Microsoft: The Best Large-Cap Cloud Play, Says Wedbush
Some tech giants have found 2021s stock market a less hospitable environment than recent years. The post-covid landscape has seen some of the worlds biggest companies – Apple and Amazon immediately come to mind fall behind the S&P 500s performance.
Microsoft (MSFT), however, has kept up the pace, year-to-date just edging ahead of the benchmark index gains.
According to Wedbushs Daniel Ives, the signs are there for Microsoft to continue pushing ahead, and Ives thinks the growth potential of its cloud…