Better Cloud and AI Stock: IBM vs. Microsoft
Over the past decade, IBM's (NYSE: IBM) stock price rose 10% while 's (NASDAQ: MSFT) stock surged 810%. IBM underperformed Microsoft by such a wide margin because it missed the seismic shift toward public cloud services, struggled to grow its revenue, and prioritized cost-cutting strategies and buybacks over smart investments. Microsoft grew a lot faster by shrewdly expanding its cloud, mobile, and AI ecosystems.
Microsoft might still seem like a better buy than IBM right now, but the stock of the former actually underperformed the latter over the past 12 months. Microsoft's stock is up 24%, while IBM's stock advanced 36% as it impressed the bulls with its stabilizing growth.
Could IBM continue to outperform Microsoft over the next 12 months?
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 150 Buy predictions and 4 Sell predictions.
With a target price of 500 € there is a slightly positive potential of 15.65% for Microsoft Corp. compared to the current price of 432.35 €.
