wagons circle: We're a Microsoft market, Dwane told Market Watch in a recent interview, according to Market Watch. It is the least affected by regulation and trade issues. MSFT, -1.30% as regulatory wagons circle around some popular names in the tech, internet and media space. And it just rewarded its faithful recently with an 11% dividend increase and the approval of a new 40 billion stock buyback program. That puts it right up there in the top ten with defensive names like Lockheed Martin LMT, -1.29%, Mastercard MA, -1.74% Costco COST, -0.80% and Starbucks SBUX, -1.59%. Amid growing concerns about the U.S. economy, defensive stocks have become popular this year, as they represent companies that offer services or products that are in demand through good and bad economic times. While Microsoft isn't one of the quarter's best performers, with a gain of just over 3%, it's the seventh best performer year to date with a 37% gain.
(news.financializer.com). As
reported in the news.
Tagged under wagons circle, offer services topics.