The Globe and Mail reports in its Monday, July 17, edition that Harbourfront Wealth Management co-founder Wes Ashton says Microsoft is good for investors with a 10-year or greater time horizon. The Globe's regular columnist Brenda Bouw writes that Mr. Ashton says: "We're in the early stages of the next technology wave as artificial intelligence (AI) and other innovations are expected to affect the broader economy and markets significantly. Microsoft has made promising inroads and investments in AI software. Consumers already use many Microsoft products in their daily lives and incorporating AI into them puts the company in a strong position to be one of the leaders in AI services. The company is also growth-oriented and aims to double its revenue to $500-billion (U.S.) by 2030. The company has plenty of free cash flow and resources it can deploy to help pursue growth opportunities. It's also focused on shareholder returns through dividends and share buybacks." Mr. Ashton says there is a near-term risk because the stock is trading near record highs. "We could see it give up some of its gains from earlier this year." Mr. Ashton says finding a "reasonable" entry point is key.