Without a doubt the clear winner on Wall Street this week was Microsoft, Corp. (MSFT). On Thursday, June 18th, Microsoft reported $33.7 billion of top-line revenue in its 4thQuarter. This represents a 12% year over year increase.
25 years ago Microsoft’s revenue was generated by the Windows software operating system. Today Microsoft’s cloud segment is growing 19% year over year. These are spectacular results for this member of the Dow Jones Industrial Average.
The only downside of the companies various revenue streams was its X-box gaming software and services, which did not meet Wall Street expectations.
Over the last 5 years Microsoft’s shares have increased from a low of $45 to Fridays all-time high of $136.
I highly recommend holding shares for the long-term and purchasing more on every $5 increase in share price.
Once again you are witnessing the Wealthy Investor approach pay off big as Microsoft is a stock I’ve been recommending to students just like you over the last 2 to 5 years.
