Joel Greenblatt’s Top 5 Stock Picks

3. Microsoft Corporation (NASDAQ: MSFT)

The technology giant Microsoft Corporation (NASDAQ: MSFT) has generated robust returns for shareholders in 2020 in the form of dividends and share price appreciation. It is the third-largest stock holding of Joel Greenblatt’s portfolio. Moreover, shares of MSFT accelerated the upside momentum into 2021, thanks to expectations for double-digit revenue growth trends. MSFT is up 74% over the last 12 months.

Bretton Fund, which returned 11.52% for the fourth quarter, highlighted a few stocks including Microsoft in an investor letter. Here is what Bretton Fund stated:

“Microsoft’s stock also had a great year, returning 42.4% on increased earnings per share of 30%. The main driver of their growth in recent years is their cloud computing business, and while it did see a bump in demand as office workers went remote, most of the growth is from the continued shift of corporate computing systems to “the cloud.” We think this shift is still in its early stages.”