In this article, we will look at the 10 Hot Large Cap Stocks to Buy Now.
Geopolitical Uncertainty and its Impact on the Stock Market
On June 13, Tom McClellan, editor of The McClellan Market Report, appeared on CNBC’s ‘The Exchange’ to talk about how the current geopolitical climate is expected to affect the stock market. He said that the past few days have seen “very quiet action.” However, he stated that the quietness could make one nervous, as it is usually the triggering event for an avalanche to finally release all the tension that has been building up.
The current geopolitical uncertainty is adding to this situation, as experts do not know what to expect when strikes occur against nuclear facilities. He further stated that there is a longer cycle indicating that 2025 is a bear market year, but 2026 is expected to be a great bull market year.
READ ALSO: 10 Undervalued European Stocks To Invest In Now and 11 Best Drug Stocks to Buy According to Hedge Funds.
On June 14, Allianz’ Mohamed El-Erian also appeared on CNBC’s ‘Closing Bell’ to talk about how investors should be thinking about the current conflict between Iran and Israel and the effects on bond yields. He stated that there are several “ifs” that exist, but geopolitical uncertainty is likely to have some economic effects.
These include an acceleration of the ongoing slowdown of the global economy, a further limitation of policy flexibility (including for the Fed), a reminder to companies that their supply chains are highly uncertain, and an erosion of the role of US treasuries in the global system.
With ongoing economic and geopolitical uncertainties looming over the stock market, let’s look at the 10 hot large-cap stocks to buy now.
A trader on the floor of the stock exchange, capturing the energy that powers the market.
Our Methodology
We used the Finviz stock screener to compile a list of 25 large cap stocks with the highest gains over the past 1 month (over 15%) and chose the top 10 most popular among elite hedge funds. The hedge fund data was sourced from Insider Monkey’s database, which tracks the moves of over 1000 elite money managers. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q1 2025.
Note: All data was sourced on June 13.
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).
10 Hot Large Cap Stocks to Buy Now
10. Zscaler, Inc. (NASDAQ:ZS)
Market Cap: $47.01 billion
Gain Over the Past 1 Month: 23.52%
Number of Hedge Fund Holders: 46
Zscaler, Inc. (NASDAQ:ZS) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 11, Cantor Fitzgerald analyst Jonathan Ruykhaver raised the firm’s price target on Zscaler, Inc. (NASDAQ:ZS) to $340 from $290, keeping an Overweight rating on the shares.
The rating update followed the company’s annual customer and partner cloud conference, held between June 2 and 5. The analyst told investors in a research note that Zscaler, Inc. (NASDAQ:ZS) had positive conversations with partners and customers on its focused execution and expanding platform positioning, bringing a positive light to its operations and supporting the price target increase.
Zscaler, Inc. (NASDAQ:ZS) provides a cloud-based internet security platform. The company’s offerings include the following: Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience.
9. Nebius Group N.V. (NASDAQ:NBIS)
Market Cap: $11.22 billion
Gain Over the Past 1 Month: 30.48%
Number of Hedge Fund Holders: 51
Nebius Group N.V. (NASDAQ:NBIS) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 11, Nebius Group N.V. (NASDAQ:NBIS) announced a partnership with Saturn Cloud to deliver a turnkey AI/ML infrastructure solution that is built on NVIDIA Hopper GPUs, with support for the NVIDIA AI Enterprise software stack. Saturn Cloud is the MLOps platform for AI/ML engineers.
The collaboration would enable AI engineers to access an enterprise-grade AI/ML infrastructure-in-a-box with on-demand access to an enterprise-ready MLOps platform and NVIDIA Hopper GPUs.
The solution would combine Saturn Cloud’s engineer-loved MLOps platform with the flexibility and power of Nebius’s AI cloud, allowing anyone to instantly sign up and run jobs and deployments, use Jupyter notebooks or other IDEs, and manage cloud resources on NVIDIA Hopper GPUs through Nebius Group’s (NASDAQ:NBIS) infrastructure.
The solution is a compelling option for all use case types because of its notably lower cost compared to traditional cloud service providers. Nebius Group N.V. (NASDAQ:NBIS) takes the ninth spot on our list of the top hot large-cap stocks to invest in.
Nebius Group N.V. (NASDAQ:NBIS) is a technology company that provides services and infrastructure to AI builders across the globe. The company’s offerings include Nebius AI, which is an AI-centric cloud platform that offers full-stack infrastructure. This includes cloud services, developer tools, and large-scale GPU clusters, cloud services, and developer tools.
8. Dollar General Corporation (NYSE:DG)
Market Cap: $24.58 billion
Gain Over the Past 1 Month: 27.34%
Number of Hedge Fund Holders: 55
Dollar General Corporation (NYSE:DG) is one of the 10 Hot Large Cap Stocks to Buy Now. In a report released on June 10, Zhihan Ma from Bernstein maintained a Buy rating on Dollar General Corporation (NYSE:DG) with a price target of $126.00. The rating followed the company’s fiscal Q1 2025 earnings release on June 3, reporting a 5.3% growth in net sales to $10.4 billion.
