5 Best Video Conferencing Stocks to Invest In

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 300

One of the largest technological firms in the world, Microsoft Corporation (NASDAQ:MSFT) ranks 1st in our list of best video conferencing stocks to invest in. Headquartered in Redmond, Washington, Microsoft Corporation (NASDAQ:MSFT) has a market capitalization of $2.44 trillion. Satya Nadella-led Microsoft Corporation (NASDAQ:MSFT) rolled out Microsoft Teams in 2017 as a video conferencing tool globally. This year, Teams reported 280 million monthly active users while Microsoft Corporation (NASDAQ:MSFT) posted revenue of $56.2 billion in fiscal Q4, up 8% and 10% in constant currency. The company reported EPS of $2.69, up from $2.55 in analysts’ expectations.

Out of 910 hedge funds profiled by Insider Monkey at the end of Q2, 300 had a stake in Microsoft Corporation (NASDAQ:MSFT). Bill & Melinda Gates Foundation Trust was the biggest shareholder which owned 39.3 million shares of Microsoft Corporation (NASDAQ:MSFT), valued at $13.4 billion.

Disclosure: None. You can also take a look at 12 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds and 12 Best Booming Stocks to Buy Now According to Hedge Funds.

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