5 Best Reddit Stocks According to Billionaires

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Billionaire Investors: 34

Microsoft Corporation (NASDAQ:MSFT) tops our list of the best Reddit stocks to buy according to billionaires. Out of the 910 hedge funds tracked by Insider Monkey, 306 hedge funds had stakes in Microsoft Corporation (NASDAQ:MSFT). Our data shows that 34 of these funds were led or founded by billionaires.

Here is what White Brook Capital has to say about Microsoft Corporation (NASDAQ:MSFT) in its Q3 2023 investor letter:

“The magnificent seven, that underpin the S&P 500 performance, which includes Microsoft Corporation (NASDAQ:MSFT), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth. Small and midcap stocks, on the other hand, have been systemically penalized by fears of recession and continue to price that eventuality even as significantly better outcomes have become more probable. Today, it’s relatively easy to find attractive investments in this segment.”

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the 10 Reddit Stocks with Biggest Upside and the 12 Best Reddit Stocks To Buy Now.

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