5 Best Investments for Beginners in 2024

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 302

Quarterly Revenue Growth: 17.03%

Based in Redmond, Washington, Microsoft Corporation (NASDAQ:MSFT) stands as a prominent American multinational corporation specializing in technology. Renowned for its Windows line of operating systems, the Microsoft 365 suite of productivity applications, and the Edge web browser, Microsoft holds a prominent position in the software industry.

As of March 26, analysts at Wedbush maintain an Outperform rating on Microsoft Corporation (NASDAQ:MSFT), setting a price target of $500.

Insider Monkey’s analysis of 933 hedge fund holdings for Q4 2023 revealed that 302 shareholders held stakes in Microsoft Corporation (NASDAQ:MSFT). Notably, Michael Larson’s Bill & Melinda Gates Foundation Trust emerged as the firm’s largest hedge fund shareholder, with holdings valued at $14.3 billion.

Disclosure: None. You can also take a look at the 11 Best Music Stocks to Invest In and 20 Countries That Produce the Most Gold in the World.

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