This Hasn't Happened to Microsoft's Stock Since 2012
One of billionaire investor Warren Buffett's biggest mistakes was not buying shares of Microsoft (NASDAQ: MSFT) in the company's early years. He blames not doing it on "stupidity," as the business has proven to be a huge success. Even buying the stock five years ago would have more than doubled your money. The tech stock has simply been a great buy -- but 2022 was a big exception.
Microsoft is one of the safest growth stocks you can buy and it normally has no problem outperforming the markets. But in 2022, amid a big tech sell-off, its shares fell by 29%, which is far worse than the S&P 500's decline of a more modest 19%. Here's a quick overview of how Microsoft has performed against the index:
Source Fool.com
