On October 23, Gene Goldman, CIO at Cetera, appeared on CNBC to suggest that the markets are overvalued but not at risk of a bear market. He sees buying opportunities in pullbacks despite the jitteriness in the market right now. Recent corporate earnings reports showed that certain companies beat expectations and raised their guidance, but at the same time, were trading lower in the market, which prompts a question regarding current investor sentiment. Goldman believes that this trend reflects the overall market sentiment and suggested that markets are exhibiting near-term concern. This concern is rooted in several observations: current high valuations, which are seen as pricing in perfection; the forward price-to-earnings ratio on the S&P 500 being 23x, which is close to the 25x seen during the tech bubble; significant market concentration; a possible bubble in AI capital spending, raising questions about excessive spending on data centers; and a slowing down of market breadth. When all these factors are combined, the markets appear to be jittery. Consequently, even when current earnings are beating expectations, investors are focusing on what’s next, which indicates an uncertainty overhanging stocks in the near term.
Despite the near-term risk, Goldman maintained that there are numerous compelling reasons to buy the dip. Primarily, he does not foresee a bear market because, in his view, a recession is required for that, and the economy is currently stronger than the labor market data suggests. Secondly, the impact of tariffs, which are adding up to a $350 billion run rate, is a factor. Thirdly, 2026 is projected to be a year of stimulus, encompassing both fiscal and monetary stimulus. Furthermore, earnings growth for the next year is anticipated to be stunning, with large caps expected to grow by about 13.3% and small caps by 22% year-over-year. Finally, there is a significant amount of cash on the sidelines ready to enter the market at better valuations. Therefore, Goldman concluded that, consistent with his view over the past three years, any pullback presents a buy-the-dip opportunity.
That being said, we’re here with a list of the 10 most buzzing stocks to buy with huge upside potential.
Our Methodology
We sifted through the Yahoo stock screener to compile a list of the most active stocks with high average 3-month volumes (of over 10 million). We then selected the 10 stocks that had an upside potential of over 30%. The stocks are ranked in ascending order of their upside potential. We have also added the hedge fund sentiment for each stock, as of Q2 2025, which was sourced from Insider Monkey’s database.
Note: All data was sourced on October 24.
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 Most Buzzing Stocks to Buy with Huge Upside Potential
10. Chipotle Mexican Grill Inc. (NYSE:CMG)
Average 3-Month Volume: 18.822 million
Number of Hedge Fund Holders: 68
Average Upside Potential as of October 24: 31.10%
Chipotle Mexican Grill Inc. (NYSE:CMG) is one of the most buzzing stocks to buy with huge upside potential. On October 24, Bank of America lowered the firm’s price target on Chipotle to $61 from $64 and kept a Buy rating on the shares. Following a Q2 2025 earnings season that disappointed investors, the firm believes that enthusiasm for restaurant stocks is currently decidedly absent.
This caution has increased due to the widening of macroeconomic pressures beyond just the low-income consumer group. Bank of America believes that for restaurant stocks currently trading at the low end of their historical valuation ranges, the market is expected to respond favorably to any signs that their earnings remain intact.
Chipotle Mexican Grill Inc. (NYSE:CMG), together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants.
9. TeraWulf Inc. (NASDAQ:WULF)
Average 3-Month Volume: 46.422 million
Number of Hedge Fund Holders: 26
Average Upside Potential as of October 24: 31.29%
TeraWulf Inc. (NASDAQ:WULF) is one of the most buzzing stocks to buy with huge upside potential. On October 22, B. Riley raised the firm’s price target on TeraWulf to $22 from $14 and maintained a Buy rating on the shares. The firm increased its price targets in the HPC space due to the continued momentum in the sector. B. Riley specifically raised its 2026 earnings estimates by an average of 5%, driven by the continued surge in demand for both power and data center capacity. Terawulf remains B. Riley’s top pick in this sector.
Earlier on October 21, Citizens JMP analyst Greg Miller raised the firm’s price target on TeraWulf to $18 from $13 with an Outperform rating on the shares. Following meetings at Structure Research’s Digital Infrastructure conference in Las Vegas the prior week, and in light of other news flow in the digital infrastructure sector, Citizens JMP is now more confident in two key trends. First, demand for traditional space and power has recently intensified. Second, demand for GPU-as-a-Service space has increased, despite new market entrants.
TeraWulf Inc. (NASDAQ:WULF), together with its subsidiaries, operates as a digital asset technology company in the US. The company provides miner hosting services to third-party entities.
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