5 Most Promising Long-Term Stocks According to Analysts

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 259

One-Year Average Price Estimate: $285.89

It seems Microsoft Corporation (NASDAQ:MSFT) is just getting started in the AI game and in the next few years the company could be the trademark name in the AI industry. Recently, Microsoft Corporation (NASDAQ:MSFT) revealed that it has crossed 100 million Daily Active Users of Bing. This comes after Microsoft Corporation (NASDAQ:MSFT) launched AI assistant features for its Bing search engine.

Artisan Global Opportunities Fund made the following comment about Microsoft Corporation (NASDAQ:MSFT) in its Q4 2022 investor letter:

“We ended our investment campaigns in Microsoft Corporation (NASDAQ:MSFT), Koninklijke DSM and Generac during Q4. We have witnessed a buildup of different headwinds for Microsoft throughout the year, most notably a slowdown in its cloud computing business, Azure. With an outlook of further slowdowns in key business segments, we believe our original thesis has run its course and decided to upgrade the capital to higher conviction holdings within software.”

You can also take a peek at 12 Small Cap Stocks with Insider Buying and 12 Best EV Stocks To Buy For 2023.

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