Well, this "old guard" tech company recently soared like a small-cap again – jumping 10.5% on a single day, following a strong third-quarter earnings report on April 24.
While that's huge jump in share price, it actually understates the significance of the stock's rally. On that day, this company added a stunning $36.6 billion in value to its shareholders.
Let me put that in perspective.
That one-day move was more than five times the entire market cap of hyper-growth media darling GoPro Inc. (Nasdaq: GPRO).
Wall Street was particularly impressed with this company's continuing massive growth in the breakout field of cloud computing.
But that's not all that's going on.
There's a second major factor at work – one that will continue to push this company's shares even higher from here.
Let's take a look at the company – and that "x factor"…
The Comeback Kid
Most recently, back on Feb. 3, 2015, I stood behind the company after Wall Street expressed disappointment in the firm's fiscal second-quarter results.
I noted that I had seen nothing in the earnings release to change my basic thesis that Microsoft will succeed in its massive realignment and that its stock still faces enormous upside. Here's what I said at the time:
"Investors overreacted to what was actually a pretty good earnings report – no surprise there. And Wall Streeters, who should know better, are missing a big part of the Microsoft story – this isn't the same complacent, one-trick Windows/Office-rooted enterprise it was not too long ago.
"The tech giant has been quietly and steadily rebuilding, repositioning, and refocusing itself for success in a brand-new era through big investments – and rapidly increasing sales – in hot sectors like cloud computing."
And just like I predicted, that rebound came April 24.
Consider that on April 2, when the stock entered its current uptrend, Microsoft stock closed at $40.29 a share with a market cap of $326.9 billion. By April 29, it had climbed 21.7% to close at $49.06, with a market cap of $396.9 billion.
That's $70 billion in new shareholder value in just 19 sessions, or an additional $3.7 billion in market cap each trading day.
About the Author
Michael A. Robinson is a 36-year Silicon Valley veteran and one of the top tech and biotech financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
And even with decades of experience, Michael believes there has never been a moment in time quite like this.
Right now, medical breakthroughs that once took years to develop are moving at a record speed. And that means we are going to see highly lucrative biotech investment opportunities come in fast and furious.
To help you navigate the historic opportunity in biotech, Michael launched the Bio-Tech Profit Alliance.
His other publications include: Strategic Tech Investor, The Nova-X Report, Bio-Technology Profit Alliance and Nexus-9 Network.