Pro Analysis

Wedbush adds Microsoft to 'best ideas list,' sees $1 trillion value in 2019

One of the biggest Microsoft signs is placed next to green trees at a public intersection near Microsoft's Redmond campus
Rvolkan | Getty
One of the biggest Microsoft signs is placed next to green trees at a public intersection near Microsoft's Redmond campus

Wedbush Securities said Microsoft is one of its "best ideas" in 2019, citing major growth potential in the cloud business.

The firm expects Microsoft to cross $1 trillion market cap in 2019 as the shift to cloud continues to boost its growth. Microsoft has a market value of $851 billion as of Monday.