Dollar General Corporation (NYSE:DG) also reported a 2.4% rise in same-store sales compared to fiscal Q1 2024, while operating profit grew 5.5% to $576.1 million in the quarter. The increase in net sales was attributed to growth in same-store sales and positive sales contributions from new stores. Diluted EPS for fiscal Q1 2025 rose to $1.78, reflecting a 7.9% growth.
The company also raised its financial guidance for fiscal 2025. Dollar General Corporation (NYSE:DG) now expects net sales growth of around 3.7% to 4.7%, compared to prior expectations of around 3.4% to 4.4%. It reiterated plans to execute approximately 4,885 real estate projects in fiscal year 2025, which includes up to 15 new stores in Mexico and around 575 new stores in the US.
Dollar General (NYSE: DG) is a retailer that offers a diverse array of merchandise in its stores, including consumables, beverages, seasonal items, and more.
7. Seagate Technology Holdings plc (NASDAQ:STX)
Market Cap: $27.01 billion
Gain Over the Past 1 Month: 20.99%
Number of Hedge Fund Holders: 55
Seagate Technology Holdings plc (NASDAQ:STX) is one of the 10 Hot Large Cap Stocks to Buy Now. In a report released on June 9, Ananda Baruah from Loop Capital Markets maintained a Buy rating on Seagate Technology Holdings plc (NASDAQ:STX) with a price target of $200.00.
The company’s fiscal Q3 2025 results showed profitable year-over-year growth and margin expansion, with revenue of $2.16 billion. GAAP diluted EPS for the quarter reached $1.57, while non-GAAP diluted EPS was $1.90.
Seagate Technology Holdings plc (NASDAQ:STX) reduced outstanding debt by $536 million in the quarter, with cash and cash equivalents totaling $814 million by quarter end. It generated $259 million in cash flow from operations and returned $152 million of capital to shareholders through its quarterly dividend. Seagate Technology Holdings plc (NASDAQ:STX) also declared a cash dividend of $0.72 per share.
Seagate Technology Holdings plc (NASDAQ:STX) is a holding company that develops, produces, and distributes electronic data storage solutions and data storage products. Its offerings include solid-state hybrid drives, hard disk drives, solid-state drives, serial advanced technology attachment controllers, peripheral component interconnect express cards, and storage subsystems and computing solutions.
6. Cameco Corporation (NYSE:CCJ)
Market Cap: $39.41 billion
Gain Over the Past 1 Month: 25.07%
Number of Hedge Fund Holders: 58
Cameco Corporation (NYSE:CCJ) is one of the 10 Hot Large Cap Stocks to Buy Now. In a report released on June 12, Gordon Johnson from GLJ Research maintained a Buy rating on Cameco Corporation (NYSE:CCJ) with a price target of $75.27. The analyst based the rating on the company’s potential for growth, stating that its 49% stake in Westinghouse is expected to contribute to its Q2 earnings significantly.
He reasoned that the primary reason behind this optimistic growth outlook is Westinghouse’s involvement in the construction of two new nuclear reactors in the Czech Republic. The analyst expects this development to bring about a notable boost to Cameco Corporation’s (NYSE:CCJ) EBITDA, indicating strong year-over-year growth.
Cameco Corporation (NYSE:CCJ) provides uranium and operates through the Uranium and Fuel Services segments. The Uranium segment explores, mines, purchases, and sells uranium concentrate, while the Fuel Services segment undertakes the refining, conversion, and fabrication of uranium concentrate along with the sale and purchase of conversion services.
5. United States Steel Corporation (NYSE:X)
Market Cap: $11.82 billion
Gain Over the Past 1 Month: 25.22%
Number of Hedge Fund Holders: 61
United States Steel Corporation (NYSE:X) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 13, United States Steel Corporation (NYSE:X) announced that President Trump approved a $14.9 billion historic partnership between X and Nippon Steel, culminating an 18-month-long effort by the two companies that dealt with two national security reviews and union opposition. The partnership is expected to unleash unprecedented steelmaking investments in the country, creating and protecting over 100,000 jobs.
The companies have also entered into a National Security Agreement (NSA) with the US government, providing that around $11 billion in new investments will be made by 2028. This includes the initial investment in a greenfield project, expected to be completed after 2028, along with commitments related to governance, domestic production, and trade matters.
The companies have completed the US Department of Justice review process, with all required regulatory approvals for the partnership in place. United States Steel Corporation (NYSE:X) ranks fifth on our list of the best hot large cap stocks to invest in now. The company manufactures and sells steel products, and operates through the following segments: Flat-Rolled Products, Mini Mill, U.S. Steel Europe, and Tubular Products.
