From Nasdaq: 2024-06-05 05:12:00

The Bill and Melinda Gates Foundation Trust outperformed the S&P 500 by generating a 47% return over the past three years. Microsoft accounted for 34% of the trust’s portfolio, followed by Berkshire Hathaway and Waste Management at 16% each. All three companies have been resilient and profitable long-term investments. In the first quarter of 2024, Microsoft reported strong financial results with revenue up 17% and GAAP net income up 20%. The company is a leader in enterprise software and cloud services, with significant growth potential in artificial intelligence. Berkshire Hathaway also had a solid first quarter, with revenue up 5.2% and operating earnings up 39%. The company’s diverse subsidiaries and strong presence in insurance make it a resilient business. Waste Management, the largest waste collection and disposal services provider in North America, reported mixed results in the first quarter. Revenue increased 5.5%, but GAAP net income surged 35%. Demand for Waste Management’s essential services remains strong, providing the company with pricing power and a competitive advantage in the industry. Experts believe all three stocks are still worth buying, but investors should consider the current valuations before making a decision. Microsoft is projected to grow earnings per share at 13.7% annually over the next three to five years, while Waste Management is expected to grow earnings at 11.1% annually during the same period. Berkshire Hathaway’s strong cash flow from insurance premiums and diverse business segments make it an attractive long-term investment option. Wall Street expects all three companies to outperform the market averages in the coming years.



Read more at Nasdaq: Billionaire Bill Gates Has 66% of His Portfolio Invested in 3 Brilliant Stocks