5 Best Stocks To Invest In Right Now According To Tech Billionaire

2. Microsoft Corporation (NASDAQ: MSFT)

The technology giant Microsoft (NASDAQ: MSFT) is one of the best stocks to invest in according to the tech billionaire. The firm first initiated a stake in the technology giant in the fourth quarter of 2016 when shares were trading around $80. In addition, the tech hedge fund has raised its stake in Microsoft in the latest quarter to 11.41 million shares valued at $2.4 billion.

Microsoft is one of the most favorite stocks of hedge funds. MSFT ranks #2 among the 30 most popular stocks among hedge funds, according to Insider Monkey data.

Amana Mutual Funds is bullish on Microsoft for the following reason:

“Microsoft has done an excellent job building its Azure cloud services business, while we believe a strong period of semiconductor demand will arrive in the new decade supporting Microchip and Taiwan Semiconductor. Whether the rally starts in 2020 or 2021 remains to be seen but recent signs have been positive.”