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.
8. Kinross Gold Corporation (NYSE:KGC)
Market Capitalization: $29.57 Billion
6-Month Performance: 67.31%
Number of Hedge Fund Holders: 42
Kinross Gold Corporation (NYSE:KGC) is one of the Hottest Large-Cap Stocks to Buy Now. On October 10, Anita Soni from CIBC raised the firm’s price target on Kinross Gold Corporation (NYSE:KGC) from $22 to $36, while keeping an Outperform rating on the stock.
The analyst noted that the upgraded price target reflects the higher gold price forecasts. The firm now anticipates gold at $4,500 per ounce through 2026 and 2027, with silver at $55 per ounce during the same time. Moreover, while mentioning the year-to-date outperformance of the company, Soni noted that most of the upward revision in the performance is the stock catching up.
Kinross Gold Corporation (NYSE:KGC) is a gold mining company operating mines and projects across the United States, Brazil, Mauritania, Chile, and Canada.
7. Bloom Energy Corporation (NYSE:BE)
Market Capitalization: $20.33 Billion
6-Month Performance: 385.31%
Number of Hedge Fund Holders: 43
Bloom Energy Corporation (NYSE:BE) is one of the Hottest Large-Cap Stocks to Buy Now. On October 13, Tim Moore from Clear Street raised the firm’s price target on Bloom Energy Corporation (NYSE:BE) from $37 to $43, while maintaining a Hold rating on the stock.
The increased price target follows the company’s announcement of a strategic AI infrastructure partnership with Brookfield on October 13. The partnership is worth $5 billion to build AI factories that are capable of meeting the growing demand for artificial intelligence.
The analyst noted that this marks the first solely AI-dedicated investment strategy by Brookfield. Moreover, Moore sees this as a major catalyst for Bloom Energy Corporation (NYSE:BE) as he expects the company to become the preferred onsite power provider due to this new partnership.
Bloom Energy Corporation (NYSE:BE) engages in stationary fuel cell generation that generates clean and reliable electricity.
6. Coeur Mining, Inc. (NYSE:CDE)
Market Capitalization: $12.57 Billion
6-Month Performance: 222.32%
Number of Hedge Fund Holders: 44
Coeur Mining, Inc. (NYSE:CDE) is one of the Hottest Large-Cap Stocks to Buy Now. On October 9, Brian MacArthur from Raymond James raised the firm’s price target on Coeur Mining, Inc. (NYSE:CDE) from $13.5 to $22, while keeping an Outperform rating on the stock.
The analyst noted that the gold and silver prices are forecasted to grow, with both near and long-term price targets being raised. Moreover, the commodities have shown a strong year-to-date performance, and the ongoing economic and political uncertainty adds further upside.
In addition to Raymond James, Michael Siperco from RBC Capital on October 7 also reiterated a Buy rating on the stock, without disclosing any price target.
Coeur Mining, Inc. (NYSE:CDE) engages in the production of precious metals, focusing mainly on gold and silver. The company operates five wholly owned mines across the US and Mexico, including underground and open-pit gold and silver mines.
5. Nebius Group N.V. (NASDAQ:NBIS)
Market Capitalization: $32.54 Billion
6-Month Performance: 525.08%
Number of Hedge Fund Holders: 45
Nebius Group N.V. (NASDAQ:NBIS) is one of the Hottest Large-Cap Stocks to Buy Now. Nebius Group N.V. (NASDAQ:NBIS) signed a $17.4 billion AI infrastructure deal with Microsoft Corp (NASDAQ:MSFT), on September 8. The stock has surged more than 100.5% since the announcement.
Reuters reported that, as per the deal, Nebius Group N.V. (NASDAQ:NBIS) will provide Microsoft with its GPU infrastructure capacity for over 5 years. The CEO of the company noted that the economics of the deal are attractive, and more significantly, he believes the deal will help the company accelerate its AI cloud business growth in 2026 and beyond.
Recently, on October 9, Alexander Duval from Goldman Sachs raised the firm’s price target on Nebius Group N.V. (NASDAQ:NBIS) from $120 to $137, while reiterating a Buy rating on the stock.
Nebius Group N.V. (NASDAQ:NBIS) develops and operates infrastructure specifically designed for artificial intelligence applications internationally. The company provides cloud platforms, GPU clusters, and other AI development tools for various industries.
