The US stock market was choppy in the first half of May 2021. After hitting a record high on May 7th, the was S&P 500 has addressed fears related to rising inflation and tightening monetary policy.
However, this emotion-driven retreat provides the perfect entry point for retail investors to get into some fundamentally strong stocks, such as Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Bristol Myers Squibb (NYSE: BMY)that will benefit significantly from the structural tailwind in the reopening economy. All three companies have great cash flows, which makes these stocks very resilient in any market environment.
Microsoft has made itself almost irreplaceable in today’s world. In its third quarter (ended March 31), the company outperformed consensus estimates for revenue and earnings due to the continued strength of its cloud computing business, Microsoft Azure. it is…