Market Wrap - Stock pick — Microsoft
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Graeme Franck from PSG Wealth Sandton chose Microsoft as his stock pick of the day.
In and amongst the whole GameStop uproar I'm going to go quite the opposite and be extremely boring, I'm going with possibly the most highest quality stock in the world which is Microsoft in our opinion. They came out with numbers at the back end of last week. People do seem to say that some of these technology stocks are expensive but they continue to beat earnings expectations. They continue to upgrade their guidance for the full year and whilst that's going on and they've got very strong tailwinds we would just stick to real quality counters like Microsoft.
In and amongst the whole GameStop uproar I'm going to go quite the opposite and be extremely boring, I'm going with possibly the most highest quality stock in the world which is Microsoft in our opinion. They came out with numbers at the back end of last week. People do seem to say that some of these technology stocks are expensive but they continue to beat earnings expectations. They continue to upgrade their guidance for the full year and whilst that's going on and they've got very strong tailwinds we would just stick to real quality counters like Microsoft.
