5 Most Undervalued Blue Chip Stocks to Buy According to Hedge Funds

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Investors In Q2 2023: 300

Share Price Upside: 20%

Microsoft Corporation (NASDAQ:MSFT) is another consumer technology behemoth. While NVIDIA is dominating the hardware end of the AI hype, Microsoft is one of the strongest players on the software side. It beat analyst second quarter EPS estimates by 14 cents and the shares are rated Strong Buy on average.

300 of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in Microsoft Corporation (NASDAQ:MSFT). Out of these, Michael Larson’s Bill & Melinda Gates Foundation Trust is the company’s largest stakeholder, courtesy of a $13.3 billion investment.

Follow Microsoft Corp (NASDAQ:MSFT)

Disclosure: None.  You can also take a look at Top 10 Stocks To Buy In 10 Different Sectors for the Next 3 Months and 15 Worst Performing Healthcare Stocks in 2023.

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