10 Best Stocks to Buy Now For the Long Term

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1. Microsoft Corporation (NASDAQ:MSFT)

10-Year Sales Growth: 10.85%

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) is a leading multinational technology company that develops and supports a wide range of software, services, devices, and solutions. The company operates through three key segments including Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.

On March 20, Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on the stock. Feinseth emphasized that the company exercises its leadership in artificial intelligence, which has been boosted through its integration of OpenAI’s ChatGPT into products like Microsoft 365. This positions the company at the forefront of digital transformation, enhancing its competitive edge and driving revenue and cash flow growth.

The analyst also highlighted Microsoft Corporation’s (NASDAQ:MSFT) robust financial health, including a strong balance sheet and significant cash flow. This financial stability supports strategic acquisitions, innovation initiatives, and shareholder returns through dividends and share buybacks. The company’s AI-driven strategy is expected to create new business opportunities across its segments, further solidifying its market position and boosting long-term growth prospects. It is the best stock to buy now for long term.

While we acknowledge the potential of Microsoft Corporation (NASDAQ:MSFT) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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