BlackRock’s Latest Portfolio 2022: Top 5 Stock Picks

2. Microsoft Corporation (NASDAQ:MSFT)

BlackRock’s Stake Value: $161,477,322

Percentage of BlackRock’s 13F Portfolio: 4.35%

Number of Hedge Funds as of December 31: 262

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based tech giant that develops and sells consumer electronics, personal computers, and software. Microsoft Corporation (NASDAQ:MSFT)  owns the business and employment-oriented service, LinkedIn.

In a note issued to investors on May 13, Dan Ives at Wedbush highlighted the current market correction is not a repeat telecast of the dot-com bubble of the late 1990s. He expects the tech sector to be divided into “clear haves and have nots.” Ives sees some companies going away in the form of bankruptcy or mergers but sees the strongest companies come out of the ashes more robust than ever. After reaching out to numerous IT professionals across various fields, Ives still sees strong spending in areas like artificial intelligence, big data, cloud computing and cyber security. He wrapped up by saying that the revenue estimates of Microsoft Corporation (NASDAQ:MSFT) may require downward revisions due to the uncertain macroeconomic outlook, but the company does not offer more than a 10% downside from the current level.

Motiwala Capital mentioned Microsoft Corporation (NASDAQ:MSFT) in its investor letter for Q4 2021. Here’s what it said:

“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.”

A total of 262 funds held a stake in Microsoft Corporation (NASDAQ:MSFT) as of Q4 2021.