Jim Cramer and Ken Fisher Love These 5 Stocks

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1. Microsoft Corp (NASDAQ:MSFT)

Ken Fisher’s Stake: $10,908,153,229

Cramer is a big believer in Microsoft Corp (NASDAQ:MSFT) because of its AI potential. Recently he said there is “nothing better than Microsoft right now.” He also said you’ve got to “check that box” as his Charitable Trust has by owning a stake in Microsoft Corp (NASDAQ:MSFT). Cramer was surprised to see the stock’s underperformance after its earnings.

Recently, The Information reported that Microsoft Corp (NASDAQ:MSFT) is working on a new AI-model to compete with Google. This project is headed by Mustafa Suleyman, who co-founded DeepMind. Mustafa Suleyman was hired by Microsoft Corp (NASDAQ:MSFT) in March to run its new consumer AI unit.

Ithaka US Growth Strategy stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its first quarter 2024 investor letter:

“Microsoft Corporation (NASDAQ:MSFT) builds best-in-class platforms and provides services that help drive small business productivity, large business competitiveness, and public-sector efficiency. Microsoft’s products include operating systems, cross-device productivity applications, server applications, software development tools, video games, and business-solution applications. The company also designs, manufactures, and sells devices, including PCs, tablets, and gaming/entertainment consoles that all integrate with Azure, its cloud computing service. In the quarter Microsoft’s stock appreciated based on excitement surrounding the company’s positioning in the generative AI market and its ability to monetize the coming wave of corporate investment in supercomputing and AI, which will be through both Azure and Microsoft Copilot, the company’s new GenAI personal assistant.”

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