This 1 Chart Shows How Microsoft Became the Biggest "Magnificent Seven" Stock and World's Most Valuable Company
Earlier this year, (NASDAQ: MSFT) dethroned Apple (NASDAQ: AAPL) to become the world's most valuable company. With a market capitalization of roughly $3 trillion, Microsoft is currently worth about $400 billion more than the iPhone manufacturer and stands atop the illustrious list of "Magnificent Seven" stocks.
Following Amazon's (NASDAQ: AMZN) lead, Microsoft began building its own cloud infrastructure business in 2008. In 2010, the company launched its Azure cloud platform. But Azure wasn't really in a state that would allow it to be a credible competitor to Amazon Web Services (AWS) until 2013.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 112 Buy predictions and 1 Sell predictions.
With a target price of 425 € there is a slightly positive potential of 9.17% for Microsoft Corp. compared to the current price of 389.3 €.