5 Best Technology Stocks to Buy According to Ian Simm’s Impax Management

Page 5 of 5

1. Microsoft Corporation (NASDAQ:MSFT)

Impax Management’s Stake Value: $766,003,000

Percentage of Impax Management’s 13F Portfolio: 3.16%

Number of Hedge Fund Holders (Q1): 259

Impax Management didn’t make any changes to its holding in tech giant Microsoft Corporation (NASDAQ:MSFT) during the second quarter and the company remained the fund’s top technology stock pick at the end of that period.

Microsoft Corporation (NASDAQ:MSFT) reported earnings per share and revenue numbers below the consensus analysts’ estimate on July 26, following which several analysts on the Street lowered their price target on the stock. This included analysts at Wedbush, who reduced it to $320 from $340, and analysts at Wolfe Research, who reduced it to $275 from $320.

You can also look at Simon Sadler’s Segantii Capital is Bullish on These 10 Stocks and Morris Mark’s Mark Asset Management Latest Portfolio: Top 10 Stock Picks.

Page 5 of 5