5 Best Stocks to Buy According to Thomas Bailard’s Hedge Fund

2. Microsoft Corporation (NASDAQ:MSFT)

Bailard Inc’s Stake Value: $121,619,000

Percentage of Bailard Inc’s 13F Portfolio: 4.78%

Number of Hedge Fund Holders (Q1): 259

Though Microsoft Corporation (NASDAQ:MSFT) was the second most popular stock at the end of the first quarter among 912 hedge funds we monitor, the aggregate value of their holdings in the company, worth over $65 billion, was more than $48 billion reported by the 271 funds that held a stake in Amazon.com, Inc. (NASDAQ:AMZN) during the same period.

For its second quarter, Microsoft Corporation (NASDAQ:MSFT) reported earnings per share of $2.23 on revenue of $51.87 billion. Analysts on Wall Street had projected the company to report earnings per share of $2.30 on revenue of $52.36 billion for that period.