In this article, we discuss the 5 best tech stocks to buy according to Japanese billionaire Masayoshi Son. If you want to read our detailed analysis of these companies, go directly to the 10 Best Tech Stocks to Buy According to Japanese Billionaire Masayoshi Son.
5. Microsoft Corporation (NASDAQ: MSFT)
Number of Hedge Fund Holders: 251
Microsoft Corporation (NASDAQ: MSFT) stock has offered investors returns exceeding 33% over the course of the past twelve months. The company makes and sells different types of computer software, electronic devices, and other services worldwide. It is ranked fifth on our list of 10 best tech stocks to buy according to Japanese billionaire Masayoshi Son. SB Management is in possession of over 4.3 million shares in the software giant that are worth more than $1 billion, representing 6.6% of the investment portfolio.
On June 21, Microsoft Corporation (NASDAQ: MSFT) announced a new version of the Windows platform, one of the most popular operating systems globally. The new Windows 11 would be available for users by the holiday season this year.
Out of the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Microsoft Corporation (NASDAQ: MSFT) with 23.9 million shares worth more than $5.6 billion.
“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.”