5 Best Buy-the-Dip Tech Stocks According to Billionaire Ken Fisher

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 262

Fisher Asset Management’s 13F Portfolio: 5.06% 

Fisher Asset Management’s Stake Value: $8.59 billion

In the first quarter of 2022, Fisher Asset Management held 27.87 million shares of Microsoft Corporation (NASDAQ:MSFT) worth $8.59 billion, representing 5.06% of the portfolio’s total value and making it the firm’s biggest shareholder. This was an increase of 4% over the previous quarter where the fund held 26.84 million shares of the firm.

On May 13, Tigress Financial analyst Ivan Feinseth reiterated a ‘Buy’ rating on Microsoft Corporation (NASDAQ:MSFT) shares, saying he views the recent share price losses as a “major buying opportunity.” Growth in cloud is driving strong business performance, according to the analyst, who also sees Microsoft emerging as a big player in the gaming industry and expanding into the ‘metaverse’ with its acquisition of Activision Blizzard (NASDAQ:ATVI).

Popular hedge funds held major stakes in Microsoft Corporation (NASDAQ:MSFT) at the close of Q4 2021, with 262 reporting bullish bets on the company shares with an aggregate value of $75.7 billion.

Microsoft Corporation (NASDAQ:MSFT) reported its Q1 2022 earnings on April 26, and posted an EPS of $2.22, beating estimates by $0.02. The quarterly revenue stood at $49.4 billion, outperforming analysts’ forecasts by $311.2 million.

Investment firm Motiwala Capital talked about many stocks in its Q4 2021 investor letter, and Microsoft Corporation (NASDAQ:MSFT) was one of them. The fund said:

“Microsoft (NASDAQ:MSFT) re-enters our portfolio after a long gap. MSFT sells enterprise and consumer software products as well as hardware products such as the Xbox video game console and Surface laptops. All business segments experienced double-digit revenue growth and earnings per share have compounded in the mid-double digits over the last 5 years. We believe MSFT continues this momentum in the years ahead.”

You can also take a look at 15 Best Security Stocks to Buy Now and 25 Fastest Growing CIties In the US.

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