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MicroStrategy and its leadership among tech companies

Aug 25, 2024
  1. MicroStrategy's results
  2. Competitor comparison
  3. Forecasts for MicroStrategy

MicroStrategy co-founder Michael Saylor recently took to social media to compare the performance of his company to other prominent names since August 2020.

MicroStrategy's results

Since its analysis in August 2020, MicroStrategy has shown an impressive stock growth of 1,113%.

Competitor comparison

For comparison, Nvidia took second place with a growth of 1,059%, benefiting from the interest in artificial intelligence. Arista Networks is in third place, showing an increase of 539%. Other successful companies include Eli Lilly (523%), Quanta Services (467%), Howmet Aerospace (442%), Broadcom (408%), and Marathon Petroleum (372%).

Forecasts for MicroStrategy

According to data provided by U.Today, Cantor Fitzgerald recently set a target price for MicroStrategy shares at $194. The company's shares appear as one of the ways to invest in Bitcoin, unlike Bitcoin ETF. It is also worth noting that MicroStrategy shares were included in the MSCI World index for large and medium-sized companies, but the company is not yet part of the S&P500 index.

MicroStrategy continues to show impressive results, remaining a leader among tech companies and receiving support from major investors.

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