5 Large-Cap Stocks to Buy According to Matthew Tewksbury’s Stevens Capital

Page 1 of 5

In this article, we will discuss the 5 large-cap stocks to buy according to Matthew Tewksbury’s Stevens Capital. If you want to read our detailed analysis of Tewksbury’s history, investment philosophy, and hedge fund performance, go directly to the 10 Large-Cap Stocks to Buy According to Matthew Tewksbury’s Stevens Capital.

5. Microsoft Corporation (NASDAQ:MSFT)

Stevens Capital Stake Value: $11,760,000
Percentage of Stevens Capital’s 13F Portfolio: 3.44%
Number of Hedge Fund Holders: 238   

Microsoft Corporation (NASDAQ:MSFT), a global tech company based in the United States, has a bullish outlook from the analysts. On October 25, KeyBanc analyst Michael Turits boosted Microsoft’s (NASDAQ: MSFT) price objective to $365.00 (from $342.00) while maintaining an “Overweight” rating.

Microsoft Corporation (NASDAQ:MSFT) is the latest addition to Matthew Tweksbury’s portfolio, with Stevens Capital purchasing 43,410 shares for $11.76 million.

Microsoft Corporation (NASDAQ:MSFT) stands fifth on the list of 10 large-cap stocks to buy according to Matthew Tewksbury’s Stevens Capital. Stephen J. Errico’s Locust Wood Capital Advisers is the most significant stakeholder of the company, with 225,703 shares worth $63.63 million.

In its second quarter of 2021 investor letter, Baron Opportunity Fund mentioned Microsoft Corporation (NASDAQ:MSFT). Here is what the fund said:

“Shares of Microsoft Corporation, a cloud-software leader and provider of software productivity tools and infrastructure, rose during the quarter following a strong earnings report highlighting solid demand for its broad product stack and continued momentum migrating its business to the cloud. Microsoft was a top contributor in the period because it trades at reasonable free cash flow and earnings valuations, has cloud and digital transformation tailwinds at its back, reported a solid March quarter, and beat Street expectations by a wide margin. Microsoft’s results continued to be strong across the board, with Azure cloud computing revenues up 46% in constantcurrency (“cc”) terms and commercial cloud bookings growth of 38% cc, the best in years. Microsoft also reported robust profitability growth, with operating income expanding 31% and GAAP earnings up 45%. We believe the company is well positioned for continued solid growth and profitability through market share gains as more companies look to transform and digitize their businesses as they move operations to the cloud.”



Page 1 of 5