Why Microsoft Could Be The Perfect Stock For Income Investors Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More...) It is becoming increasingly easy to find tech stocks that are trading at value stock levels. Major tech companies used to regularly trade at a premium to other stocks, but now many can be had for single digit PE ratios, while the S&P 500 Index trades for about 14 times earnings. The tech stocks that appear to faring the worst are the ones with strong links to PCs . That is because PC sales have been weak and are likely to remain impacted by the growth in tablets, which is currently being dominated by the Apple ( AAPL ) iPad. That dynamic is not going to change soon, so the PC industry is not a very exciting area to invest in right now. This is why one of the world's largest PC- maker , Hewlett Packard ( HPQ ), is trading near 52-week lows and for just about 4 times earnings. As a leading chipmaker to the PC industry, Intel ( INTC ) is also trading near 52-week lows. Dell ( DELL ) and Advanced Micro Devices ( AMD )