In this article, we will look at the 10 Good Stocks to Invest In Now.
On June 10, Tom Lee appeared on a CNBC Television interview to discuss the latest market moves. Despite the recent correction for many tech names, Lee believes that this market action is healthy and will not impact the tech rally. He elaborated that most of the technology sell-off has been due to investor nervousness ahead of the SpaceX IPO. Moreover, big tech names, including Google, Meta, Anthropic, and OpenAI, are expected to raise a huge sum of capital. Hence, Lee believes that the market is pricing in these actions ahead of the SpaceX IPO.
SpaceX is a $75 billion IPO, and because of the stock’s inclusion in the NASDAQ 100, Lee notes that a lot of institutional holders will need to raise funds to buy the IPO and keep cash for better positioning. Lee noted that institutional holders and retail investors have been selling recent winners to get the cash they can allocate for the SpaceX IPO. Lee expects the new stock to trade well and believes that the tech trade remains healthy and will continue to move higher.
With that, let’s take a look at the 10 Good Stocks to Invest in Now.
Our Methodology
To curate the list of 10 Good Stocks to Invest in Now, we used the iShares MSCI USA Quality Factor ETF and reputable financial media. Using the sources, we aggregated a list of Good Stocks (High Quality) and ranked them in ascending order of the number of hedge fund holders. We have limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment.
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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Good Stocks to Invest In Now
10. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders: 132
Eli Lilly and Company (NYSE:LLY) rose around 12% in May 2026, primarily driven by strong FQ1 2026 earnings beat and FDA approval for Foundayo and expansion of insurance coverage of obesity treatment. With 132 hedge funds holding the stock as of Q1 2026, Eli Lilly and Company (NYSE:LLY) is one of the Good Stocks to Invest in Now.
Recently, on June 9, Goldman Sachs analyst Asad Haider reiterated a Buy rating on the stock with a price target of $1,283. The analyst noted the company’s expanding growth pipeline of obesity treatment as a key driver of the bullish sentiment. Haider highlighted Lilly’s Retatrutide, which is showing strong efficacy at a lower 4 mg dose and delivers weight loss comparable to Zepbound’s highest dose. The analyst noted that the simpler titration schedule and better tolerability of the drug suggest a much broader patient base than previously anticipated.
Moreover, the firm also points to Eloralintide, which is a differentiated amylin agonist offering double-digit weight loss with placebo-like tolerability and no titration required. The analyst believes that this position makes Eloralintide a more accessible alternative to current GLP-1 therapies and a cornerstone of one of Lilly’s most expansive development programs.
Goldman Sachs sees potential for upward revisions as potential launches are expected in 2027 and 2028.
Eli Lilly and Company is a healthcare company that develops human pharmaceutical products, including cardiometabolic health, oncology, and immunology products.
9. Applied Materials, Inc. (NASDAQ:AMAT)
Number of Hedge Fund Holders: 138
Applied Materials, Inc. (NASDAQ:AMAT) rose more than 17% in May 2026, driven by record-breaking FQ2 2026 earnings and growing AI-driven demand. The stock was held by 138 hedge funds in Q1 2026, and 32 out of 40 analysts covering the stock maintain a Buy rating. Applied Materials, Inc. (NASDAQ:AMAT) is also among our Good Stocks to Invest in.
During the fiscal Q2 2026 earnings, the company delivered record revenue of $7.91 billion, reflecting 11% year-over-year increase and exceeding the expectations of $7.69 billion. The non-GAAP adjusted EPS also reached a record high of $2.86, topping the consensus by 6.5%. The performance was driven by value-based pricing and the market shift towards leading-edge foundry logic, DRAM, and advanced packaging, which now fuel over 80% of growth.
Moreover, recently, on May 26, Applied Materials, Inc. also announced partnering with SCREEN Semiconductor Solutions as SCREEN joins EPIC Center in Silicon Valley as a new innovation partner. Both companies are expected to join expertise to develop advanced chip manufacturing solutions.
Management noted that as semiconductors grow more complex, wafer surface cleanliness has become critical to yield, performance, and reliability. To cater to this, Applied Materials will combine its expertise in deposition, dry etch, and materials modification with SCREEN’s industry-leading wafer cleaning, wet etch, and surface preparation capabilities. The companies aim to deliver end-to-end, co-optimized process solutions that help chipmakers achieve higher yields and faster production timelines.
Applied Materials, Inc. is a materials engineering solutions company that provides equipment, software, and services to the semiconductor, display, and related industries. The company operates through its Semiconductor Systems and Applied Global Services (AGS) segments.
8. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders: 144
Netflix, Inc. (NASDAQ:NFLX) is one of the Good Stocks to Invest in Now. Although the stock has declined roughly 25% since FQ1 2026 earnings, Wall Street’s 12-month average price target suggests more than 41% upside from the current level.
