The company’s flagship products, such as Windows, Office and Azure, are still generating solid revenue and profit growth. Microsoft is also investing massively in quantum computing, gaming and mixed reality, all of which are high-growth segments that could propel MSFT stock.Īnother reason why I like Microsoft is its strength in its core business. It is also spearheading development in AI with its investments in OpenAI. For example, Azure has grown to become a major AWS competitor, while Bing has kept Google tense. Microsoft is chipping away at the businesses of other tech giants and is looking to expand and threaten others. Things are only looking up for Microsoft (NASDAQ: MSFT) as the company fires on all cylinders. That said, let’s look at the 25 best growth stocks to buy for the next five years in no particular order: Naturally, blindly buying does not apply to all growth stocks, and I will not include stocks with price targets too low from the current price point. That’s why most well-respected investors have made their fortunes through time in the market, not timing. No one has a crystal ball, and trying to avoid near-term losses will likely lead to losing out on future gains. But there will always be some hubbub, and it’s not the best idea to always put too much thought into the worst-case scenarios.įor example, investors who feared the worst in the summer of 2022 and closed their positions on a loss likely regret that decision now. Of course, one may say there are risks of a recession, a debt default, etc. There are still high-quality growth stocks with excellent long-term potential, and jumping on board is a good idea no matter the market conditions. This does not mean that investors should shun all growth names. However, the situation now is very different after the rally this year, and most growth stocks do not provide compelling entry points. 31, 2022 about 25 tech stocks to “buy before they take off in 2023.” Almost all of them have rallied and are up substantially since they changed hands for peanuts back then. Looking for the best growth stocks to buy will take much more scrutiny in the current market environment.
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