5 Most Profitable Tech Stocks To Invest In

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Q4 2023 Hedge Fund Shareholders: 242

Latest Trailing 12 Month Net Income: $82.5 billion

Microsoft Corporation (NASDAQ:MSFT) is the biggest personal computing software company in the world and a key player in the enterprise computing industry as well. The firm is moving full steam ahead with diversifying its artificial intelligence portfolio in March 2024, with a latest deal seeing Microsoft Corporation (NASDAQ:MSFT) pay a cool $650 million to an AI startup for its software.

As of fourth quarter of 2023 end, 302 hedge funds out of the 933 covered by Insider Monkey’s research had held a stake in the firm. Microsoft Corporation (NASDAQ:MSFT)’s biggest hedge fund investor is Michael Larson’s Bill & Melinda Gates Foundation Trust as it owns $14.3 billion worth of shares.

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