THIS TECH GIANT IS RIDING A 'WAVE' OF TRANSFORMATION
Microsoft (MSFT) is one of the world's biggest tech companies, providing the computers and software we use on a daily basis.
Its popular Microsoft Office software suite is used in more than 1 million workplaces around the globe.
As CEO Satya Nadella said in a recent press release, we're seeing a "second wave of digital transformation." And that has been a major boon for Microsoft...
In the most recent quarter, the company's profits came in at $15.5 billion – up 33% from the same period last year.
As you can see, shares of Microsoft are up roughly 400% over the past five years, including dividends. They recently hit a fresh all-time high.
As long as Microsoft keeps selling the tech we can't live without, expect MSFT to head higher...
Source: Daily Wealth