Was Rajiv Jain’s GQG Partners Right About These 5 Tech Stocks?

4. Microsoft Corporation (NASDAQ:MSFT)

GQG Partners’ Stake Value: $1,683,915,000

Performance of the stock over the past 12 months: -60%

Rajiv Jain, via GQG Partners, owns 5.97 million Microsoft Corporation (NASDAQ:MSFT) shares, worth $1.68 billion, representing 4.60% of the firm’s total Q3 securities.

SMBC Nikko analyst Steve Koenig on December 21 initiated coverage of Microsoft Corporation (NASDAQ:MSFT) with an Outperform rating and a $410 price target, which represents about 28% upside from current levels.

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

“The Strategy modestly outperformed the benchmark; consistent with our fundamental approach that seeks balanced exposure to industries and the growth and value spectrum, performance was driven by companies from diverse sectors. Microsoft, which develops software including the Windows family of products, the Microsoft Office system and the Azure cloud platform, and is a leader in data protection and customer privacy as well as human rights and diversity, contributed strongly as earnings maintained positive sentiment. Microsoft is seeing a number of businesses reach a new, higher level of engagement, adoption and momentum.”