Cheap Stocks: Here’s A $9 Backdoor Play On A $2.2 Trillion Megacap

Microsoft Inc.'s (Nasdaq: MSFT) latest earnings report is just the latest reason why it deserves a spot in every investor's portfolio. A 21% year-on-year revenue boost... a 47% year-on-year net income increase.

As impressive as those numbers are, they don't even come close to telling the real story of what's going on here.

You see, the company's older products, like Windows, aren't seeing any growth at all. In fact, they're actually hiding big-growth divisions, like Microsoft's superstar Cloud product, Azure. Azure grew 51% year over year, and several other businesses in connection to it saw similar growth profiles.

Image Source: Unsplash

Microsoft is really firing on all cylinders when it comes to its business Cloud, which is of course a big part of the reason why MSFT shares are trading north of $304 right now.

For investors who've been in for years, that's great, but for the millions of investors just starting out - well, it can feel like the train's left the station.

It hasn't.

I'm going to name a company that's absolutely essential to Microsoft and its Cloud; they're inextricably linked. The firm I've got in mind is the largest independent vendor of software solutions for migrating, managing, and protecting data in Microsoft 365. Microsoft's outrageous Cloud success has helped this company grow revenue 38%, year over year.

Best of all, this backdoor stock play on Microsoft is trading for around $9 right now - more than 33 times cheaper than MSFT itself...

Microsoft's Supercharging "Ace in the Hole"

As 5G wireless becomes more and widespread, any business that operates its services on the Cloud is going to see its potential for scaling and service massively increase. It's hard to overstate just how big a deal this trend is.

The result of this is going to be huge profit potential for anyone investing in the Cloud computing sector.

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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