5 Best Nancy Pelosi Stocks To Buy Now

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300

Microsoft Corporation (NASDAQ:MSFT) is another top stock in Nancy Pelosi and her husband’s portfolio. According to filings posted earlier this year, Paul Pelosi exercised 50 call options purchased 5/24/22 (5,000 shares) at a strike price of $180.

Microsoft Corporation (NASDAQ:MSFT) shares have gained about 54% year to date through November 12. As of the end of the second quarter of 2023, Microsoft Corporation (NASDAQ:MSFT) was the most popular stock among the 910 hedge funds tracked by Insider Monkey.

Here is what Baron Technology Fund has to say about Microsoft Corporation (NASDAQ:MSFT) in its Q3 2023 investor letter:

“Microsoft Corporation is the world’s largest software company. Microsoft was traditionally known for its Windows and Office products, but over the last five years, it has built an over $60 billion cloud business, including its Azure cloud infrastructure service and its Office 365 and Dynamics 365 cloud-delivered applications. The stock detracted from performance because Microsoft is the Fund’s largest holding and shares retreated 7.0% after strong first half performance. For the June quarter, Microsoft reported better-than-expected Azure results for the third straight period, highlighted by Azure revenue growing 27% in constant currency. Its computing division also beat expectations, with Windows revenue benefiting from an early back-to-school inventory build. Microsoft’s September quarter revenue guidance came in below Street expectations; however, with Azure effectively in line and demonstrating stabilization, but computing seeing the negative sequential impact of the pull-forward in back-to-school purchases. Looking at the big picture, Microsoft continues to execute at a high level, navigating a challenging macro backdrop while aggressively investing in long-term growth, and we remain confident that Microsoft is well positioned to leverage AI over the medium to long term as it infuses Open AI and other generative AI technologies across its entire product portfolio.”

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