Big market downturns can be some of the best times to buy stocks -- but there are caveats. However, strong companies can take advantage in downturns, emerging with even better growth prospects and market share on the other side. Microsoft's defensive capabilitiesThe reason investors can confidently buy Microsoft's stock, despite difficult economic headlines, is that it has some superior defensive qualities. Microsoft: Buy on the dipsBecause Microsoft has such highly defensive qualities, investors can feel safe buying shares in a downturn. That makes it a growth stock investors can buy and hold through any market downturn.
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