3 Things About Microsoft That Smart Investors Know
Microsoft (NASDAQ: MSFT) is one of the world's most diverse tech companies, with market-leading brands in multiple industries. Windows, Office, LinkedIn, Xbox, and Azure -- among others -- have grown Microsoft's dominance in the tech world and built safeguards within its business against macroeconomic declines.
Since the start of 2022, its stock is down roughly 24% as a broader market sell-off affected numerous companies. Rising inflation led to reduced consumer spending on tech, with worldwide PC shipments declining 15% in the third quarter of 2022, according to IDC. But Microsoft continued to see growth in revenue and operating income throughout the last year despite economic headwinds.
It's always best to invest in businesses rather than stocks. That can help you find companies likely to provide substantial gains over the long term, no matter the economy. As a result, it's smart to keep up to date with top companies like Microsoft. So, here are three things you should know about it.
Source Fool.com
