Is Microsoft Corporation (MSFT) the best American tech stock to buy now?
Recently, I’ve compiled a list of Buy Now 14 American Tech Stocks. In this article, we look at where Microsoft Corporation (NASDAQ: MSFT) stands against other American high-tech stocks.
American stocks rose slightly on Monday, April 14th as investors focused on news that investors were taking a break from President Trump’s tariffs. The S&P 500 rose 0.8%, the high-tech Nasdaq rose 0.6%, and the Dow Jones industrial average rose about 0.7%.
Read again: 11 American Energy Stocks Available to Buy Now and 10 shares under $10 to buy now.
Recently, President Trump and his advisors have given mixed signals about the future of tariffs in China and certain industries. Over the weekend, American tech companies won when it was revealed that the US did not impose tariffs on smartphones, computers and other appliances.
However, on Sunday, U.S. Secretary of Commerce Howard Lutnick said these electronic devices would soon be subject to new tariffs. This is not what is imposed on a particular country. President Trump also posted on social media that there are “no exceptions” to these products. He also said the government is considering the entire semiconductor and electronics supply chain in its upcoming national security tariff investigations.
Last week was the best week for major indexes since at least 2023. But all this uncertainty has made Wall Street prepare for another week of potential tariff fuel ups and downs.
To create a list of 14 American tech stocks to buy now, we used Finviz and Yahoo Finance stock screeners to find the largest American tech companies in the United States. We sorted the results based on market capitalization and selected the top 30 American shares. Next, we focused on the 14 stocks that institutional investors like most. Hedge fund sentiment data surrounding each share was obtained from the 4th 2024 database of Insider Monkey, an elite hedge fund, which has over 1,000 elite hedge funds. Finally, the 14 American tech stocks you buy now were ranked in ascending order based on the number of hedge funds holding stock as of the fourth quarter of 2024.
Why do we care about what hedge funds do? The reason is simple. Our research shows that mimic the top stock picks of the best hedge funds can outperform the market. The quarterly newsletter strategy chose 14 small and large caps per quarter, returning 373.4% since May 2014, surpassing the benchmark by 218 percentage points (For more information, please see here)).
