5 Return-to-Office Stocks to Buy in 2022

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 262

Microsoft Corporation (NASDAQ:MSFT) is a tech-giant boasting a suite of enterprise products including the Microsoft 365 for Enterprise, which encourages productivity by offering a range of apps, enterprise services, and cloud-based products. Its Windows operating system is the most widely used operating system in the world. Demand for Microsoft Corporation’s (NASDAQ:MSFT) products has remained strong and robust and is expected to stay the same for years to come, making it the number 1 return-to-office stock to buy in 2022.

On April 26, 2022, Microsoft Corporation (NASDAQ:MSFT) reported earnings for the fiscal third quarter of 2022 in which it beat both EPS and revenue estimates. The company reported earnings per share of $2.22, and beat estimates by $0.02. Microsoft Corporation (NASDAQ:MSFT) generated quarterly revenues of $49.36 billion, up 18.35% year over year, and beat revenue estimates by $311.18 million. Shortly after, Citi analyst Tyler Radke raised his price target on Microsoft Corporation (NASDAQ:MSFT) to $364 from $355 and maintained a Buy rating on the shares.

Hedge funds are betting big on Microsoft Corporation (NASDAQ:MSFT). At the close of the fourth quarter of 2021, 262 hedge funds were long Microsoft Corporation (NASDAQ:MSFT) with stakes worth $75.66 billion. This is compared to 250 hedge funds in the preceding quarter with stakes of $65.87 billion. The hedge fund sentiment for the stock is positive.

As of the end of last December, Ken Fisher’s Fisher Asset Management is the top stakeholder in Microsoft Corporation (NASDAQ:MSFT) having stakes worth $9.02 billion in the tech giant.

Here is what Motiwala Capital had to say about investing in Microsoft Corporation (NASDAQ:MSFT) in its fourth-quarter 2021 investor letter:

“Microsoft (NASDAQ:MSFT) re-enters our portfolio after a long gap. MSFT sells enterprise and consumer software products as well as hardware products such as the Xbox video game console and Surface laptops. All business segments experienced double-digit revenue growth and earnings per share have compounded in the mid-double digits over the last 5 years. We believe MSFT continues this momentum in the years ahead.”

You can also look at 10 Best Data Center Stocks To Buy Now and 10 Best Data Stocks to Buy Now.

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