5 Best Machine Learning Stocks to Invest In

1. Microsoft Corporation (NASDAQ: MSFT)

Number of Hedge Fund Holders: 251

Microsoft Corporation (NASDAQ: MSFT) is one of the biggest technology companies operating globally, with machine learning and AI being a vital part of most of its products, include Bing, Microsoft Office, Windows, and even Xbox games. The company ranks 1st on our list of the best machine learning stocks to invest in.

This June, Jefferies analyst Brent Thill raised his price target on Microsoft Corporation (NASDAQ: MSFT) shares from $290 to $310, keeping a Buy rating on the stock as well.

In the fiscal third quarter of 2021, Microsoft Corporation (NASDAQ: MSFT) had an EPS of $1.95, beating estimates by $0.17. The company’s revenue was $41.71 billion, up 19.09% year over year and beating estimates by $852.09 million. Microsoft Corporation (NASDAQ: MSFT) has gained 29.84% in the past 6 months and 29.04% year to date.

As of the end of the first quarter of 2021, 251 hedge funds out of the 866 tracked by Insider Monkey held stakes in Microsoft Corporation (NASDAQ: MSFT) worth roughly $58.9 billion. This is compared to 258 hedge funds in the previous quarter with a stake value of about $52.8 billion.

You can also take a peek at 15 Most Valuable Technology Companies in the World and 10 Emerging Energy Technologies You Can Invest In Today.

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