4. EchoStar Corporation (NASDAQ:SATS)
Market Capitalization: $21.29 Billion
6-Month Performance: 225.42%
Number of Hedge Fund Holders: 52
EchoStar Corporation (NASDAQ:SATS) is one of the Hottest Large-Cap Stocks to Buy Now. On October 7, Hughes Network Systems, LLC, which is an EchoStar Corporation (NASDAQ:SATS) company, announced its strategic partnership with Celona to launch a fully managed private wireless network solution.
The press release highlighted that the collaboration targets to meet the growing demand for reliable, secure, and high-performance wireless connectivity. Moreover, this new solution will enable various government operations and industries, including manufacturing, warehousing, logistics, and energy to ensure digital transformation and automation.
The collaboration will combine the private 5G LAN technology of Celona with Hughes Network’s expertise in managed services. The solution also provides a turnkey service that includes site design, deployment, and 24/7 network monitoring and support.
EchoStar Corporation (NASDAQ:SATS) is a holding company that provides television entertainment, wireless communication, and broadband satellite services worldwide. The company operates through various brands, including DISH TV, Sling TV, Boost Mobile, and HughesNet.
3. Celestica Inc. (NYSE:CLS)
Market Capitalization: $28.08 Billion
6-Month Performance: 201.34%
Number of Hedge Fund Holders: 63
Celestica Inc. (NYSE:CLS) is one of the Hottest Large-Cap Stocks to Buy Now. On October 13, Aletheia Capital initiated coverage on Celestica Inc. (NYSE:CLS) with a Buy rating and an associated price target of $350.
The analyst in his research note highlighted the company’s key position as a manufacturing partner for Google’s TPU modules and networking switches. In addition, the company also plans to onboard OpenAI for its Capricorn server, which is the first ASIC-based AI server.
Aletheia Capital also noted that they anticipate the company’s Gothfish and Zebrafish ASIC server deployment for Google will increase in unit and content value from 2026 to 2027. This is expected to double Celestica Inc.’s (NYSE:CLS) enterprise revenue for fiscal 2026, with the potential to add another 50% growth for fiscal 2027.
Moreover, the firm expects Celestica Inc. (NYSE:CLS) will also benefit from 800Gbps switch upgrades for AI infrastructure at Amazon and Google. Aletheia Capital believes the communication sales can triple to $12.6 billion from fiscal 2024 to fiscal 2027.
Celestica Inc. (NYSE:CLS) designs and manufactures hardware platforms and provides supply chain solutions. The company operates through two main segments, including the Advanced Technology Solutions and Connectivity & Cloud Solutions.
2. Western Digital Corporation (NASDAQ:WDC)
Market Capitalization: $39.57 Billion
6-Month Performance: 222.22%
Number of Hedge Fund Holders: 74
Western Digital Corporation (NASDAQ:WDC) is one of the Hottest Large-Cap Stocks to Buy Now. On October 13, Amit Daryanani from Evercore ISI raised the firm’s price target on Western Digital Corporation (NASDAQ:WDC) from $85 to $190, while keeping an outperform rating on the stock.
The analyst noted that the Hard Disk Drive industry is expected to benefit from structural tailwinds such as AI and a growing cloud demand. Moreover, the cloud demand is also driving exabyte shipment growth, improved pricing discipline, and technological advancements.
In addition, the analyst noted in his research note that the HDD sector is on the path to transformation, which calls for potential price re-evaluations and presents sustained financial performance.
Western Digital Corporation (NASDAQ:WDC) develops and manufactures storage devices and solutions for a range of users. It delivers HDD solutions that are used by students, gamers, enterprises, and public clouds.
1. Robinhood Markets, Inc. (NASDAQ:HOOD)
Market Capitalization: $123.49 Billion
6-Month Performance: 214.82%
Number of Hedge Fund Holders: 85
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the Hottest Large-Cap Stocks to Buy Now. On October 9, Devin Ryan from Citizen JMP raised the firm’s price target on Robinhood Markets, Inc. (NASDAQ:HOOD) from $130 to $170, while keeping an Outperform rating on the stock.
The analyst in his research note highlighted that the capital markets and financial technology stocks have surged more than 30% to 50% since the April lows. This is because the market activity has rebounded, along with robust institutional trading and strong flows in wealth management.
The analyst acknowledged that the valuations are stretched, with several subsectors at multi-year highs. In addition, Ryan expects performance dispersion, thereby suggesting the importance of selectivity. Despite this, he believes some names in the industry present attractive opportunities.
Robinhood Markets, Inc. (NASDAQ:HOOD) provides a technology-driven financial services platform offering commission-free trading of stocks, options, ETFs, and cryptocurrencies.
While we acknowledge the potential of HOOD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HOOD and that has 100x upside potential, check out our report about this cheapest AI stock.
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