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Microsoft Stock Soared in 2019. Here’s Why It Could Continue to Outperform This Year.

January 03, 2020 / Tae Kim
SHARESHARESHARE

We’re taking a look at all 30 stocks in the Dow, starting with the worst performer Walgreens Boots Alliance and working our way up to the highest-flying stock in the benchmark Apple.
Microsoft keeps on rolling. In 2019, the company continued its transformation from legacy software vendor to cloud giant.Microsoft’s  cloud traction is a big reason why its shares have significantly outperformed the market in 2019. The tech giant’s shares have risen 55% in 2019 amid investor enthusiasm over the company’s Azure cloud-computing business.