Could Microsoft Become the Most Important Stock in the Nasdaq, S&P 500, and Dow?

(NASDAQ: MSFT), perhaps more than any other company, encapsulates the impact that big tech is having on the stock market and major indices.

For years now, Microsoft has loomed large in Apple's (NASDAQ: AAPL) shadow as the second-most-valuable U.S.-based stock. But that could change, as Microsoft's $2.77 trillion market cap is within striking distance of Apple's $2.97 trillion market cap.

But it's not just about passing Apple in market cap that could make Microsoft the undisputed heavyweight champ of the stock market. Here's a look at how Microsoft could become the most important company in each major index and whether or not the tech stock is worth buying now.

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Source Fool.com