Could Microsoft Stock Help You Become a Millionaire?
Shares in Microsoft (NASDAQ: MSFT) have jumped 33% over the last 12 months, outperforming the S 500's already-impressive increase of 25%. The growth saw Microsoft surpass Apple as the world's most-valuable company, achieving a market capitalization above $3 trillion.
The company has rallied Wall Street by becoming one of the biggest threats in artificial intelligence (AI), an industry projected to hit nearly $2 trillion in spending by 2030. Meanwhile, consistent earnings gains, significant cash reserves, and leading positions in multiple areas of tech have made Microsoft's stock one of the most reliable investments out there.
So, here's why Microsoft stock could make you a millionaire with the right investment.
Source Fool.com
Microsoft Corp. Stock
€416.20
0.230%
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 positive potential of 20.13% for Microsoft Corp. compared to the current price of 416.2 €.
