5 Best Software Stocks To Buy According To Billionaire Chase Coleman

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1. Microsoft Corporation (NASDAQ: MSFT)

Shares of the tech giant Microsoft Corporation (NASDAQ: MSFT) surged strongly last year and extended the upside momentum into 2021. The share price rally is completely backed by double-digit revenue and profit growth. MSFT is the second-largest stock holding of Chase Coleman’s portfolio at the end of the fourth quarter of 2020, representing 6.73% of the overall portfolio. It is ranked first in the list of 10 best software stocks to buy according to Chase Coleman.

Bretton Fund, which returned 11.52% for the fourth quarter, highlighted a few stocks including Microsoft in the Q4 investor letter. Here is what Bretton Fund stated:

“Microsoft’s stock also had a great year, returning 42.4% on increased earnings per share of 30%. The main driver of their growth in recent years is their cloud computing business, and while it did see a bump in demand as office workers went remote, most of the growth is from the continued shift of corporate computing systems to “the cloud.” We think this shift is still in its early stages.”

You can also take a peek at George Soros’ Top 10 Stock Picks and 15 Most Valuable Cloud Computing Companies.

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