5 Stocks to Buy Now According to James Katz’s Humankind Investments

2. Microsoft Corporation (NASDAQ:MSFT)

Humankind Investments’ Stake Value: $11,737,000
Percentage of Humankind Investments’ 13F Portfolio: 4.72%
Number of Hedge Fund Holders: 262

Microsoft Corporation (NASDAQ:MSFT) is a software and hardware company that creates, manufactures, and distributes products such as the Microsoft Office suite of productivity programs. James Katz’s investment firm owned 34,897 Microsoft Corporation (NASDAQ:MSFT) shares at the end of the fourth quarter of 2021.

On April 19, Citi analyst Tyler Radke decreased his price target on Microsoft Corporation (NASDAQ:MSFT) from $386 to $355 while maintaining a Buy rating. His objective was lowered to reflect slower PC growth and the addition of Nuance Communications, Inc. (NASDAQ:NUAN). Microsoft Corporation (NASDAQ:MSFT) acquired Nuance Communications, Inc. (NASDAQ:NUAN) on March 4.

Microsoft Corporation (NASDAQ:MSFT) was identified in the public stock portfolios of 262 hedge funds, up from 250 funds in the previous quarter, according to Insider Monkey’s Q4 data. Hedge funds had a total investment of $75.67 billion in the fourth quarter.

In its Q4 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’s results continued to be strong across the board, with total revenue growing 20% in constant currency, beating Street estimates by 3%; an acceleration in Commercial Cloud revenue to 34% constant-currency growth; operating margins expanding to just under 45%; earnings growth of 23%; and free cash flow growth of 30%. We believe the company is positioned to deliver 13% to 15% organic growth over the next three years, underpinned by total addressable market expansion and continued market share gains across its disruptive cloud product portfolio.”