Is This Top Tech Stock About to Become the Next $3 Trillion Company?
(NASDAQ: MSFT) is on the brink of joining the most exclusive stock market club in the world.
At least, that's according to a noted tech sector analyst who believes the company's share price can swell to hit the once-unthinkable $3 trillion market cap. The stock still has some distance to go, with that metric standing at a mere $2.47 trillion as of this writing. Let's gaze into the crystal ball to see whether this prognosticator's projection might be realistic.
That $3 trillion mark is freshly significant for many market players, as that's the level Microsoft peer/rival Apple (NASDAQ: AAPL) reached at the end of June -- the only U.S. stock to have ever done so. Since then, unfortunately for Apple shareholders like myself, it's retreated somewhat but is still hovering just shy of that level.
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..
