13 Most Promising Future Stocks to Buy Now

Page 12 of 12

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 312

Microsoft Corporation (NASDAQ:MSFT) is one of the most promising future stocks to buy now. On February 6, Barclays reiterated a Buy rating on Microsoft Corporation (NASDAQ:MSFT) and set a price target of $600.

In another development, Reuters announced on February 5 that Britain will work with Microsoft Corporation (NASDAQ:MSFT), experts, and academics for the development of a system that detects deepfake material online, marking a move to set standards that tackle deceptive and harmful AI-generated content. It added that although the circulation of manipulated material online has been around for decades, the rapid adoption and widespread use of GenAI chatbots have significantly increased both the realism and scale of deepfakes.

The framework would evaluate the use of technology to understand, detect, and assess harmful deepfake materials, irrespective of sources, through a testing of deepfake detection technologies against real-world threats such as fraud, sexual abuse, and impersonation.

Britain recently criminalized the creation of non-consensual intimate images, stating that work is underway on a deepfake detection evaluation framework that sets consistent standards for assessing detection tools and technologies. Technology Minister Liz Kendall said in a statement that:

“Deepfakes are being weaponised by criminals to defraud the public, exploit women and girls, and undermine trust in what we see and hear.”

Microsoft Corporation (NASDAQ:MSFT) develops and supports services, software, devices, and solutions. It operates through the Intelligent Cloud, Productivity and Business Processes, and More Personal Computing segments.

While we acknowledge the potential of MSFT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 12 of 12