Microsoft: Falling Knife or Once-in-a-Decade Buying Opportunity?

Microsoft stock has dropped 15% in June amid AI sector weakness and investor rotation, but the article argues it represents a buying opportunity rather than a falling knife. The company's strong AI business (growing at 123% annually), dominant cloud services (Azure up 40% YoY), and leadership in agentic AI position it well for long-term growth. Trading at 23x forward earnings, Microsoft's integrated software ecosystem and AI-enhanced products make it resilient against AI disruption concerns.