Forget the S&P 500: Microsoft Remains One of the Best Stocks to Own
Although the S&P 500 has outperformed Microsoft year to date, cloud computing momentum can quickly change that narrative.
Overview
The S&P 500 is up by more than 10% this year, and its growth has outpaced Microsoft (NASDAQ: MSFT), but I don't think that trend will last too much longer. Microsoft's 20% return over the past month shows that more investors are spotting the opportunity.
Its earnings results were the major catalyst behind the surge, and there were a few details in the report that make me think Microsoft is a more promising investment now than the broad-market S&P 500.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.