What are the best performing stocks over the past 10 years as far as large caps go? Microsoft Corporation (NASDAQ:MSFT) never ceases to provide more reasons to own the stock despite market turmoil.
Growth
Microsoft is a growth machine. The company has simply blown expectations out of water with respect to the company’s cloud computing business and peer networking/work from home technologies which have soared in usage as a result of this pandemic. I would expect those trends to continue indefinitely, so Microsoft receives an A+ on this metric.
Fundamentals
Despite a relatively high valuation, Microsoft stock doesn't look outlandishly expensive when one considers the incredible fundamental supporting said valuation. A Return On Equity (ROE) of more than 40%, for example, is obscene and represents the amazing quality of the company's assets and its management team .
Great balance sheet
Microsoft has built its business into a cash flow machine, turning out incredible amounts of cash each and every quarter. This provides a backdrop for an extremely good balance sheet, relatively low amounts of debt, and room for continued dividend increases and share buybacks over the long term.
Invest wisely, my friends.
Tech Insider
