5 Best Human Resources Stocks To Buy Today

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 289

Microsoft Corporation (NASDAQ:MSFT) provides innovative software solutions, be it gaming, coding, computing, or cloud-based solutions. In June 2016, the company announced the acquisition of LinkedIn for around $26.2 billion. Over the years, LinkedIn has been able to connect companies and personnel globally. Be it staffing, industry news, or professional development, the platform has added tremendous value in promoting human capital. As of May 2023, the platform has over 930 million members. 

Recently, Meta Platforms, Inc. (NASDAQ:META) announced a collaborative venture with Microsoft Corporation (NASDAQ:MSFT) to launch an open source language model, Llama 2. Moreover, Microsoft Corporation (NASDAQ:MSFT) also set a monthly price of $30 for its AI tool, Copilot. Morgan Stanley analyst Keith Weiss commented on July 6 that he expects AI developments to boost the valuation for Microsoft Corporation (NASDAQ:MSFT) to over $3.1 trillion.

According to Insider Monkey’s first quarter database, Bill & Melinda Gates Foundation Trust held the largest position in Microsoft Corporation (NASDAQ:MSFT), with 39.2 million shares worth in excess of $11.3 billion. Overall, 289 hedge funds were bullish on the stock during the March quarter. 

The Ithaka Group had this to say about Microsoft Corporation (NASDAQ:MSFT) in its second quarter 2023 investor letter:

“Microsoft Corporation (NASDAQ:MSFT) builds best-in-class platforms and provides services that help drive small business productivity, large business competitiveness, and public-sector efficiency. Microsoft’s products include operating systems, cross-device productivity applications, server applications, software development tools, video games, and business-solution applications. The company also designs, manufactures, and sells devices, including PCs, tablets, and gaming/entertainment consoles that all integrate with Azure, its cloud computing service. In the quarter Microsoft’s stock appreciated on the back of excitement surrounding the company’s positioning in the generative AI market and its ability to monetize the coming wave of corporate investment in supercomputing and AI.”

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