It appears that Microsoft Corporation (MSFT) is in the midst of a powerful breakthrough. Analysts are reporting that the stock has been climbing steadily over the past few months, and could be in for some major gains over the next few weeks.
This news comes as Microsoft continues to build its presence in the consumer and corporate marketplaces. The company’s cloud computing platform, Azure, is providing businesses with powerful and reliable cloud computing solutions. Microsoft’s Cloud offerings are proving to be a popular choice amongst enterprises, as many businesses are leaning into the cloud for cost savings and increased agility.
Microsoft is also making large investments in artificial intelligence, augmented reality, and machine learning. These investments are creating some serious buzz within the technology industry, as these technologies are becoming increasingly popular and pervasive in our digital lives. Microsoft has already made significant advances in artificial intelligence with the launch of its Digital Agents and its Cortana digital assistant. Microsoft also recently launched an augmented reality platform called HoloLens, which has been extremely popular among enthusiasts.
In addition, Microsoft is investing heavily in the gaming industry. The company just released its new Xbox One S, which is the most powerful gaming console ever released. Microsoft is also launching several new gaming titles, such as Minecraft and Quantum Break. These titles are sure to attract a huge following of gamers, and will no doubt contribute to Microsoft’s growth.
Finally, Microsoft is continuing to outperform the market. Its stock is up more than 20% year-over-year, and is currently trading above its 52-week high. Analysts believe that Microsoft’s strong position in the markets means that the company is set up for a strong period of growth.
All evidence seems to point to Microsoft being on the verge of a powerful breakout. With its strong product lineup and investments in new technologies, Microsoft appears to be at the head of the pack in the tech industry. Investors should take note, as Microsoft’s stock could prove to be a great investment for the foreseeable future.