The Nasdaq Just Hit Correction Territory: Buy This Unstoppable Stock at a Discount

Core Viewpoint - The Nasdaq Composite is officially in a correction, down over 13% from its all-time high, indicating a broader market sell-off affecting major tech stocks like Microsoft and Apple [1][2]. Company Analysis - Microsoft is highlighted as a compelling growth stock, currently priced at a P/E ratio of 30, which is below its 10-year median P/E of 32.5, suggesting it is undervalued compared to its historical average [7]. - The company has a diversified business model, engaging in hardware, software, and cloud services, and is heavily investing in AI to enhance efficiency and expand its offerings [8][9]. - Microsoft's revenue growth across all segments and margin expansion is notable, with significant increases in productivity and business processes, intelligent cloud, and personal computing revenues over the past fiscal years [10][11]. Financial Health - Microsoft maintains a strong balance sheet with more cash and short-term investments than long-term debt, allowing it to invest in growth opportunities without overextending financially [8][9]. - The company has a consistent dividend yield of 0.9% and has increased its payout for 15 consecutive years, providing a passive income opportunity for investors [16][17]. Investment Thesis - Investing in Microsoft during market corrections is seen as a strategic move, as the company is well-positioned to weather economic downturns due to its solid growth rate and diversified business model [12][15]. - The planned $80 billion investment in AI data centers and cloud applications is a significant commitment, but the demand for AI tools is expected to remain strong, mitigating risks associated with this spending [13][14].