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Morgan Stanley: Microsoft to surge nearly 50% to $1 trillion market cap in a year

March 26, 2018

Via: CNBC

Investors have been watching Amazon and Apple in the race to $1 trillion in market capitalization, but Morgan Stanley is betting on Microsoft to reach that milestone in the next 12 months thanks to cloud adoption.

“Strong positioning for ramping public cloud adoption, large distribution channels and installed customer base, and improving margins support a path to $50 billion in EBIT and a $1 trillion market cap for MSFT,” Morgan Stanley’s Keith Weiss wrote in a note to clients Monday.

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