Apple whipping boy Microsoft making a comeback

The Microsoft logo is seen at the Microsoft store in New York City.
Mike Segar | Reuters

After getting crushed by Apple in the smartphone and tablet market, investors haven't given much thought to Microsoft in the battle between the two technology bellwether stocks over the last decade.

In a reversal of roles, Microsoft's stock is up 7 percent in a month while Apple shares are down 9 percent. Microsoft is poised to surpass Apple in terms of year-to-date return this week.

Apple vs Microsoft, 1 Month

Source: FactSet

It's not a question of which is the better company but rather a decision between a stock priced for perfection and one where investors seem to be fearing the worst. The latter being Microsoft.