Does Microsoft Corporation (MSFT) Have a High Risk/Reward Potential?

Ariel Investments, an investment management company, released its “Ariel Global Fund” first-quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the Ariel Global fund traded +4.19% higher, trailing the +7.31% return of the MSCI ACWI Index and outperforming the MSCI ACWI Value Index’s +1.24% gain. Utilities holdings and lack of exposure to Energy were the sources of positive performance in the quarter, while Information Technology and...