Time to Buy the Recent Dip in Microsoft or Amazon's Stock?
Microsoft(MSFT) ZACKS·2024-08-07 07:31
Markets stabilized today with the S&P 500 and Nasdaq rising 1% after a correction like selloff over the last week. As volatility fears start to settle Amazon (AMZN) and Microsoft (MSFT) are two big tech stocks investors may be eyeing for a rebound.Despite giving back much of their lofty gains this year, Amazon and Microsoft’s stock are still up just over +7% in 2024 with both companies recently exceeding their quarterly earnings expectations.Image Source: Zacks Investment ResearchCloud ComparisonAlthough ...