5 Best Stocks To Invest In Right Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 269

Founded in 1975, Microsoft Corporation (NASDAQ:MSFT) is an American-based multinational tech corporation. It develops and licenses software for consumers and enterprises. The company’s operations are mainly divided into three segments: productivity and business processes, intelligence cloud, and personal computing.­

On October 26, 2022, Keith Bachman, an analyst at BMO Capital, reduced his price target on Microsoft Corporation (NASDAQ:MSFT) to $270 while keeping an Outperform rating on the stock. According to the analyst, the company’s Q1 results were below expectations. The analyst still believes that several segments of the company, including Microsoft Azure, LinkedIn, Dynamics, Office, and Gaming, are well positioned, and the conditions of the PC market will normalize soon.

As per Insider Monkey’s database, 269 hedge funds had stakes in Microsoft Corporation (NASDAQ:MSFT) at the end of the third quarter. Bill & Melinda Gates Foundation Trust remained the leading stakeholder in the company at the end of Q3 2022.

You can also take a look at 13 Biggest Meat Processing Companies in the US and 16 Large-Cap Stocks with Insider Buying.

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