5 Stocks to Buy According to Mark McMeans’ Brasada Capital Management

2. Microsoft Corporation (NASDAQ:MSFT)

Brasada Capital Management’s Stake Value: $17,310,000
Percentage of Brasada Capital Management’s 13F Portfolio: 3.88%
Number of Hedge Fund Holders: 258

Brasada Capital Management reduced its position in Microsoft Corporation (NASDAQ:MSFT) by 5% or 3,253 shares. The hedge fund’s total holding of 67,400 shares was worth more than $17.31 million as of June 30. This represented 3.88% of its portfolio. According to our database, the number of long hedge fund positions in Microsoft Corporation (NASDAQ:MSFT) decreased to 258 at the end of the second quarter, compared to 259 in the previous quarter. Fisher Asset Management is Microsoft Corporation (NASDAQ:MSFT)’s largest shareholder, with shares worth $7.37 billion.

John DiFucci of Guggenheim initiated coverage of Microsoft Corporation (NASDAQ:MSFT) on August 11, assigning the stock a ‘Neutral’ rating and a $292 price target.

Here is what Carillon Tower Advisers said about Microsoft Corporation (NASDAQ:MSFT) in its Q1 2022 investor letter:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. Microsoft (NASDAQ:MSFT) reported positive results driven by personal computing strength, but analysts were especially positive on its growth outlook for its Azure cloud-computing services.”