The company released earnings on April 17, following which the stock started losing value, pressured by cautious full-year 2026 revenue guidance. Netflix posted $12.25 billion in revenue ahead of the expected $12.17 billion and EPS of $1.23. Management maintained its full-year guidance of 12% to 14% revenue growth and a 31.5% operating margin.
Despite the cautious outlook and decline in share price, analysts project significant upside due to the company’s advertising tier scales and live sports business acceleration. For instance, recently, on June 4, Bernstein SocGen Group reiterated an Outperform rating on Netflix, Inc. with a price target of $110. The firm noted that beneath the backdrop of declining share value lies the fundamental strength of Netflix. The firm highlighted that Netflix remains a utility subscription video-on-demand service at a low cost, and is underpenetrated in non-Anglophone markets.
Management had also pointed towards significant room for growth in the earnings call, noting that the company currently only holds 5% of global TV viewership share.
Netflix Inc. is a global streaming service offering TV shows, movies, documentaries, and interactive content. It operates a subscription model, produces “Original” content, and supports both ad-free and ad-supported viewing across devices.
7. Mastercard Incorporated (NYSE:MA)
Number of Hedge Fund Holders: 157
Mastercard Incorporated (NYSE:MA) is one of the Good Stocks to Invest in Now. Over the past few days, the stock has climbed around 2% following a preliminary judicial approval for a landmark $38 billion swipe-fee settlement.
Recently, on June 9, Reuters reported that a US federal judge granted preliminary approval to a revised $38 billion settlement between Visa, Mastercard, and merchants over allegations that the card networks charged excessive payment processing fees. The report explained that the litigation goes back to 2005 when merchants accused Visa, Mastercard, and banks of conspiring to violate U.S. antitrust laws through the collection of swipe fees. Previously, in 2024, a $30 billion settlement was rejected by a different judge who deemed the evidence insufficient.
According to the new deal, both Mastercard and Visa have agreed to lower swipe fees by 0.1% for five years, while standard consumer rates would be capped at 1.25% for eight years. Moreover, merchants will now have more flexibility to impose surcharges and could choose whether to accept cards across three distinct categories, including commercial, premium consumer, and standard consumer cards.
Reuters noted that Judge Brian Cogan acknowledged that many objections had merit but emphasized the standard was not perfection; the settlement represents the best achievable outcome given the risks of going to trial.
Mastercard Inc operates in the payments industry and is one of the leading payment processors for everyday consumers, financial institutions, governments, and businesses. The company is headquartered in New York, United States.
6. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 170
The shares of Apple Inc. (NASDAQ:AAPL) have declined by around 8% following the company’s WWDC 2026 conference on Monday, June 8. Wall Street still sees more than 10% upside, and the stock is held by 170 hedge funds, making it a Good Stock to Invest in Now.
During the conference, Apple finally showed functional generative AI across its devices. However, Siri AI is only expected in Beta version later in 2026 with a limited rollout in the US, excluding key markets including Europe and China. Although Wall Street didn’t get the blockbuster agentic AI that it wanted to see from Apple, the company has started to use its cloud as a testing model for heavier AI usage.
Following the conference, on June 9, Morgan Stanley analyst Erik Woodring raised the firm’s price target on Apple Inc. from $330 to $360 and maintained a Buy rating on the shares. Woodring noted that the WWDC conference demonstrated clear progress on Apple’s AI roadmap and pointed to an earlier monetization opportunity than the firm had previously expected.
Despite the positive signals, Woodring cautioned that Apple’s intelligence improvements will take time to fully materialize. He described WWDC as “a step in the right direction” that should continue to improve, but tempered expectations around the pace of AI development.
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and home accessories. The company develops its own operating systems (iOS, macOS) and provides digital services, including iCloud, Apple Pay, and content streaming through the App Store and Apple TV+.
5. Visa Inc. (NYSE:V)
Number of Hedge Fund Holders: 181
Visa Inc. (NYSE:V) is one of the Good Stocks to Invest in Now. On June 3, Reuters reported that Cuba’s central bank has announced it will suspend all Visa and Mastercard transactions starting June 6, following the collapse of a key processing partnership triggered by US sanctions.
The report noted that the foreign partner that previously handled credit card processing for Cuba decided to limit operations after a US executive order signed on May 1. The order significantly broadened sanctions on commerce with the island. This left Cuba unable to receive payments through internationally recognized card networks, including Visa Inc..
The executive order was signed by President Trump as part of a policy to pressure Cuba’s government. Credit card transactions had historically been processed through a foreign bank and Fincimex, a financial arm of GAESA, which is a military-run conglomerate that the US accuses of hoarding profits from key industries like tourism, remittances, and logistics for the benefit of Cuba’s military and elite. However, Cuba has denied these accusations. The sanctions have triggered a wider exit of foreign businesses from Cuba, including hotel companies, airlines, and shipping firms.
