The Best Trillion-Dollar Stock to Buy Right Now, According to Wall Street

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Eleven stocks now trade on U.S. exchanges with market caps exceeding $1 trillion, as of this writing. Analysts expect the trend of the big getting bigger to continue in 2026, with price targets for most of the members of the trillion-dollar club implying well above-average returns.But one stock stands out among the rest. The median analyst price target for this titan is about 55% above the current stock price following a recent sell-off. Here's why it makes sense to stay bullish on Microsoft (NASDAQ: MSFT).Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »Image source: Getty Images.Shares of Microsoft are down 25% since the end of October due to a multitude of events changing investor sentiment on the stock.First, it's spending heavily on Azure, its cloud computing segment. The company spent $34.9 billion on capital expenditures in its first quarter and $37.5 billion in the second quarter. That's a significant step-up in spending from the first half of fiscal 2025, but it's not out of line with what other hyperscale cloud computing providers are spending this year.Investors may be concerned that the step-up in spending hasn't led to a meaningful acceleration in Azure revenue. Azure is already growing quickly, up 39% in the most recent quarter. Growth would have been higher, but Microsoft remains capacity-constrained, and it strategically shifted some of its compute to its own software to grow its own AI efforts.Moreover, investors might be worried about how generative AI platforms could disrupt Microsoft's enterprise software business. The entire software sector has sold off since the start of the year, and Microsoft hasn't been able to avoid it. But with its Windows operating system and Microsoft 365 suite sitting at the center of many enterprises' operations, it's hard to see AI displacing it. High-margin software remains a key cash cow for Microsoft, so any threat to the business could threaten its ability to invest in AI compute.Most recently, Microsoft's stock may be facing pressure after OpenAI revised its long-term spending plans. After signing contracts to spend around $1.4 trillion over the next eight years, OpenAI now plans to spend $600 billion on compute by 2030. The AI lab notably has a $250 billion deal with Microsoft for compute. Additionally, Microsoft owns 27% of OpenAI, so its financial results can have a meaningful impact on how investors value Microsoft.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,872.96 -5.92 (-0.09%)Dow 3048,814.00 -163.92 (-0.33%)Nasdaq22,698.27 +30.06 (+0.13%)Russell 20002,657.46 +25.10 (+0.95%)VIX20.39 +0.53 (+2.67%)Gold5,344.30 +96.40 (+1.84%)Trending tickersBRK-B Berkshire Hathaway Inc. 481.45 -23.50 (-4.65%)BTC-USD Bitcoin USD 68,882.85 +3,282.81 (+5.00%)AVAV AeroVironment, Inc. 199.55 -52.70 (-20.89%)F Ford Motor Company 13.36 -0.74 (-5.22%)LMT Lockheed Martin Corporation 675.41 +20.78 (+3.17%)PortfolioSign in to access your portfolioSign inTop gainersEMAT Evolution Metals & Technologies Corp. 10.28 +2.31 (+28.98%)AAOI Applied Optoelectronics, Inc. 103.98 +19.75 (+23.42%)AXTI AXT, Inc. 45.78 +7.88 (+20.79%)RCUS Arcus Biosciences, Inc. 24.25 +3.88 (+19.05%)FIGR Figure Technology Solutions, Inc. 30.03 +4.75 (+18.79%)Top losersAVAV AeroVironment, Inc. 199.50 -52.75 (-20.91%)TPB Turning Point Brands, Inc. 112.34 -24.65 (-18.03%)AES The AES Corporation 14.31 -2.98 (-17.22%)NCLH Norwegian Cruise Line Holdings Ltd. 21.94 -2.86 (-11.52%)ADT ADT Inc. 7.22 -0.81 (-10.04%)Most activeONDS Ondas Inc. 10.34 +0.26 (+2.56%)NVDA NVIDIA Corporation 181.82 +4.63 (+2.61%)NOK Nokia Oyj 8.21 +0.49 (+6.28%)F Ford Motor Company 13.34 -0.75 (-5.32%)PLUG Plug Power Inc. 1.7901 +0.0001 (+0.01%)Top economic eventsEarnings eventsMy earnings eventsEarnings events