4. Insmed Incorporated (NASDAQ:INSM)
Market Cap: $18.75 billion
Gain Over the Past 1 Month: 50.48%
Number of Hedge Fund Holders: 64
Insmed Incorporated (NASDAQ:INSM) is one of the 10 Hot Large Cap Stocks to Buy Now. Tiago Fauth, an analyst from Wells Fargo, maintained a Buy rating on Insmed Incorporated (NASDAQ:INSM) on June 11, raising the associated price target to $119 from $107. The analyst based the positive rating on the promising developments in the company’s TPIP program, with Phase 2 results showing a notable decrease in pulmonary vascular resistance (PVR).
The results exceeded expectations and reflected the potential to become a leading inhaled prostacyclin therapy. The therapy also has ease of dosing, making it a differentiated option in the treatment of pulmonary arterial hypertension (PAH).
The analyst further noted that TPIP has a positive safety profile, particularly in relation to cough rates. This positions it favorably compared to existing treatments, solidifying its market potential and supporting the optimistic outlook.
3. Roblox Corporation (NYSE:RBLX)
Market Cap: $65.91 billion
Gain Over the Past 1 Month: 22.30%
Number of Hedge Fund Holders: 68
Roblox Corporation (NYSE:RBLX) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 12, Wedbush raised the firm’s price target on Roblox Corporation (NYSE:RBLX) to $110 from $91, keeping an Outperform rating on the shares. The firm stated that it sees the company as the most compelling growth opportunity in the video game sector, primarily because of its expanding user base, potential to uncover additional profit drivers in its business, and the range of upcoming and new products.
Its Grow a Garden is driving significant engagement growth in Q2, and the firm anticipates this trend to continue into Q3 across other games as the summer vacation period approaches. Roblox Corporation (NYSE: RBLX) has also formed a new rewarded ad format partnership with Google, positioning it to boost ad revenue growth.
Roblox Corporation’s (NYSE: RBLX) platform comprises the Roblox Client, Roblox Studio, and Roblox Cloud. Roblox Studio is an app that allows users to explore digital 3D worlds, while Roblox Studio is a toolset used by creators and developers to publish, build, and operate 3D experiences and other content. Roblox Cloud encompasses the infrastructure and services powering human co-experience platforms.
2. Ferguson Enterprises Inc. (NYSE:FERG)
Market Cap: $41.97 billion
Gain Over the Past 1 Month: 21.55%
Number of Hedge Fund Holders: 75
Ferguson Enterprises Inc. (NYSE:FERG) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 10, Wells Fargo analyst Sam Reid maintained a Buy rating on Ferguson Enterprises Inc. (NYSE:FERG) and set a price target of $230.00.
The company’s recently released fiscal Q3 2025 results showed a 4.3% growth in sales to $7.6 billion, despite the impact of foreign exchange (1.7%) and one fewer sales day. It reported a gross margin of 31.0%, up 50 basis points from the previous year.
Ferguson Enterprises Inc. (NYSE:FERG) also declared a quarterly dividend of $0.83, showing a 5% growth over last year. It repurchased shares worth $251 million during fiscal Q3 2025.
Although the company is operating in an uncertain and dynamic environment, it updated its full-year guidance to low to mid-single-digit revenue growth, supported by its strong performance in the quarter. Ferguson Enterprises Inc. (NYSE:FERG) also expects an adjusted operating margin range of 8.5% to 9.0%.
Ferguson Enterprises Inc. (NYSE:FERG) supplies and distributes heating and plumbing products in the United States and Canada. The company provides expertise, products, and solutions, including appliances, plumbing, fire, heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers.
1. Micron Technology, Inc. (NASDAQ:MU)
Market Cap: $129.19 billion
Gain Over the Past 1 Month: 21.28%
Number of Hedge Fund Holders: 96
Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Hot Large Cap Stocks to Buy Now. Analyst Aaron Rakers from Wells Fargo maintained a Buy rating on Micron Technology, Inc. (NASDAQ:MU) on June 11, keeping the price target at $130.00. The analyst based the rating on the company’s market positioning and advancements, stating that its recent announcement of the start of sample shipments of 36GB HBM4 12-High to key customers reflects a continuous and focused execution of the technology roadmap.
The analyst reasoned that this new product leverages the company’s advanced 1-beta DRAM process, providing notable performance enhancement and power efficiency improvements compared to the previous generations.
Micron Technology, Inc. (NASDAQ:MU) also has a strategic focus on customizing logic base die with HBM4E+ and expanding the HBM:DDR5 trade ratio, factors that the analyst considers strong indicators of growth in the high-bandwidth memory market.
The analyst further reasoned that Micron Technology, Inc. (NASDAQ:MU) underwent significant revenue growth in its HBM segment in fiscal Q2 2025, exceeding $1 billion and suggesting continued growth in the upcoming quarters.
Micron Technology, Inc. (NASDAQ:MU) provides innovative memory and storage solutions. Its operations are divided into the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU).
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
Hedge Fund Resource Center