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Microsoft: A Tech Stock for Chickens | |
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||
| Time: 00:00 EST/05:00 GMT | News Source: Business Week Online | Posted By: Todd Richardson | ||
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In a market fraught with anxiety over war, terrorism, and a slowing economy, there's no such thing as a safe stock. In the technology sector, where IT spending shows no sign of perking up, it's especially tough to find names that provide any measure of security or opportunity -- which, of course, explains why buyers are so scarce. In this gloomy environment, Microsoft stands out as an opportunity for long-term investors to consider. Thanks to a huge $43 billion cash horde and its lock on the PC operating system, earnings growth and financial strength are virtually ensured. | ||
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