5 Best Forever Stocks To Buy Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306

Microsoft Corporation (NASDAQ:MSFT) is another big tech company on our list. It is based in Redmond, Washington.

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

A Buy rating and a $430 price target were maintained on Microsoft Corporation (NASDAQ:MSFT) by Joseph Bonner at Argus Research on December 5.

Claret Asset Management mentioned Microsoft Corporation (NASDAQ:MSFT) in its third-quarter 2023 investor letter:

“We have mentioned in the last letter that the “magnificent seven”, including Microsoft Corporation, dominated the performance of the S&P 500. We might have left you with the feeling that we are bearish because we don’t find the Magnificent 7 attractive. Let us make it clear: we are just not so pessimistic as to believe there are only 7 growth opportunities in the entire global equity market. In fact, we are optimists and think opportunity is abundant. Just not in everyone’s current 7 favorite stocks.”

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See also 15 Biggest Retirement Mistakes You Will Regret Forever and 12 High Growth Forever Dividend Stocks.

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