This Dominating Tech Stock’s Reign Come to an End?

In my Buy or Bye? series, I take a popular stock, strip away all the hype, and let you know whether you should buy now, buy later or buy never.

Today’s video showcases one of the most dominant players in the global tech space.

And “dominate” is no exaggeration…

This company’s stock price rose by 55% in 2021. Not only did this mark its ninth straight year with a double-digit gain, but the company briefly became the planet’s most valuable when it crossed $2 trillion in market capitalization.

And so the question on everyone’s mind is…

Although this software enterprise saw tremendous gains in 2021, I’m afraid 2022 may not be so kind.

With an 8% drop at the start of the year, the company saw its worst couple of weeks since the beginning of the pandemic.

Take a look at this headline from MarketWatch…

Is this sharp drop a sign of a decline in long-term growth?

Or is this bout of weakness an opportunity to get in on this leading tech stock at a cheaper price?

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