5 Recession-Proof Stocks Billionaires Are Loading Up On

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Billionaire Investors: 33

Microsoft Corporation (NASDAQ:MSFT) is one of the top recession-proof stocks. Microsoft Corporation (NASDAQ:MSFT) has already gained about 40% year to date. Microsoft Corporation (NASDAQ:MSFT)’s lead in the AI race, its Cloud computing business expansion and enterprise software dominance make it one of the safest stocks to invest in. Microsoft Corporation (NASDAQ:MSFT) is also the most popular stock among the elite hedge funds tracked by Insider Monkey. As of the end of the first quarter of 2023, 289 hedge funds had stakes in Microsoft Corporation (NASDAQ:MSFT). One of the biggest stakeholders of Microsoft Corporation (NASDAQ:MSFT) during this period was TCI Fund Management of Chris Hohn with a $4.4 billion stake.

You can also take a peek at 12 Best NASDAQ Stocks Under $20 and 10 Best Artificial Intelligence Stocks Under $10.

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