Billionaire Ray Dalio’s Bridgewater Is Crazy About These 15 Stocks

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4. Microsoft Corporation (NASDAQ:MSFT)  

Bridgewater Associates’ Stake Value as of Q3: $374.4 million

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT), a global technology leader, specializes in productivity software, cloud services, and personal computing solutions.

The growing demand for artificial intelligence is fueling a surge in the data center market, where Microsoft Corporation (NASDAQ:MSFT) is well-positioned to capitalize on this trend. Moreover, in the healthcare sector, the company has partnered with Tevogen Bio to accelerate the target identification process for its oncology product, TVGN 920, utilizing Microsoft’s AI and cloud technologies.

In its Q1 FY2025 earnings report, Microsoft Corporation (NASDAQ:MSFT) posted strong results, with revenue increasing 16% year-over-year to $65.6 billion. Azure’s growth of 34% met expectations, although next-quarter guidance of 31%-32% fell slightly short, reflecting delays in data center capacity from third-party providers. Despite this, Azure’s consumption trends remain stable. Meanwhile, Microsoft’s AI segment is poised to exceed a $10 billion annual run rate in the next quarter, highlighting its expanding role in the AI industry.

On November 25, TD Cowen reaffirmed a Buy rating on Microsoft Corporation (NASDAQ:MSFT), maintaining a price target of $475. The update followed announcements at Microsoft’s Ignite conference, where the company unveiled approximately 80 new products and features, many focused on advancing AI capabilities, including innovative AI Agent functionalities.

Carillon Eagle Growth & Income Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its Q3 2024 investor letter:

“Microsoft Corporation (MSFT) traded lower following concerns about the sustainability of its data center buildout for generative artificial intelligence (AI). The company continues to show strong growth in its cloud segment, and management highlighted optimism surrounding demand signals.”

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