5 Best Fast Money Stocks To Buy According To Hedge Funds

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 259

259 hedge funds disclosed having stakes in Microsoft Corporation (NASDAQ:MSFT) at the end of Q4 2022. The total value of these stakes amounted to $58 billion. As of December 31, Bill & Melinda Gates Foundation Trust is the largest shareholder in the company and has a stake worth $9.4 billion.

Karen Finerman likes Microsoft Corporation (NASDAQ:MSFT) and said that she is “going to stay long”. Karen Finerman is the co-founder  and CEO of Metropolitan Capital Advisors. She is one of the most prominent panelists and traders on Fast Money. As of April 12, Microsoft Corporation (NASDAQ:MSFT) has gained 21.03% over the past 6 months.

This April, Morgan Stanley reiterated an Overweight rating and its $307 price target on Microsoft Corporation (NASDAQ:MSFT). The stock is ranked high among the best Fast Money stocks to buy now according to hedge funds.

Diamond Hill Capital made the following comment about Microsoft Corporation (NASDAQ:MSFT) in its Q4 2022 investor letter:

“Other bottom contributors to return included railroad operator Union Pacific, software and IT services provider Microsoft Corporation (NASDAQ:MSFT), and banking and financial services company Truist Financial. Union Pacific and Microsoft, though among our bottom contributors, still contributed positively to performance in Q4 as their share prices rose 7% and 3%, respectively. Truist’s stock ended flat in Q4.”

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