5 Tech Stocks to Buy According to Billionaire Stanley Druckenmiller

4. Microsoft Corporation (NASDAQ:MSFT)

Stanley Druckenmiller’s Stake Value: $219,246,000

Percentage of Stanley Druckenmiller’s 13F Portfolio: 7.11%

Number of Hedge Fund Holders: 250

Microsoft Corporation (NASDAQ:MSFT), a Big Five US tech firm offering consumer electronics, computer software, and related technology products and services, is one of the top tech stock picks of Stanley Druckenmiller from the third quarter, accounting for 7.11% of the billionaire’s 13F securities. Druckenmiller holds 777,689 Microsoft Corporation (NASDAQ:MSFT) shares, valued at $219.2 million. 

Microsoft Corporation (NASDAQ:MSFT) is a highly sought after stock among the smart money. A total of 250 hedge funds were bullish on Microsoft Corporation (NASDAQ:MSFT) as of Q3 2021, which is an increase compared to the preceding quarter, when 238 funds reported owning stakes in the company, as per Insider Monkey’s database of elite hedge funds. 

Microsoft Corporation (NASDAQ:MSFT) announced its Q3 earnings on October 26, posting an EPS of $2.27, beating estimates by $0.19. The quarterly revenue equaled $45.32 billion, surpassing revenue estimates by $1.33 billion. 

Michael Turrin from Wells Fargo stated on December 2 that Microsoft Corporation (NASDAQ:MSFT), despite its massive scale of operations, has room for potential growth via Dynamics 365, Power Platform, and Power Automate. He kept an Overweight rating on the stock. 

Ken Fisher’s Fisher Asset Management is the largest Microsoft Corporation (NASDAQ:MSFT) stakeholder from Q3, owning 25.52 million shares in the company worth $7.19 billion.

Here is what Alger has to say about Microsoft Corporation (NASDAQ:MSFT) in its Q3 2021 investor letter:

“Microsoft Corporation was among the top contributors to performance during the third quarter. Microsoft is a Positive Dynamic Change beneficiary of corporate America’s transformative digitization. Microsoft’s enterprise cloud product, Azure, is rapidly growing and accruing market share. Microsoft reported that Azure grew 51% in the second quarter. This high unit volume growth is a primary driver of the company’s higher share price, but the company’s strong operating execution has enabled margin expansion that has also helped to increase forward earnings estimates. We believe Microsoft’s subscription-based software offerings and cloud computing services have a durable growth profile because they enhance customers’ growth initiatives and help them to diminish costs. Additionally, investors appreciate Microsoft’s strong free cash flow generation and its return of cash to shareholders in the form of dividends and share repurchases.”