Stewart Asset Management Team at Ingalls Investment Management, LLC on Microsoft Corporation
Thesis
Microsoft is a more recently added and smaller position within Stewart's group of major hyperscaler investments. The company provides computing infrastructure used by AI developers and gives the portfolio exposure to continued expansion of artificial intelligence workloads. Stewart sees the AI buildout as a powerful industrial trend and focuses on companies whose underlying earnings and enterprise value can compound through periods of share-price volatility.
“Alphabet and Amazon, long-standing investments of several years, and a smaller, more recently added holding in Microsoft.”