5 Best Momentum Stocks to Buy Today

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Funds Investors In Q1 2023: 289

Topping our list of the best momentum stocks that hedge funds are buying is the mega cap technology giant Microsoft Corporation (NASDAQ:MSFT). The firm’s shares are rated a Strong Buy on average, and 27 out of 34 analysts have rated them Buy or better.

289 out of the 943 hedge funds polled by Insider Monkey had invested in the firm during Q1 2023. Microsoft Corporation (NASDAQ:MSFT)’s largest hedge fund investor is Michael Larson’s Bill & Melinda Gates Foundation Trust through holding a $11.3 billion stake.

Follow Microsoft Corp (NASDAQ:MSFT)

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