Goldman Sachs Tech Stocks: 10 Stocks to Buy

2. Microsoft Corporation (NASDAQ:MSFT)

Number of hedge fund owners – 279

Microsoft Corporation (NASDAQ:MSFT) is a global technology leader renowned for its extensive range of software products, hardware devices, and cloud services. The company’s offerings include the Windows operating system, Microsoft Office suite, Azure cloud computing services, Surface hardware products, and the Xbox gaming platform. Operating across various sectors, Microsoft serves both consumer and enterprise markets, maintaining a dominant position in the software industry.

In the second quarter of fiscal year 2025, Microsoft Corporation (NASDAQ:MSFT) reported revenue of $69.6 billion, marking a 12% year-over-year increase. The Intelligent Cloud segment, driven by Azure, contributed significantly to this growth. However, CFO Amy Hood noted challenges in non-AI Azure sales, attributing them to execution issues in the partner sales motion.

Analyst perspectives on Microsoft’s stock have been favorable with 95% of 57 analyst ratings suggesting a Strong Buy. D.A. Davidson analyst Gil Luria upgraded the stock to a ‘Buy’ rating, setting a price target of $450, which is over 17% higher than its current level. Luria highlighted Microsoft Corporation (NASDAQ:MSFT)’s limited exposure to consumer spending downturns and its disciplined capital expenditure approach as factors positioning it as a “key shelter in the storm” during economic uncertainties.

As of March 20, 2025, Microsoft’s stock is trading at $385.14, reflecting a slight decrease of 0.69% from the previous close.