Long Term to Hold MSFT
Despite all the fear mongering about tech stocks, MSFT is expected to increase in value over the long term. It's diverse, with divisions covering software and hardware as well as business and consumer products and services as currently reported in its revenues up 20%-31% year over year even in a recessionary environment.
MSFT's diversified profit streams make it an incredibly resilient business that's able to invest its rising profits in new and exciting innovations such as ChatGPT, all while returning cash to shareholders via dividends and share buybacks.
MSFT's a blueprint for running a highly successful company that can only go up in share value for the foreseeable future. Watch MSFT's share price go up, even with the SVB bank collapse.
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