Tiger Global’s 15 Long-Term Stock Picks

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. Tiger Global is bullish on the stock and has maintained a stake in the tech firm since late 2016. At the end of the third quarter of 2024, Microsoft was the second largest holding in the 13F portfolio of the fund. This stake comprised over 5.3 million shares worth close to $2.3 billion, representing 9.8% of the entire 13F portfolio. Back in 2016, Tiger Global had bought shares in the firm at an average price of $60.15. The stock is presently trading at over $440 per share.

Wall Street analysts echo the bullish sentiments of Tiger Global regarding Microsoft Corporation (NASDAQ:MSFT) stock. UBS recently raised the price target on the stock to $525 from $500 and kept a Buy rating on the shares. Given the new capacity will come on throughout the second half, it is more likely that the Azure acceleration is more back-end loaded, the advisory told investors in a research note. Microsoft sentiment is modestly improving but remains mixed, reflecting concerns about supply-related push-outs of the Azure acceleration, lack of conviction in the timing of capacity go-lives, weariness about elevated capex and uncertainty about how the OpenAI relationship will evolve, UBS added.

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