10 AI Stocks Investors Are Watching Today

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On April 8, analyst Keith Weiss from Morgan Stanley maintained a “Buy” rating on the stock and has a $530.00 price target. Weiss’s buy rating stems from its strong positioning in the rapidly growing GenAI sector and leadership in cloud services. CIOs are continuing to choose Microsoft for cloud solutions despite macroeconomic uncertainties impacting IT budget growth expectations. The firm noted that 35% of CIOs expect the company to capture the biggest incremental share in GenAI spending by 2025. They continue to favor Microsoft’s cloud infrastructure and platform services, and it is a big player in the AI/ML space.