In this article, we will look at the 10 Hottest Large-Cap Stocks to Buy Now.
On October 13, Tom Lee, head of research and Capital CIO at Fundstrat Global Advisors, appeared on CNBC for an interview to discuss the current market situation. The markets have been bouncing back from last week’s drop, and Tom Lee sees more upside than headwinds moving forward. Lee highlighted J.P. Morgan’s announcement on October 13 of a massive $1.5 trillion Security and Resiliency Initiative, which is a 10-year plan to facilitate and invest in US industries linked with national security and economic resilience. Lee noted that this should be a source of optimism for the investors, as an investment of this scale, brings a lot of structural tailwinds for the market.
He acknowledged that there is a lot of discussion around market bubbles, specifically regarding AI. Lee noted that investors need to understand that one of the biggest tech names, Nvidia, is trading at 27 times its forward earnings, on a P/E basis. The stock is still cheaper than Walmart and Costco, suggesting the valuation is justified with respect to the company’s earnings. Lee believes that earnings continue to fuel the market rally, especially at a time when the Federal Reserve is cutting rates. He anticipates the S&P 500 can gain around 200 points between October 13 to mid-November.
In addition, Lee highlighted that last week, during the Friday lows, he saw many investors referring to the 2.7% drop as the AI bubble bursting. He notes that the fact that such low drops are being referred to as bubble bursts suggests that there are still many reluctant investors on the sidelines. This also suggests that a lot of good news is not yet priced in the markets, which points towards further upside for the markets.
With that, let’s take a look at the 10 Hottest Large-Cap Stocks to Buy Now.
Our Methodology
To curate the list of 10 Hottest Large-Cap Stocks to Buy Now, we used the Finviz Stock Screener, Yahoo Finance, WSJ, and Insider Monkey’s Q2 2025 database. Using the screener, we aggregated a list of Large-Cap stocks (Market Cap between $10 billion and $200 billion) sorted by 6-month performance. Next, we cross-checked the market capitalization from the WSJ and performance from Yahoo Finance, as of October 13, 2025. Lastly, we ranked the stocks in ascending order of the number of hedge fund holders sourced from Insider Monkey.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10 Hottest Large-Cap Stocks to Buy Now
10. Oklo Inc. (NYSE:OKLO)
Market Capitalization: $21.72 Billion
6-Month Performance: 658.36%
Number of Hedge Fund Holders: 36
Oklo Inc. (NYSE:OKLO) is one of the Hottest Large-Cap Stocks to Buy Now. On October 9, George Gianarikas from Canaccord Genuity initiated Oklo Inc. (NYSE:OKLO) with a Buy rating and a price target of $175.
The analyst noted that they see the company as a potential leader of the new nuclear age. He added that during the nuclear age, the nuclear assets are expected to grow in volume and will form a substantial percentage of the global energy mix.
The analyst also likes the financial approach of Oklo Inc. (NYSE:OKLO), noting that the company’s reactor buildout is expected to be primarily financed through debt and would be supported by investment tax credits. Gianarikas believes that this approach has the potential to strengthen long-term returns on capital with a minimum requirement of additional equity.
Regarding the price target, the firm based its target on a discounted cash flow model that extends to 2050. The firm sees the company as an emerging “vertically integrated, global distributed nuclear energy utility” that will help the world meet growing demand for clean energy.
Oklo Inc. (NYSE:OKLO) is a nuclear technology company that develops advanced fast fission nuclear power plants, which deliver clean, reliable, and affordable energy.
9. MP Materials Corp. (NYSE:MP)
Market Capitalization: $13.87 Billion
6-Month Performance: 183.94%
Number of Hedge Fund Holders: 40
MP Materials Corp. (NYSE:MP) is one of the Hottest Large-Cap Stocks to Buy Now. On October 8, Raj Ray from BMO Capital initiated a Hold rating on MP Materials Corp. (NYSE:MP) with an associated price target of $76.
MP Materials Corp. (NYSE:MP) has established itself as a leader in the US rare earth industry with its 10-year strategic partnership with the Department of Defense, said the analyst in a research note. He added that the partnership provides the company with financial stability, guarantees EBITDA margins, and ensures a predictable earnings stream.
However, Ray expressed his concern, noting that the market has seemed to already price in the company’s future earnings potential, thereby leading to a fair valuation and a hold rating.
In addition, Ray noted that although the deal provides the company with a significant competitive edge and also reduces commodity price risks, the focus now shifts to the management’s ability to deliver. He also added that the significant increase in stock price on a year-to-date basis suggests that MP Materials Corp. (NYSE:MP) would need further catalysts to drive the stock price higher.
MP Materials Corp. (NYSE:MP) deals in producing specialty materials essential for electrification products and other advanced technologies.
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