15 Dow Stocks Listed and Ranked By 2022 Hedge Fund Bullishness Index

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 259

Technology conglomerate Microsoft Corporation (NASDAQ:MSFT) was the second favorite stock to hold among hedge funds according to data compiled by studying the portfolios of 900+ elite hedge funds. At the close of March, 259 hedge funds owned $65.6 billion worth of positions in the company, compared to 262 funds with $75.7 billion worth of stakes a quarter earlier. TCI Fund Management, Arrowstreet Capital and Fisher Asset Management all held multi-billion dollar stakes in Microsoft Corporation (NASDAQ:MSFT) during the first quarter of 2022.

Here is what investment firm Baron Funds had to say about Microsoft Corporation (NASDAQ:MSFT) in its Q1 2022 investor letter:

“Shares of mega-cap software company Microsoft Corporation (NASDAQ:MSFT) pulled back with the broader software sector. The company posted another solid quarter, highlighted by total revenues increasing 20% and Microsoft Cloud revenues, now 45% of total revenues, growing 32%. These results were driven, in large part, by strong demand for large Azure contracts. We believe Microsoft can compound revenue in the low double digits for the next three years, underpinned by its expansion in its total addressable market and market share gains.”

 

You can also take a look at 10 Best Education Stocks To Buy Now and 15 Best E-Commerce Stocks To Buy Now.

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