5 Best Artificial Intelligence Stocks To Buy Now

1. Microsoft Corporation (NASDAQ:MSFT)

Number  of Hedge Fund Holders (Q1): 259

Microsoft Corporation (NASDAQ:MSFT) is a multinational corporation that produces consumer electronics, computer software, and PCs. The company’s Azure AI platform is a substructure for developing comprehensive solutions for data and AI and has 95% penetration in Fortune 500 companies. Microsoft Corporation (NASDAQ:MSFT) is one of the biggest companies by revenue.

Microsoft Corporation (NASDAQ:MSFT) has increased its dividends for 20 consecutive years and has an FWD payout ratio of 24.39%. As of August 19, the company’s dividend yield is 0.87%, compared to the 1.37% sector average. The most recent quarterly dividend was declared on June 14 at $0.62 per share, payable on September 8 to the shareholders of record on August 18.

Here is what Carillon Tower Advisers had to say about Microsoft Corporation (NASDAQ:MSFT) in its Q1 2022 investor letter:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. Microsoft (NASDAQ:MSFT) reported positive results driven by personal computing strength, but analysts were especially positive on its growth outlook for its Azure cloud-computing services.”

You can also take a look at 10 Stocks To Buy According to William Von Mueffling’s Cantillon Capital Management and 10 Important Energy Stocks Making Moves After Earnings.

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