5 Best Stocks to Buy According to Billionaire Chris Rokos

2. Microsoft Corporation (NASDAQ:MSFT)

Rokos Capital Management’s Stake Value: $124.768 million

Percentage of Rokos Capital Management’s Portfolio: 5.65%

Number of Hedge Fund Holders: 259

Microsoft Corporation (NASDAQ:MSFT) is another one of the Big Five tech names taking up a significant part of Rokos Capital Management’s portfolio. Out of the 912 hedge funds tracked by Insider Monkey, 259 were bullish on the company with a total value of $65.6 billion. In the previous quarter, 262 hedge funds had stakes worth $75.7 billion in Microsoft Corporation (NASDAQ:MSFT). Fisher Asset Management increased its position by 4% in the first quarter of 2022 and had the largest stake in the company, with 27.87 million shares worth $8.59 billion.

On June 3, BMO Capital analyst Keith Bachman maintained an Outperform rating on Microsoft Corporation (NASDAQ:MSFT) shares and kept a price target of $345. The company announced that FX is creating a much bigger hindrance in its progress than when the guidance for the June quarter was provided. The analyst believes it to be a neutral event and remains bullish on Microsoft Corporation (NASDAQ:MSFT).

Microsoft Corporation (NASDAQ:MSFT) exceeded its EPS and revenue estimates in the first fiscal quarter of 2022. The EPS was reported at $2.22, outperforming the $2.20 forecast. Similarly, the $49.36 billion revenue exceeded the estimates by $311.18 million.

Motiwala Capital mentioned Microsoft Corporation (NASDAQ:MSFT) in its fourth-quarter 2021 investor letter. Here is what it had to say:

“Microsoft (NASDAQ:MSFT) re-enters our portfolio after a long gap. MSFT sells enterprise and consumer software products as well as hardware products such as the Xbox video game console and Surface laptops. All business segments experienced double-digit revenue growth and earnings per share have compounded in the mid-double digits over the last 5 years. We believe MSFT continues this momentum in the years ahead.”