5 Best Blue Chip Stocks to Buy According to Hedge Funds

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 259

Microsoft Corporation (NASDAQ:MSFT) ranks #1 on our list of 10 Best Blue Chip Stocks to Buy According to Hedge Funds given 259 hedge funds in our database owned shares of the software company at the end of Q4. Although AI is still flawed in many instances, OpenAI’s ChatGPT is wildly popular and demand for the chatbot has grown substantially. Given it reportedly owns 49 percent of OpenAI, Microsoft Corporation (NASDAQ:MSFT) has incorporated ChatGPT into Bing and the company will incorporate AI into many of its products in the future as well. With more AI products, Microsoft Corporation (NASDAQ:MSFT)’s products could be more useful, and the company’s cloud division could also benefit from more processing demand.

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