Is it a Wise Choice to Own Microsoft (MSFT) Shares?

ClearBridge Investments, an investment management firm, published its “Global Growth Strategy” fourth quarter 2021 investor letter – a copy of which can be downloaded here. During the fourth quarter, the ClearBridge Global Growth Strategy outperformed its MSCI ACWI benchmark. The Strategy delivered gains across eight of the nine sectors in which it was invested (out of 11 total), with the information technology (IT) and industrials sectors the primary contributors. The communication services sector was the sole detractor. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

ClearBridge Investments Global Growth Strategy, in its Q4 2021 investor letter, mentioned Microsoft Corporation (NASDAQ:MSFT) and discussed its stance on the firm. Founded in 1975, Microsoft Corporation (NASDAQ:MSFT) is a Redmond, Washington-based multinational technology conglomerate holding company with a $2.3 trillion market capitalization, and is currently spearheaded by its CEO, Satya Nadella. Microsoft Corporation (NASDAQ:MSFT) delivered a -8.33% return since the beginning of the year, while its 12-month returns are up by 27.22%. The stock closed at $308.31 per share on March 31, 2022.

Here is what ClearBridge Investments Global Growth Strategy has to say about Microsoft Corporation (NASDAQ:MSFT) in its Q4 2021 investor letter:

“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 which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”

Pixabay/Public Domain

Our calculations show that Microsoft Corporation (NASDAQ:MSFT) ranks on our list of the 30 Most Popular Stocks Among Hedge Funds. Microsoft Corporation (NASDAQ:MSFT) was in 262 hedge fund portfolios at the end of the fourth quarter of 2021, compared to 250 funds in the previous quarter. Microsoft Corporation (NASDAQ:MSFT) delivered a -9.14% return in the past 3 months.

In March 2022, we also shared another hedge fund’s views on Microsoft Corporation (NASDAQ:MSFT) in another article. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page. 

Disclosure: None. This article is originally published at Insider Monkey.