5 Best Long-term Growth Stocks for Strong Returns

Page 5 of 5

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 259

Microsoft Corporation (NASDAQ:MSFT) ranks #1 on our list of 11 Best Long-term Growth Stocks for Strong Returns given 259 hedge funds in our database owned shares of the tech giant at the end of Q4. In terms of tech companies, Microsoft Corporation (NASDAQ:MSFT) is arguably one of the highest quality blue chips given its substantial free cash flow, its leading position in enterprise software, and also its growing cloud business. Furthermore, Microsoft Corporation (NASDAQ:MSFT) potentially benefits from growth in AI given its $11 billion total investment in OpenAI which makes the popular app, ChatGPT. Although ChatGPT makes mistakes, the app is one of the fastest growing consumer apps in history.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a look at 10 Best Stocks to Buy for Investment and 10 Most Advanced Countries in Nuclear Fusion.

Page 5 of 5