Has Microsoft Proved It's a Better Growth Stock Than Alphabet?
(NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) are two tech giants that have become fierce rivals over the years. Both have been terrific growth investments with their three-year returns looking very comparable: Microsoft is up 65%, and Alphabet trails only slightly with gains of around 60%.
But with a major acquisition in Activision in the books and ChatGPT looking like a better chatbot than Bard, has Microsoft proved to be the better growth stock?
What stands out about Microsoft's business is that there is a lot of potential for the company to get bigger. It is rolling out artificial intelligence (AI) features on its already popular Office suite of products. It has invested billions in ChatGPT maker OpenAI, and Microsoft projects that it could generate $10 billion in annual revenue due to AI.
Source Fool.com
Microsoft Corp. Stock
With 114 Buy predictions and 3 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 424 € shows a slightly positive potential of 14.33% compared to the current price of 370.85 € for Microsoft Corp..
