5 Most Owned Stocks by Hedge Funds Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 302

A $500 price target and Buy rating were maintained on Microsoft Corporation (NASDAQ:MSFT) on March 15 by DA Davidson analysts.

Microsoft Corporation (NASDAQ:MSFT) was seen in the portfolios of 302 hedge funds in the fourth quarter, with a total stake value of $87.3 billion.

Based in Redmond, Washington, Microsoft Corporation (NASDAQ:MSFT) is a systems software company. It develops and supports software, services, devices, and solutions.

Carillon Tower Advisers said the following about Microsoft Corporation (NASDAQ:MSFT) in its fourth-quarter 2023 investor letter:

“Microsoft Corporation (NASDAQ:MSFT) performed well after reporting strong earnings supported by accelerated growth from Azure. The cloud business is seeing consistent trends from optimization while AI has contributed strongly to its growth.”

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See also 11 Best Artificial Intelligence Stocks Under $20 According To Hedge Funds and 12 Stocks Most Bought By Hedge Funds.

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