15 Best Websites To Research Stocks

3. Seeking Alpha 

Seeking Alpha is a crowd-sourced company founded in Israel that offers financial commentary and analysis. Former Wall Street analyst David Jackson started the business in 2004. It is an equities research portal that features industry professionals’ research and articles on companies, exchange-traded funds, and investment strategies.

On June 11, Seeking Alpha reported that Microsoft Corporation (NASDAQ:MSFT) is seeing enormous growth tailwinds from the current GenAI boom. Over the last three-quarters, the company has grown its capex by more than 50% YoY revenue growth. CFA analyst Johnny Zhang is positive about Microsoft and believes that its revenue growth may be significantly boosted by faster-than-anticipated AI monetization. His optimistic thesis on the company, despite its premium price, was further strengthened by the recent strong Q3 FY2024 earnings reports. In Q3 FY2024, total revenue increased to 17% YoY from 7.1% YoY in Q3 FY2023.

According to Insider Monkey’s data, 293 hedge funds were Microsoft Corporation (NASDAQ:MSFT) at the end of Q1, compared to 302 funds in the prior quarter. The Bill & Melinda Gates Foundation Trust is the largest stakeholder in the company, with 36.50 million shares worth over $15.37 billion.

Baron Fifth Avenue Growth Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its first quarter 2024 investor letter:

“Our second largest purchase during the quarter was the software platform, Microsoft Corporation (NASDAQ:MSFT), which we continued to add to, after initiating a position in the fourth quarter of 2023. Microsoft continues to report strong quarterly results, with revenue growth of 16% year-over-year in constant currency thanks to better-than-expected demand in its intelligent cloud segment, which saw revenue growth of 19% year-over-year, driven by Azure growth of 28% with AI contributing 6pts to growth compared with 3pts in the prior quarter. While the adoption of GenAI remains in its early stages, Microsoft has disclosed positive initial data points with 53,000 Azure AI customers as of its December quarter up from 18,000 in the prior quarter, 1.3 million paid GitHub Copilot subscribers (up 30% sequentially) and more than 230,000 organizations who have used AI capabilities in the power platform (up 80% sequentially). Management also noted that large cloud optimizations that started a year or so ago have largely finished. Profitability also continues to be strong with 44% non-GAAP operating margins, which was 120bps better than expected.”