5 Best Strong Buy Stocks To Invest In

1. Microsoft Corporation (NASDAQ:MSFT)

Average Upside Potential as of March 20: 4.21%

Number of Hedge Fund Holders: 259

259 hedge funds held stakes in Microsoft Corporation (NASDAQ:MSFT) at the end of Q4 2022. The total value of these stakes amounted to $58.6 billion. As of December 31, Bill & Melinda Gates Foundation Trust is the most prominent shareholder in the company and has a stake worth $9.41 billion.

Microsoft Corporation (NASDAQ:MSFT) has received 26 Buy ratings and 4 Hold ratings from Wall Street analysts over the past 3 months. The stock holds a consensus Strong Buy rating and has an average price target of $291.74, which represents an upside of 4.21% from its share price on March 20. Microsoft Corporation (NASDAQ:MSFT) is the best Strong Buy stock to buy now according to analysts and hedge funds.

This March, Mizuho analyst Gregg Moskowitz raised his price target on Microsoft Corporation (NASDAQ:MSFT) to $315 from $300 and maintained a Buy rating on the shares.

Here is what Ariel Investments had to say about Microsoft Corporation (NASDAQ:MSFT) in its Q4 2022 investor letter:

“Enterprise software provider Microsoft Corporation (NASDAQ:MSFT) also traded lower, as higher interest rates and economic concerns have created headwinds for growth-oriented technology companies. We believe this price action runs counter to Microsoft’s solid fundamentals, competitive positioning and long-term business outlook. We continue to anchor on the company driving value creation by capitalizing on a broad and deep set of opportunities, most notably within hybrid cloud infrastructure. The platform continues to demonstrate share gains and strong multi-year purchase intent as enterprises transition to cloud based platforms. At current trading levels, we believe Microsoft’s risk/reward is skewed to the upside.”

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