Where Will Microsoft Be in 5 Years?
Microsoft's (NASDAQ: MSFT) stock has surged nearly 300% over the past five years as the tech giant expanded its cloud business, transformed Windows and Office into services, launched new Xbox and Surface devices, and extended its mobile ecosystem with iOS and Android apps.
CEO Satya Nadella, who adopted a "mobile first, cloud first" strategy upon taking the helm in 2014 before shifting the company's focus to artificial intelligence (AI) a few years later. As a result, the mature tech stock became an exciting growth stock again.
But past performance never guarantees future gains, so investors should take a fresh look at Microsoft to see if it can continue outperforming the market over the next five years.
Source Fool.com