Tech is getting killed again today… NASDAQ (Tech heavy index) is down 2% this AM.
We think this makes for another great buying opportunity as not many people think this tech rally is over. Who are we looking at then? How about Microsoft… You know what they do, but how about some recent headlines..
1) They are still in the running for a deal with Tik Tok.. This would be a huge expansion on their end, where before they are focused on software and their cloud, Azure, but now they would be targeting the consumer directly.
2) The Pentagon said it will stick with Microsoft for a $10B dollar JEDI cloud contract. *Angry Jeff Bezos noises*… This cloud contract is meant to modernize the Pentagon’s large IT infrastructure and could be valued up to $10B for services over 10 years.
– Also, JEDI is a pretty hype name it stands for Joint Enterprise Defense Infrastructure.
Buying Microsoft below $210 is a bargain… Snag it before it climbs back