When financial traders are willing to buy a stock at any price, that’s not a good sign. It’s hard to be a contrarian with Microsoft (NASDAQ:MSFT) now, as MSFT stock continues to steamroll ahead on artificial intelligence hype.
Yet, no company – not even the almighty Microsoft – can remain a darling of the markets forever.
I’m certainly not suggesting that Microsoft is a bad company or that its shares will go to zero. Rather, I’m calling for level-headed thinking.
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