, and it's now the most valuable company in the entire world, sporting a valuation of $3.1 trillion. That means investors who bought Microsoft stock at its initial public offering (IPO) and held until now would be sitting on a gain of 402,731% (excluding dividends).
That would have been enough to turn a $250 investment back in 1986 into more than $1.1 million today! By comparison, the same investment in the S 500 index would be worth just $5,630 today.
Microsoft was founded as a software company, but it has since expanded into a number of different segments including computer hardware, gaming, cloud services, and artificial intelligence (AI). The AI opportunity is forecast to be worth trillions of dollars, and here's how it could help Microsoft mint more millionaires in the future.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 102 Buy predictions and 2 Sell predictions.
With a target price of 414 € there is a slightly positive potential of 4.53% for Microsoft Corp. compared to the current price of 396.05 €.
