Wall Street has grown particularly bullish about (NASDAQ: MSFT) this year, with its stock up 44% since Jan. 1. The company has impressed investors by getting a head start in artificial intelligence (AI) and inching closer to closing a historic deal to acquire video game company Activision Blizzard. 

The tech giant has a long history of consistent long-term growth, proven by its position as the second-most-valuable company in the world by market cap.

Microsoft's dominance in software has paved a path for it to expand to multiple high-growth industries, including cloud computing, video games, AI, productivity software, and more. 

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Source Fool.com