Is Microsoft The New Safe Haven Stock?
Microsoft (NASDAQ: MSFT) has been more of a blue-chip stock than a tech one for nearly a decade. Now it can add safe haven to its list of attributes.
With the U.S. in a trade war with China, and recession fears reverberating through the markets, tech investors could be forgiven if they look for places to hide out.
Apple (NASDAQ: AAPL) isn't an option. The trade war with China is hurting its ability to compete against Samsung. If a recession does happen, consumers may not be so willing to spend $1,000 on a new mobile phone.
Source Fool.com
