Billionaire Bill Gates Has 66% of His Portfolio Invested in 3 Brilliant Stocks
The Bill and Melinda Gates (BMG) Foundation Trust generated a 47% return during the three-year period that ended in March, while the S 500 (SNPINDEX: ^GSPC) returned a less impressive 32%. As of the first quarter, the BMG Foundation Trust had 66% of its assets invested in just three stocks.
Those companies have been brilliant long-term investments. All three stocks outperformed the S 500 over the last three years, and two have been particularly resilient during bear markets. Are they still worth buying?
Microsoft reported impressive financial results in the third quarter of fiscal 2024 (ended March 31). Revenue rose 17% to $61.9 billion and GAAP net income jumped 20% to $2.94 per diluted share. Momentum in enterprise software and cloud computing, fueled by demand for artificial intelligence services, were the driving forces behind that strong performance.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..
