Key insights
- The author observes a recurring pattern of "haters" dismissing tech giants like Microsoft and Google, reminiscent of past sentiment shifts. This opinion piece suggests that such negative sentiment, often expressed by individuals who would otherwise buy the stock, may represent contrarian buying opportunities. However, the direct impact on near-term US equity market movements is neutral as it reflects sentiment rather than concrete economic data or policy shifts.
In the last couple of days, there have been so many Microsoft haters here telling that it is a dying company and that the stock will never reach $500 anytime soon.
This reminds me of this sub about 1,5 years ago when Google was $150 and everyone hated on the stock. I would even bet that these are the exact same people who are writing the comments.
They always like the company, would like to buy the stock, but something in their mind tells them not to... and then they regret it and jump to another undervalued stock and try to talk people out of buying it... never-ending cycle...