5 Best Revenue Growth Stocks to Invest In

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 302

Quarterly Revenue Growth: 17.58%

Based in Redmond, Washington, Microsoft Corporation (NASDAQ:MSFT) is a leading technology company renowned for its diverse range of products and services. These offerings encompass operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools, and video games.

Microsoft Corporation (NASDAQ:MSFT) received accolades from Wall Street following its December quarter results announced on January 31, which surpassed expectations. The positive reception underscores the company’s increasing benefits from artificial intelligence, which are only beginning to unfold. Notably, AI played a pivotal role in driving a six-percentage-point growth for Azure in the quarter, resulting in a 30% overall growth rate, surpassing the company’s earlier guidance.

302 out of the 933 hedge funds part of Insider Monkey’s Q4 2023 database had bought and owned Microsoft Corporation (NASDAQ:MSFT)’s shares. Michael Larson’s Bill & Melinda Gates Foundation Trust was the biggest shareholder since it held $14.3 billion worth of shares.

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