In this article, we will look at the 10 Best Large Cap Tech Stocks to Buy Now.
The technology sector has been on a tear in recent months. The S&P 500 Information Technology Sector Index is up 15% year-to-date, outperforming the broader S&P 500 Index by nearly 7%. This is a sharp turnaround from the first quarter, when the sector lagged behind. Since mid-April, however, tech has flipped the script and taken the lead. Even the tech-heavy Nasdaq Composite has surged around 11%, outperforming the broader market as well.
In an early-May interview with CNBC, David Zervos, Jefferies’ chief market strategist, explained the probable reasons for the April rebound in U.S. stocks, led by technology stocks. He believes that it stemmed largely from clearing up confusion that hit markets in early April. Back then, unusual market patterns emerged, long-term interest rates jumped to levels not seen since the 1980s, the dollar weakened, and stocks fell. He believes some foreign holders of U.S. securities, possibly trade rivals, sold assets to disrupt markets following tariff announcements. However, reassurances from U.S. Treasury officials about potential countermeasures helped stabilize conditions.
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He sees optimism around trade balance improvements, fiscal stability, and ongoing deregulation. While some investors might shift toward the euro, which has risen notably against the dollar in recent months, Zervos stressed that U.S. assets remain attractive and the “Buy America” theme never really disappeared.
On the broader market front, Invesco’s Global Market Strategist, Brian Levitt, believes the U.S. equity market still has room to advance into year-end, though the pace may be slower. Talking on a CNBC discussion on August 12, Levitt said that he sees the economy in a mid-cycle slowdown rather than a late-cycle phase, noting that key warning signs, like widening credit spreads, tighter lending standards, or excessive leverage, are not present. He argues that policy easing and improved sentiment would help broaden market participation beyond the current concentration in large-cap leaders.
With the tech sector’s momentum building and sentiment toward U.S. equities improving, now could be a good time to revisit top names in the space. Against this backdrop, let’s look at the 10 best large-cap tech stocks to buy now.
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Our Methodology
To identify the best large-cap tech stocks to buy now, we first screened for U.S.-listed companies with market capitalizations between $2 billion and $200 billion. From this universe, we selected the 20 stocks most widely held by hedge funds. We then filtered for names with at least 20% upside to their consensus price targets. Finally, we ranked the top 10 qualifying stocks in ascending order based on the number of hedge funds holding positions, using Q1 2025 data from Insider Monkey’s database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Note: All pricing data is as of market close on August 8, 2025.
10 Best Large Cap Tech Stocks to Buy Now
10. MongoDB Inc. (NASDAQ:MDB)
Market Cap: $18.6 Billion
Potential Upside: 31%
Number of Hedge Fund Holders: 72
MongoDB Inc. (NASDAQ:MDB) is one of the best large-cap tech stocks to buy now. Although MongoDB’s core strength as a modern, document-based database and cloud data platform is still intact, it has been facing growth headwinds recently, especially since the results for the fourth quarter of FY 2025 (FY ends in January), when it provided a weaker guidance.
Its Q1 2026 results, reported on June 4, were a tad better. The company is aiming to secure larger enterprise deals, but questions around the durability of its growth trajectory persist.
That said, on July 28, BMO Capital’s Keith Bachman began coverage on MongoDB with an Outperform rating and a $280 price target. He views the company as a clear leader in the fast-expanding non-relational database market, underpinned by substantial technology advantages.
Bachman also believes that the company’s potential to capitalize on the growing demand for generative AI workloads and applications could contribute meaningfully to the company’s growth in the coming years. This long-term positioning supports his constructive opinion on the stock despite near-term uncertainty.
MongoDB Inc. (NASDAQ:MDB) develops database software and provides database platforms for automating, monitoring, and deploying data.
9. Fiserv Inc. (NYSE:FI)
Market Cap: $72.1 Billion
Potential Upside: 35%
Number of Hedge Fund Holders: 72
Fiserv Inc. (NYSE:FI) is one of the best large-cap tech stocks to buy now. On July 24, TD Cowen’s Bryan Bergin reiterated his Buy rating on Fiserv but trimmed the price target to $188 from $233.
Bergin’s decision came a day after the company reported its Q2 2025 results. According to him, the stock has come under pressure after the results and a downward revision to the company’s growth outlook.
He acknowledges that execution issues, especially within the Merchant segment, are weighing on sentiment. However, he argues that Fiserv’s competitive positioning and differentiated assets remain intact. He points to several operational initiatives that could help steady performance and drive roughly 10% revenue growth alongside more than 15% earnings expansion.
The analyst also believes the market is assigning an overly cautious value to Merchant Solutions compared with peers, and that concerns about reliability are likely to ease over time. In his view, the current pullback offers an attractive entry point for long-term investors.
In its July 11 investor letter, Giverny Capital Asset Management said it added Fiserv to its portfolio in Q2, citing the company’s decades-long track record of double-digit annual earnings growth. Even with slower momentum in Clover (its point-of-sale and business management platform), they expect about 15% earnings growth this year to roughly $10 per share. Giverny also sees the current valuation as attractive, considering it trades just over 14x forward earnings versus the market’s 20x. They also view Fiserv’s extensive network of regional bank partners as a key competitive edge.
Fiserv Inc. (NYSE:FI) is a provider of payments and financial services technology solutions that serves clients around the globe, including merchants, banks, credit unions, other financial institutions, and corporate and public sector clients.
