5 Large-Cap Stocks to Buy According to Anand Parekh’s Alyeska Investment Group

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1. Microsoft Corporation (NASDAQ:MSFT)

Alyeska Investment Group’s Stake Value: $27 million
Percentage of Alyeska Investment Group’s 13F Portfolio: 0.31%
Number of Hedge Fund Holders: 238

Ranking 1st on our list of 10 large-cap stocks to buy according to Anand Parekh’s Alyeska Investment Group, Microsoft Corporation (NASDAQ: MSFT) focuses on the development, licensing, and support of software, services, devices, and solutions internationally. Microsoft Corporation (NASDAQ: MSFT) was incorporated in 1975 and is based in Redmond, Washington. Latest filings by Alyeska Investment Group reveal that the hedge fund owned 100,298 shares in the firm at the end of June 2021 that are worth $27 million, representing 0.31% of the portfolio. Alyeska Investment Group has expanded investment in the technological giant by 17% compared to the first quarter of 2021.

On September 17th, Tigress Financial raised Microsoft Corporation (NASDAQ: MSFT)’s target price from $303 to $366 with a Buy rating.

As of the second quarter, 238 hedge funds out of the 873 funds tracked by Insider Monkey held stakes in the company.

You can also read about 10 Best Tech Stocks to Buy Now According to Orkun Kilic’s Berry Street Capital and 9 Tech and Software Stocks to Buy According to Hamilton Helmer’s Strategy Capital.

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