Microsoft Corp. is recognized for its iconic products like Windows and Microsoft 365, but its cloud computing platform, Azure, represents the company's future trajectory. The stock has delivered extraordinary returns, with an increase of 457,634% since its IPO, indicating solid investment potential. As one of the Magnificent 7 tech stocks, 24/7 Wall St. anticipates continued stock appreciation by 2030, propelled by Microsoft's success in productivity solutions and cloud services. Overall, the article emphasizes Microsoft's impressive revenue growth in the past decade, significantly driven by its Intelligence Cloud division.
Microsoft Corp. has transformed into a tech powerhouse, achieving 457,634% growth since its IPO, with Azure positioned as its future growth engine.
Microsoft remains one of the Magnificent 7 tech stocks, with projections of healthy stock upside by 2030 reflecting its dominance in productivity, cloud computing, and AI.
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