Unlike some stocks, investors don’t need to be convinced to buy Microsoft Corp. (NASDAQ: MSFT) stock when it’s in a downturn. As recently as April of this year, Microsoft stock dropped nearly 20% over concerns about the threat posed by Deep Seek to the artificial intelligence (AI) growth story, of which Microsoft, through its association with OpenAI, is a key player.
Investors bought that dip and have kept buying MSFT stock—so much so that the nearly 20% drop has turned into a gain of over 23% for the year.
