5 Technology Stocks to Buy Now According to Stanley Druckenmiller

3. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 262

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. The company is one of the biggest players in the professional workspace software, cloud computing, and gaming domains. In a volatile market, it is also one of the few tech players with a reliable dividend history stretching back almost two decades. In mid-March, the firm declared a quarterly dividend of $0.62 per share, in line with previous. The forward yield was 0.9%. The dividend is payable to shareholders by late May and early June. 

Regulatory filings reveal that the investment firm of Druckenmiller owned 800,490 shares of Microsoft Corporation (NASDAQ:MSFT) at the end of the fourth quarter of 2021 worth $269 million, representing 9.76% of the portfolio. 

Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Microsoft Corporation (NASDAQ:MSFT)  with 26 million shares worth more than $9 billion.

In its Q4 2021 investor letter, ClearBridge Investments, an investment management firm, highlighted a few stocks and Microsoft Corporation (NASDAQ:MSFT) was one of them. Here is what the fund said:

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft Corporation (NASDAQ:MSFT) which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”