This Non-FAANG Big Tech Stock Is a Buy for 2023 and Beyond
The acronym FAANG was given to Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (now the parent company of Google). Those companies were grouped together and earned that nickname because they were the hot, new(-ish) tech companies at the time. But one Big Tech giant is notably missing: Microsoft (NASDAQ: MSFT).
Having been around since 1975, Microsoft didn't quite fit the FAANG mold. Its size, dominance, and future outlook, however, can't be overlooked.
Like many tech stocks, Microsoft has had a tough 12 months; as of Feb. 13, it's down over 7%. However, this shouldn't be cause for concern for long-term investors. Here's why Microsoft may be a buy right now, and beyond.
Source Fool.com
