5 Best FAANG Stocks To Invest In

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306

Rishi Jaluria at RBC Capital holds an Outperform rating and a $450 price target on Microsoft Corporation (NASDAQ:MSFT) as of January 31.

There were 306 hedge funds long Microsoft Corporation (NASDAQ:MSFT) in the third quarter, with a total stake value of $72.2 billion.

Microsoft Corporation (NASDAQ:MSFT) is a systems software company. It is based in Redmond, Washington.

Madison Investments mentioned Microsoft Corporation (NASDAQ:MSFT) in its fourth-quarter 2023 investor letter:

“Microsoft Corporation’s (NASDAQ:MSFT) sustainable scorecard was updated with an unchanged rating of Above Average. The company’s board has an official Environmental, Social, and Public Policy Committee in addition to the traditional Audit, Compensation, and Governance committees. For ten years, Microsoft has publicly released data measuring the diversity of its workforce. With the prominence of Artificial Intelligence (AI), the company has launched a 5-point blueprint for governing AI to address public policy and regulation. Environmentally, Microsoft has multiple programs to be carbon negative by 2030. The company has signed Purchase Power Agreements for carbon-free energy totaling 13.5 Gigawatts.”

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See also 10 Best Long-Term Tech Stocks To Buy and 12 Best Tech Stocks To Buy According to Billionaire Ken Griffin.

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