Satya Nadella Has Been Amazingly Great At Microsoft Corporation (MSFT) So Far

Microsoft Corporation (NASDAQ:MSFT) has made some bold moves in the short time that Satya Nadella has been CEO.

The tech titan has dropped its emphasis on Windows, nixed its mobile operating system entirely, and refocused on its cloud computing efforts. As CNBC reports, the strategy has paid off immensely:

Microsoft has emerged as a major vendor of cloud computing services, especially for big businesses, challenging Amazon Web Services in the rapidly growing cloud infrastructure market. And Microsoft has turned into an ally of the open-source development community, bringing some of its software to the Linux operating system.

Investors have been particularly rewarded.

That’s putting it mildly, as MSFT shares have tripled under Nadella in only four years. His emphasis on the cloud and mobile have paid off immensely, and now Microsoft — just a few years removed from looking like a tech has-been — now seems destined to become a $1 trillion company.

Microsoft Corporation shares closed at $106.27 on Friday, up $1.87 (+1.79%). Year-to-date, MSFT has gained 25.36%, versus a 5.70% rise in the benchmark S&P 500 index during the same period.

MSFT currently has a StockNews.com POWR Rating of A (Strong Buy), and is ranked #1 of 66 stocks in the Software – Application category.