From Yahoo Finance: 2025-04-16 12:00:00

Fred Alger Management released its first quarter 2025 investor letter, citing increased volatility in U.S. stocks due to changing trade, monetary, and fiscal policies, as well as the introduction of advanced AI models from China. The fund’s Class A shares underperformed the Russell 3000 Growth Index in the quarter.

Alger Spectra Fund highlighted Microsoft Corporation in its Q1 2025 investor letter, noting the company’s role in corporate digitization. Microsoft’s stock saw a 0.54% one-month return and closed at $385.73 per share on April 15, 2025, with a market capitalization of $2.868 trillion. The fund remains confident in Microsoft’s leadership in AI.

Microsoft Corporation (MSFT) is the second most popular stock among hedge funds, with 317 portfolios holding it at the end of Q4 2024. In Q2 2025, Microsoft reported $69.6 billion in revenues, up 12% year-over-year. While Microsoft shows promise, the fund believes AI stocks offer greater potential for higher returns in a shorter timeframe.



Read more at Yahoo Finance: Should You be Confident in Microsoft Corporation’s (MSFT) Ability to Retain Leadership Position in AI?