Tech stocks have been hit especially hard in the market downturn that started in early 2022. The Nasdaq Composite Index's losses roughly doubled the 8% decline in the S&P 500 in the past 12 months.

Sure, some of that slump makes sense given rising interest rates and the potential for a recession ahead. But those issues don't threaten the five-year outlook for industry-leading, highly profitable tech companies.

With that backdrop in mind, let's look at a few good reasons to take advantage of the stock market pullback to make long-term investments in Microsoft (NASDAQ: MSFT) and Adobe (NASDAQ: ADBE) shares.

Continue reading

Source Fool.com