4 Best Stocks to Buy Now According to This Under-the-Radar Value Investor

3. Microsoft Corp. (NASDAQ:MSFT)

AltaRock Partners’ Stake Value: $701,662,000

Percentage of AltaRock Partners’ 13F Portfolio: 21.65%

Number of Hedge Fund Holders (Q1): 260

Microsoft Corp. (NASDAQ:MSFT) was the second most popular stock at the end of March among the 912 hedge funds covered by Insider Money, with 260 funds disclosing a stake in the company.

Wedbush Securities analyst, Dan Ives, recently picked Microsoft Corp. (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), and Palo Alto Networks, Inc. (NASDAQ:PANW) as his top three tech stock picks going into the end of 2022. In his note, Mr. Ives noted:

“FAANG tech stalwarts and Redmond had solid earnings heard around the world (and the Street) as this key barometer of consumer and enterprise spending was a core catalyst for tech stocks in the green over the past month.”

Including Mr. Ives, 31 of the 33 analysts on Wall Street who cover Microsoft Corp. (NASDAQ:MSFT) currently have a ‘Buy’ or ‘Outperform’ rating on it with a consensus price target of $334.31, representing a 14% upside from the stock’s last closing price.