Investors should think of Microsoft (MSFT) as a red-hot stock that trades at a stodgy multiple, Steven M. Sears writes in this week’s edition of Barron’s. The assertion seems insane when Microsoft’s stock is near a record high. But investors should consider the impact that artificial intelligence could have on Microsoft. Investors who followed a thematic approach in Amazon’s (AMZN) early trading days benefited greatly, to cite one example.
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