5 Best Stocks To Buy According To Terry Smith’s Fundsmith LLP

1. Microsoft Corporation (NASDAQ:MSFT)

Fundsmith LLP’s Stake Value: $3,392,728,000

Percentage of Fundsmith LLP’s 13F Portfolio: 9.37%

Number of Hedge Fund Holders: 250

Microsoft Corporation (NASDAQ:MSFT) is the largest holding in Fundsmith LLP’s Q3 portfolio, with the firm owning more than 12 million Microsoft Corporation (NASDAQ:MSFT) shares, worth $3.39 billion, representing 9.37% of the total investments. 

The EU approved Microsoft Corporation (NASDAQ:MSFT)’s $16 billion bid to acquire Nuance Communications, Inc. (NASDAQ:NUAN), a speech recognition and AI software company, which will be Microsoft Corporation (NASDAQ:MSFT)’s biggest acquisition after the tech giant purchased LinkedIn for $26.2 billion. The deal will help Microsoft Corporation (NASDAQ:MSFT) subsidiaries to expand their competencies into cloud services and the healthcare sector. 

SMBC Nikko analyst Steve Koenig initiated coverage of Microsoft Corporation (NASDAQ:MSFT) with an Outperform rating and a $410 price target on December 21, which represents a 28% upside from existing levels. The analyst stated that Microsoft Corporation (NASDAQ:MSFT)’s cloud services are expanding, which will be a solid growth catalyst for the firm.  

Microsoft Corporation (NASDAQ:MSFT) is a popular stock among the elite hedge funds tracked by Insider Monkey in Q3 2021, with 250 funds holding a bullish sentiment on the stock. 

Here is what ClearBridge Sustainability Leaders Strategy has to say about Microsoft Corporation (NASDAQ:MSFT) in its Q3 2021 investor letter:

“The Strategy modestly outperformed the benchmark; consistent with our fundamental approach that seeks balanced exposure to industries and the growth and value spectrum, performance was driven by companies from diverse sectors. Microsoft, which develops software including the Windows family of products, the Microsoft Office system and the Azure cloud platform, and is a leader in data protection and customer privacy as well as human rights and diversity, contributed strongly as earnings maintained positive sentiment. Microsoft is seeing a number of businesses reach a new, higher level of engagement, adoption and momentum.”

You can also take a look at 10 Value Stocks to Buy According to Billionaire Paul Tudor Jones and 10 Tech Stocks to Buy According to Billionaire Philippe Laffont.

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