13 Best Big Data Stocks to Buy According to Analysts

10. Microsoft Corporation (NASDAQ:MSFT)

Upside Potential: 39.72%

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) is a significant player in the big data space because of its comprehensive offerings and role in the broader data ecosystem. Microsoft’s Azure is one of the leading cloud computing platforms, and it plays a major role in big data analytics. Azure provides a variety of tools and services that help organizations store, process, and analyze vast amounts of data. The tech giant’s Power BI is a business analytics tool that helps organizations visualize and share insights from their data. It can connect to a wide variety of data sources, including big data platforms, and is used to analyze and make sense of large datasets.

Microsoft Corporation (NASDAQ:MSFT) posted a revenue of $69.6 billion, up 12% year-over-year for the second quarter of its fiscal year 2025, driven by Azure. Revenue from the cloud platform hit $40.9 billion, a 21% increase year-over-year. However, over the past six months, the company has canceled data center projects totaling 2 gigawatts of electricity capacity in the U.S. and Europe, according to a report by Bloomberg. This decision stems from an oversupply of data center capacity relative to its demand forecasts, leading to a reduction in support for additional training workloads from partners like OpenAI. That said, Azure is likely to continue to grow. The rise of IoT and real-time data processing is pushing demand for edge computing, and Azure is investing in this area. Azure’s Edge services, combined with AI and machine learning at the edge, are allowing businesses to process data closer to where it’s generated, improving latency and efficiency.