Microsoft Becomes Best Performing Dow Stock Of 2019

By Douglas A. McIntyre Updated Jan 30, 7:37PM EST · Published Jun 15, 8:16AM EDT

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Microsoft Becomes Best Performing Dow Stock Of 2019 — © Raimond Spekking / Wikimedia Commons

The Dow (DJIA) is up 11.84% this year to 26,089.61, which means it is close to its all-time high. Among its 30 components, one has posted a stock price of almost triple that rate so far this year. Shares of Microsoft Corp (NASDAQ: MSFT | MSFT Price Prediction) are up 30.40% to $132.45. That puts its market cap over $1 trillion.

A look at some of the comments about Microsoft from experts.

From Barron’s:

Evercore ISI analyst Kirk Materne reiterated his Outperform rating on Tuesday, citing the company’s large opportunity in the gaming market.

“Microsoft is one of the few companies that have the potential to be both a leading content provider as well as a leading platform for gaming publishers,” he wrote. “Ultimately, we believe gaming can become the next major narrative as it relates to Microsoft’s long-term growth opportunity.”

From Morningstar:

Since taking over as CEO in 2014, Satya Nadella has reinvented Microsoft into a cloud leader that has become one of only two providers that can deliver a wide variety of platform-as-a-service/infrastructure-as-a-service solutions at scale. Microsoft has accelerated the transition from a traditional perpetual license model to a subscription model and embraced the open-source movement.

From MarketWatch:

“Microsoft has stepped up the game,” said Maribel Lopez, principal analyst of Lopez Research. “The competitive pressure for both Salesforce and Tableau is the fact that the Microsoft story is hanging together much better than it was in the past.”

According to Gartner Research, Microsoft is listed as a leader in a recent report on analytics and business-intelligence platforms, with cautious comments noting that the company only offers its software on its Azure cloud service.

Based on recent news out of and about the company, its rise is likely to continue

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.