Microsoft Corporation (NASDAQ:MSFT) ranks #1 on our list of 14 Cheap Quarterly Dividend Stocks to Buy given 259 hedge funds in our database owned shares of the tech giant at the end of Q4. Although it has a forward P/E of 26.1 as of March 30, Microsoft Corporation (NASDAQ:MSFT) is cheap in the long term if it can capitalize on its AI potential. Microsoft Corporation (NASDAQ:MSFT) reportedly owns 49% of OpenAI which makes the popular ChatGPT. Although ChatGPT makes mistakes, Microsoft Corporation (NASDAQ:MSFT) has incorporated it into Bing, giving it potential to increase market share. Microsoft Corporation (NASDAQ:MSFT) also has the second largest cloud computing business in the world that could benefit from more AI processing.
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