A Microsoft-Google AI arms race is keeps expanding. Fortinet, Uber and Enphase were big winners early Wednesday. Read More...
Motley Fool
Why Microsoft Is the Safest Big Tech Stock
Tech giant Microsoft (NASDAQ: MSFT) did not escape last year’s tech stock sell-off; however, its 28.7% decline was more than 4 percentage points better than that of the Nasdaq Composite, which fell 33% in 2022. Not only does Microsoft tend to fall less than the Nasdaq in downturns, but the stock has also handily beat the index over the past 3-, 5-, and 10-year periods. While Microsoft certainly has some concentration in the high-growth cloud services and server products segment, no single category makes up more than 50% of the business.
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