5 Best Stocks to Buy Now According to Billionaire Chris Rokos

04. Microsoft Corporation (NASDAQ:MSFT)

Rokos Capital Management’s Stake Value: $68.183 million

Rokos Capital Management’s 13F Portfolio: 1.99%

Number of Hedge Fund Holders: 258

Founded in 1975, Microsoft Corporation (NASDAQ:MSFT) is a Redmond, Washington-based multinational technology corporation with a $1.97 trillion market capitalization. During Q2, Rokos reduced his stake in MSFT by 34%, holding 265,534 of its shares worth roughly $68.183 million.

In its Q2 2022 investor letter, Baron Durable Advantage Fund mentioned Microsoft Corporation (NASDAQ:MSFT) and explained its insights for the company. Here is what the fund said:

“Shares of Microsoft Corporation, a leading global provider of software solutions, declined 16.6% in the quarter along with the broader software group as well as due to growing concerns of a potential macro-driven slowdown. This is despite the company posting strong quarterly financial results and successfully absorbing headwinds from the war in Ukraine. The company had 21% revenue growth, 23% operating income growth, and 35% growth in Microsoft Cloud (all year-over-year in constant currency), which now represents 47% of total revenues.

As discussed above, we continue to believe Microsoft remains a durable and growing business as companies across all industries look to digitally transform, taking advantage of the continuously expanding solution set Microsoft has to offer.”