12 AI Stocks Making Waves Today

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On April 30, Scotiabank analyst Patrick Colville maintained a Buy rating on the stock and set a price target of $470.00. A few days prior, Goldman Sachs also reiterated the stock as “Buy,” stating that Microsoft is well-positioned for AI ahead of its earnings report on April 30.

“We reiterate our Buy rating while lowering our PT to $450 ($500 prior) as we mark-to-market our multiples.”

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