Microsoft’s $1.3T Drawdown Looks Overdone - Upgrade and Tactical Long Setup
<p>Microsoft reportedly shed about $1.3 trillion in market value from its prior peak. We view a sizeable portion of that drawdown as temporary price action tied to sentiment and short-term risk-off positioning rather than a permanent impairment of fundamentals. This trade idea upgrades Microsoft to a buy and lays out a tactical long with clear entr…