Billionaire Ken Fisher’s Latest Portfolio: 5 Best AI Stocks to Buy

3. Microsoft Corp (NASDAQ:MSFT)

Billionaire Ken Fisher’s Stake: $12.24 billion

Microsoft Corp (NASDAQ:MSFT)  shares are down 21% so far this year. Despite recent market skepticism about its AI narrative, Microsoft Azure rose 39% year over year in the most recently reported quarter. After the recent sell‑off, the stock now trades near 22 times trailing earnings and at about 21 times forward earnings, its cheapest valuation in roughly a decade.

Analysts expect 12–15% annual revenue growth for Microsoft (NASDAQ:MSFT) over the next few years, led by cloud expansion, subscription services, and increasing AI monetization, while EPS is projected to grow at a low‑to‑mid‑teens pace as operating leverage improves across high‑margin software businesses.

Magellan Global Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2025 investor letter:

“The largest detractors to the portfolio’s performance over the quarter were Microsoft, Netflix and Microsoft Corporation (NASDAQ:MSFT). After performing strongly earlier in the year on accelerating growth in Azure, Microsoft gave back some of the strong performance. This was driven primarily by moderating optimism on Microsoft’s AI positioning via its close relationship with OpenAI due to strong execution at Google and Anthropic. While short-term relative performance will continue to be affected by shifting views on AI positioning, taking a longer-term perspective, we view all of the incumbent cloud providers as winners of the increased adoption of AI applications.”