My Top FAANG Stock to Buy for the Second Half of 2023 (and Beyond)
The FAANG acronym is short for Facebook (now Meta Platforms), Apple, Amazon, Netflix, and Google -- a stand-in for its parent, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
While there are certainly some other companies investors could include in there -- like Microsoft, Nvidia, or even Tesla -- the abbreviation is generally intended to be a catchy tracker for the performance of America's largest technology companies. And so far, this cohort of tech juggernauts is driving the Nasdaq Composite Index to a record-setting start to the year.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 7.2% for Microsoft Corp. compared to the current price of 391.8 €.