5 Best Tech Stocks to Buy According To Billionaire Laffont

2. Microsoft Corporation (NASDAQ:MSFT)

Coatue Management’s Stake Value: $1.80 Billion
Percent of portfolio: 8.82%
Number of Hedge Fund Holders: 300

Microsoft Corporation (NASDAQ:MSFT) has always been known for gaining exposure in developing essential software used in various work environments. Microsoft Corporation (NASDAQ:MSFT) is up by more than 40% for the year, benefiting from the AI craze thanks to its $13 billion investment in AI startup OpenAI. 

Microsoft Corporation (NASDAQ:MSFT) also remains one of the best stocks to buy, according to billionaire Laffont, as it offers exposure to the burgeoning cloud computing space. In addition, Microsoft is one of the players in the gaming industry through Xbox. The company remains one of the beneficiaries of Artificial intelligence adoption in the gaming industry.

In the second quarter of 2023, Microsoft Corporation (NASDAQ:MSFT) stock was held by 300 hedge funds, valued at $69.79 billion, and Bill & Melinda Gates Foundation Trust was the most prominent stakeholder in the quarter with 39.26 million shares worth $13.37 billion. 

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