5 Best Motley Fool Stocks To Buy Now

4. Microsoft Corporation (NASDAQ:MSFT)

Motley Fool Asset Management’s Stake Value: $46,521,000 

Percentage of Motley Fool Asset Management’s 13F Portfolio: 4.37%

Number of Hedge Fund Holders: 258

On September 20, Microsoft Corporation (NASDAQ:MSFT) declared a quarterly cash dividend of $0.68 per share, up 10% from its prior dividend of $0.62 per share. The dividend is payable on December 8 to stockholders of record on November 17. As of October 7, the company is offering a forward dividend yield of 1.16% and has free cash flows of over $65 billion. Microsoft Corporation (NASDAQ:MSFT) is one of the best Motley Fool stocks to buy now.

On September 29, Raymond James analyst Andrew Marok resumed coverage of Microsoft Corporation (NASDAQ:MSFT) with a buy-side Outperform rating and his $300 price target. This September, Wells Fargo analyst Michael Turrin maintained his buy-side Overweight rating $350 price target on Microsoft Corporation (NASDAQ:MSFT).

At the close of Q2 2022, 258 hedge funds were long Microsoft Corporation (NASDAQ:MSFT) and held stakes worth $56 billion in the company. Of those, $46.5 million were of Motley Fool Asset Management. The investment covers 4.37% of the fund’s 13F portfolio.

Here is what Diamond Hill Capital Management had to say about Microsoft Corporation (NASDAQ:MSFT) in its second-quarter 2022 investor letter:

“The recent market environment has enabled us to initiate positions in some high-quality names that have sold off indiscriminately and are trading at prices we haven’t seen in quite some time. Microsoft Corporation (NASDAQ:MSFT) is one example. Microsoft’s stock price declined amid the broader selloff of technology companies. This presented an opportunity for us to purchase shares at an attractive discount to our estimate of the intrinsic value. We expect the business to continue generating strong revenue growth and benefiting from operating leverage. Microsoft’s cloud computing services business, Azure, is also generating robust growth, confirming its competitive positioning.”