5 Best Stocks To Buy Before Recessions

Page 5 of 5

1. Microsoft Corp (NASDAQ:MSFT)

Number of Hedge Fund Investors: 306

Microsoft Corp (NASDAQ:MSFT) is among the most popular stock among the elite hedge funds tracked by Insider Monkey. It is also the biggest holding of the Goldman Sachs’ Defensive Equity ETF. What makes Microsoft Corp (NASDAQ:MSFT) a strong stock to buy before recessions is its huge penetration in the enterprise sector which makes its products indispensable for small businesses, offices and individuals. Microsoft Corp’s (NASDAQ:MSFT) huge investments in AI and its plans to revive search business are also expected to bear fruit in the coming years.

Madison Sustainable Equity Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2023 investor letter:

“Microsoft Corporation’s (NASDAQ:MSFT) sustainable scorecard was updated with an unchanged rating of Above Average. The company’s board has an official Environmental, Social, and Public Policy Committee in addition to the traditional Audit, Compensation, and Governance committees. For ten years, Microsoft has publicly released data measuring the diversity of its workforce. With the prominence of Artificial Intelligence (AI), the company has launched a 5-point blueprint for governing AI to address public policy and regulation. Environmentally, Microsoft has multiple programs to be carbon negative by 2030. The company has signed Purchase Power Agreements for carbon-free energy totaling 13.5 Gigawatts.”

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 13 Most Buzzing Stocks To Buy Now and the 13 Best Grocery Stocks To Buy Now.

Page 5 of 5