9 Trending AI Stocks Making Headlines Today

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On March 24, Jefferies reiterated the stock as “Buy”, stating that Microsoft is among the firm’s favorite large-cap stocks.

“Recent weakness has created attractive risk/reward.”

The analyst believes that Azure, Microsoft’s cloud computing platform, will continue to gain market share against competitor Amazon Web Services driven by artificial intelligence-powered growth. Microsoft 365 Commercial Cloud fundamentals also look strong. Furthermore, despite its ramp-up of AI investments, the company’s profit margins are anticipated to continue growing.

“MSFT’s margin in the mid-40s are still well above large cap peers in the mid 30s,”