The new Microsoft under Satya Nadella is still looking good on Wall Street

Almost three years ago, Microsoft named Satya Nadella as its CEO. Since then, Microsoft has reversed its fortunes and returned to being a growth stock after stagnating for nearly a decade — and 2016 was not an exception to that.

Indeed, as Microsoft continued its transition to cloud-based services and adopting multiple platforms, as well as taking big bets like buying LinkedIn for $26.2 billion in cash and continuing to flesh out its Surface devices, it’s been rewarded by Wall Street. Microsoft even made an effort to steal Apple’s thunder with its Surface Studio, a desktop geared toward the designers and professionals that Apple has always more or less had on lockdown. And then there’s Hololens, another bet on augmented reality that could help further cement its foothold in…

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