Visa Inc. remains one of the good stocks to invest in now. The Street is bullish on Visa as 93% of the 30 analysts covering the stock maintain a Buy rating on the shares. The 12-month average price target of analysts suggests more than 23% upside from the current levels.
Visa Inc. is a payment technology company operating in the United States and internationally. It operates VisaNet, a transaction processing network that handles the clearing, authorization, and settlement of payment transactions. The company offers its services under different brands such as PLUS, Visa, V PAY, Visa Electron, and Interlink.
4. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 262
Meta Platforms, Inc. (NASDAQ:META) is one of the Good Stocks to Invest in Now. Recently, on June 3, Reuters reported that Meta introduced its new AI agent at a WhatsApp-focused conference, suggesting a significant push into the enterprise software market and putting it in direct competition with OpenAI, Anthropic, and Google.
Reuters noted that this new business agent by Meta Platforms, Inc., unlike previous chatbots, can take real actions on behalf of companies, including booking appointments, closing sales, qualifying leads, answering FAQs, and escalating complex queries to human staff. As per the company, the agent is expected to be available across WhatsApp, Messenger, and Instagram, rolled out globally to businesses of all sizes.
Meta also highlighted that over one million businesses were already using earlier versions of these tools. The new agentic version significantly expands those capabilities, with Meta leveraging its massive social media footprint to attract enterprise customers.
Moreover, alongside the in-app agent, the company is also launching a “Business Agent Platform” connected to hundreds of third-party systems, including Shopify and Zendesk. This will give larger businesses enterprise-grade tools to build and deploy custom AI agents beyond Meta’s own apps.
Meta Platforms, Inc. develops products that allow people to share and connect with their family and friends using PCs, mobile devices, virtual reality (VR) headsets, and AI glasses. Some of its well-known apps include Facebook, Instagram, and WhatsApp. It operates in the Reality Labs (RL) and Family of Apps (FoA) segments.
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 265
Alphabet Inc. (NASDAQ:GOOGL) is among our Good Stocks to Invest in Now. The stock has gained more than 13% over the past 6 months, and the Street expects more than 18% upside from the current levels.
Recently, on June 9, TD Cowen analyst John Blackledge raised his price target on Alphabet Inc. from $450 to $475, maintaining a Buy rating on the shares. The analyst noted that the updated price target is based on the firm’s Google Cloud’s gigawatt capacity and AI revenue outlook.
The firm now expects Google’s data center capacity to grow more than tenfold between 2022 and 2031, driven by surging demand from both enterprise and consumer AI applications. Moreover, the firm also sees the company’s cloud profit margins rising steadily with time. The analyst noted that he expects the Street’s estimates for Alphabet to move higher in the coming quarters as the market better appreciates the scale of the company’s AI infrastructure buildout.
That said, during the fiscal first quarter of 2026, the company delivered $109.9 billion in revenue, reflecting a 22% year-over-year increase and EPS of $5.11, significantly beating the expectations of $2.63. During the quarter, Google Cloud revenue accelerated 63% year-over-year to $20 billion, while Search revenue increased 19% during the same time.
Alphabet Inc. is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
NVIDIA Corporation (NASDAQ:NVDA) is one of the Good Stocks to Invest in Now. Wall Street remains bullish on NVIDIA Corporation (NASDAQ:NVDA) despite around 3% decline over the past few days. The decline stems from investor caution regarding the technology sector’s ability to make a profit from the AI capital expenditure. Analysts see more than 44% upside over the next 12 months.
Recently, on June 9, Nebius, the AI cloud company, announced a six-month program called the Physical AI Living Lab, which is designed to give European and British startups access to Nvidia’s physical AI tools. With this program, participants will have hands-on access to a full suite of NVIDIA technologies, including NVIDIA Cosmos world foundation models, Isaac Sim and Isaac Lab for robot simulation and training, and NVIDIA OSMO for workload orchestration.
The press release noted that all these technologies run on Nebius’s UK-based infrastructure, powered by NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs. Moreover, engineers from both companies will provide direct technical guidance throughout.
NVIDIA Corporation is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 282
Microsoft Corporation (NASDAQ:MSFT) is one of the Good Stocks to Invest in Now. On June 2, Reuters reported that Microsoft Corporation (NASDAQ:MSFT) announced a new quantum computing chip called Majorana 2. The chip is redesigned using AI and is set to be commercially useful for quantum computing by 2029.
This move puts Microsoft in direct competition with IBM. Management noted that the most notable changes to Majorana 2 are its use of lead instead of aluminum for its superconducting components. The company used AI-developed materials science tools to make the switch, resulting in a 1,000-fold improvement in certain performance metrics.
One of the key challenges was preventing lead from washing away during the manufacturing process. Microsoft says it has solved the problem now. Reuters noted that Microsoft joins IBM, Google, Amazon, and several Chinese efforts in a race to build quantum systems capable of solving problems in medicine, chemistry, and cybersecurity that would take conventional computers thousands of years to crack.
Microsoft Corporation is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
