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.
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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.