5 AI Stocks Billionaires Are Crazy About

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Billionaire Investors: 34

Dollar Value of Billionaire Holdings: $40.258 billion

Microsoft Corporation (NASDAQ:MSFT) is one of the biggest tech companies in the world and manufactures and sells personal computer software systems, artificial intelligence tools, and applications.

On November 28, Microsoft Corporation (NASDAQ:MSFT) announced a quarterly dividend of $0.75, payable by March 14 to the shareholders of record on February 15. At the time of writing on December 8, the stock’s dividend yield was 0.80%.

Over the last three months, 36 Wall Street analysts covered Microsoft Corporation (NASDAQ:MSFT), and 35 kept a Buy rating on the stock. The average price target of $415.75 had an upside of 11.09% at the time of writing.

White Brook Capital Partners mentioned Microsoft Corporation (NASDAQ:MSFT) in its third quarter 2023 investor letter. Here is what it said:

“The magnificent seven, that underpin the S&P 500 performance, which includes Microsoft Corporation (NASDAQ:MSFT), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth. Small and midcap stocks, on the other hand, have been systemically penalized by fears of recession and continue to price that eventuality even as significantly better outcomes have become more probable. Today, it’s relatively easy to find attractive investments in this segment.”

Follow Microsoft Corp (NASDAQ:MSFT)

You can also look at the 10 Most Popular Technology Stocks Among Billionaires and the 12 Dow Stocks Billionaires Like The Least.

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