Microsoft Stock (NASDAQ:MSFT) Can Still Rise Despite Sitting at the Top

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Numero Uno stock Microsoft (NASDAQ:MSFT), with a $3 trillion market cap, has delivered a return of around 1,154% over the last decade. Sitting at the top of the global stock markets, will it continue to give similar returns in the next decade? I believe the answer is yes. Microsoft’s consistently strong performance, cloud & AI-driven tailwinds, and robust margins despite substantial AI investments make me bullish on the stock. Thus, I’ll take advantage of any market weakness in the coming months to purchase MSFT.

Microsoft’s Recent Results Were Strong Yet Again

On April 25, Microsoft reported impressive Fiscal Q3 results for the seventh consecutive quarter, driven by upbeat performance across all business segments. Q3 adjusted earnings of $2.94 per share handily beat analysts’ estimates of $2.82 per share. Also, earnings jumped 20% year-over-year compared to earnings of $2.45 per share in the prior-year period.

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