5 Best Active Stocks to Buy Now

In this article, we will take a look at the top 5 best active stocks to buy now. For a detailed analysis of these companies, go directly to the 10 Best Active Stocks to Buy Now.

5. Microsoft Corporation (NASDAQ: MSFT)

Number of Hedge Fund Holders: 258  

Microsoft Corporation (NASDAQ: MSFT) is a Washington-based technology firm founded by billionaire Bill Gates in 1975. It is placed fifth on our list of 10 best active stocks to buy now. The products offered by the business segment of the firm include Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype, among others. Microsoft is one of the largest technology companies in the world and has the company stock returned more than 32% to investors over the course of the past year. 

Microsoft Corporation (NASDAQ: MSFT) founder recently announced his divorce from wife Melinda Gates, sparking speculation around stocks owned by both through the Bill and Melinda Gates Foundation. Microsoft stock is one of the most active on the market. 

Out of the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in the firm with 23.3 million shares worth more than $5.2 billion.

Our calculations show that Microsoft Corporation (NASDAQ: MSFT) ranks 2nd in our list of the 30 Most Popular Stocks Among Hedge Funds.

In its Q1 2021 investor letter, Polen Capital, an investment management firm, highlighted a few stocks and Microsoft Corporation (NASDAQ: MSFT) was one of them. Here is what the fund said:

“We have written extensively about Microsoft in recent commentaries. It was our leading contributor last year and one of our largest weightings within the Portfolio. It continues to experience business momentum through several dominant, essential, and competitively advantaged businesses, like Office 365 and Azure. The markets it competes for are enormous, which gives the company the ability to compound at scale. In the past quarter alone, the company generated over $40 billion in revenue, representing a 17% growth rate. The inherent operating leverage in Microsoft’s business model continues and led to 34% earnings growth this past quarter. Despite the broad rotation we saw in the first quarter and Microsoft’s robust performance in 2020, we think its business fundamentals continue to exhibit strength, and the stock continues to reflect the fundamentals.”