Microsoft (MSFT) Is On a High, Focus on Azure a Key Catalyst

Shares of Microsoft Corporation MSFThave returned 40.7%, outperforming the industry’s rally of 30.6%.

This momentum can be attributed to impressive traction gained by Azure, robust performance of Office 365 and LinkedIn. Morgan Stanley’s note stating that Microsoft will lead it to a market capitalization of $1 trillionwithin the next 12 months has also kept its stock performance on a high, of late.