5 Stocks to Buy Now According to Joshua Pearl’s Hickory Lane Capital Management

3. Microsoft Corporation (NASDAQ:MSFT)

Hickory Lane Capital Management’s Stake Value: $7,231,000
Percentage of Hickory Lane Capital Management’s 13F Portfolio: 3.84%
Number of Hedge Fund Holders: 262

By the end of the fourth quarter of 2021, 262 hedge funds held stakes in Microsoft Corporation (NASDAQ:MSFT) worth $75.67 billion.

Wedbush analyst Daniel Ives decreased his price objective on Microsoft Corporation (NASDAQ:MSFT) from $375 to $340 on April 27, reflecting a lower multiple, but maintained an Outperform rating on the stock.

Hickory Lane Capital Management initiated a new stake in Microsoft Corporation (NASDAQ:MSFT) in the fourth quarter of 2021 by purchasing 21,500 shares of the tech behemoth, worth $7.23 million. Ken Fisher’s Fisher Asset Management is the biggest shareholder of Microsoft Corporation (NASDAQ:MSFT), with 26.84 million shares worth $9.03 billion.

In its fourth-quarter 2021 investor letter, Motiwala Capital mentioned Microsoft Corporation (NASDAQ:MSFT). Here is what the firm had to say:

“Microsoft (NASDAQ:MSFT) re-enters our portfolio after a long gap. MSFT sells enterprise and consumer software products as well as hardware products such as the Xbox video game console and Surface laptops. All business segments experienced double-digit revenue growth and earnings per share have compounded in the mid-double digits over the last 5 years. We believe MSFT continues this momentum in the years ahead.”