Microsoft's $392 Billion Cloud Backlog Could Be a Hidden Goldmine

Key Points Microsoft is a dominant and growing force in the cloud business. Its Azure cloud platform continues to drive company-wide results. However, Microsoft shares have become incredibly expensive. 10 stocks we like better than Microsoft › Microsoft (NASDAQ: MSFT) is currently locked in a battle with Apple (NASDAQ: AAPL) to be the world's second-largest company. However, with results like the ones Microsoft just announced, Apple is clearly outclassed. Microsoft just announced some incredible r ...