Billionaire Ken Fisher’s Top 13 Growth Stock Picks

3. Microsoft Corporation (NASDAQ:MSFT)

Fisher Asset Management’s Equity Stake: $11.90 Billion

Number of Hedge Funds Holding Stakes: 317

Microsoft Corporation (NASDAQ:MSFT) is a technology company that develops and licenses software, services, and hardware. The company has also invested significantly in artificial intelligence as it looks to accelerate growth on its cloud unit Azure and search engine Bing. The investments are already bearing fruit as the annual revenue run rate of $13 billion is already up 175% for the current fiscal year, surpassing expectations.

In its fiscal second quarter for fiscal 2025, Microsoft Corporation (NASDAQ:MSFT) delivered a 12% year-over-year revenue increase to $69.6 billion as net income rose 10% to $24.1 billion. The cloud business is increasingly playing a central role in driving growth as revenue under the intelligent cloud segment grew 21% to $40.9 billion. The unit got a boost of 13%, based on the fast-growing demand for AI applications that the company offers.

Microsoft Corporation (NASDAQ:MSFT) is positioned for sustained growth as cloud adoption accelerates and AI integration expands across all the product suites. Sales of cloud computing are expected to climb at a rate of 21% per year through 2030, while sales of enterprise software are expected to grow at a rate of 12% per year. With that, Microsoft has a good chance of increasing its earnings by double digits by the end of the decade. Analysts expect Microsoft’s earnings to grow at 13% annually through fiscal 2026.