This is the kind of stock people will look back on and say: „Well obviously it was going to go up. I should've invested more.“ And as we say in Germany: Klotzen, nicht kleckern! So I bought Microsoft. Good luck everybody else! EDIT (Because some people asked): My investment obviously isn‘t just yolo This is all just my personal opinion/assumptions (no investment advice): I think Microsoft will in general profit from the investor shift back to SaaS companies. In regard to Microsoft specifically I see the growth opportunities mainly in Azure + AI infrastructure, Copilot, Security, and GitHub. The real moat is the deep enterprise integration: Windows, Office, Teams, Azure, Identity, Security. AI is just being layered on top of an already deeply embedded ecosystem. Microsoft doesn’t need to win new customers, it mainly needs to increase revenue per customer.…