In any case, MSFT and CRM shares are terrific longer-term bets for investors willing to embrace further volatility en route to normalizing inflation and peak interest rates. Despite their long-term tailwinds in the cloud, Microsoft (NASDAQ:MSFT) and Salesforce (NYSE:CRM) have felt the heavy impact of macro headwinds. I also see numerous scenarios where MSFT and CRM escape 2023 with gains.