Near an All-Time High, Microsoft Stock May Still Be a Buy
It's tempting to assume megacap companies like Microsoft (NASDAQ: MSFT) are unlikely to outperform the market over the long haul simply because they're already so big. But what some investors may miss is that even a mature company can continue rewarding shareholders over the long haul. Further, many megacap tech companies have some of the strongest competitive advantages, making them quite attractive investments.
Microsoft is a great example of a massive company that remains a good investment. Here's why the software giant is worth a spot on your watchlist -- and maybe even a spot in your portfolio.
Image source: Getty Images.
Source Fool.com