Microsoft (NASDAQ: MSFT) stock has had an amazing run under the leadership of CEO Satya Nadella. Shares of the company are up nearly 500% since Nadella took the reins from Steve Ballmer in February 2014, far outpacing the S&P 500's return of 110% during the same period.
But some investors are beginning to wonder if the stock has run too far too fast, and is now too expensive. That's understandable, as the stock price growth means the company now has a $1.6 trillion market capitalization. Other investors, especially those with a long-term outlook, aren't worried at all and are still confident that the company has a long runway for growth. Let's look at why these investors are more likely to be right.
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Source Fool.com