As a leader in the PC industry, Microsoft's (NASDAQ: MSFT) stock has not been unscathed through the market declines. The tech industry has been hit especially hard as rises in inflation have slowed consumer spending and led many households to trim their budgets. Considering the industry is expected to have a compound annual growth rate of 14.8% from 2022 to 2030, according to Grand View Research, Microsoft is in a solid position to see significant gains in the coming years.