THIS TECH JUGGERNAUT JUST BROKE OUT
Today's chart highlights one blue-chip business dominating the tech sector right now...
Plenty of Big Tech firms have been around for decades and have established businesses that generate steady sales and thick profit margins.
And many use a large portion of that money to pay dividends and buy back shares. But since they rarely make headlines, investors often pass over them in favor of more "exciting" opportunities.
These "boring" tech giants have been overlooked for years. Take Microsoft (MSFT), for example. The software giant is No. 1 in its industry. It has more than a dozen separate businesses that each generate more than $1 billion in annual revenue. Last year, it sold $68 billion of software, more than its top three competitors – Oracle, IBM, and EMC – combined.
It's a dominant business that has enjoyed steady, long-term growth. Shares are up nearly 90% over the past three years. And the stock continues to outperform the overall market... Shares have soared 25% over the past two months alone and hit a new 52-week high earlier this month. Microsoft continues to treat shareholders well...
source: Daily Wealth