Microsoft's stock rose by 17% in 2024, buoyed by its strong position in cloud computing and AI innovation. Investor DT Invest highlights Microsoft’s robust financial resources, commanding a 25% share of the global cloud market, and its strategic investment in OpenAI as key factors positioning it for future growth. Despite concerns over AI-related expenditures and margin pressures, the company’s leadership under CEO Satya Nadella and its valuation being 21% below intrinsic value support a strong buy sentiment. Wall Street analysts concur, giving Microsoft a "Strong Buy" rating with an average 12-month price target indicating a 14.5% upside.
**Source**: TipRanks