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Tech stocks today helped lower the Dow Jones – but a couple of them are still "Buys."
Money Morning Defense & Tech Specialist Michael A. Robinson told viewers on FOX Business' "Varney & Co." that MSFT stock is still a long-term buy. Microsoft, he said, is shifting focus to cloud computing, which is on its way to becoming a $270 billion market.
"This is a company that's in transition as they move from standard software sales to the cloud, so there's going to be some bumpy periods," Robinson said.
Robinson also has another winner, plus a stock that shouldn't be touched…
To see Robinson's rundown of tech stocks today (and one construction stock), check out his appearance below:
Microsoft isn't the only company seizing a new opportunity… another giant is moving production to a country with a budding tech industry. Here's how this chip maker's new move will pay off huge…