Why Microsoft Stock Is a Buy During the Market Downturn
Many investors are understandably wary of stocks in the technology sector these days. The U.S. stock market has experienced a rough 2022 so far due to macroeconomic factors, such as inflation, and tech stocks have been hit particularly hard.
But investors shouldn't overlook Microsoft (NASDAQ: MSFT). The tech titan's stock price has dropped along with the broader market, hovering around $270 at the time of this writing after hitting a 52-week high of $349.67 last November.
Source Fool.com