In this article, we will discuss the 10 Most Undervalued Large Cap Stocks to Buy According to Analysts.
On May 26, Eddie Ghabour, CEO of Key Advisors Wealth Management, joined BNN Bloomberg to discuss the market outlook amid volatility. The market is experiencing record highs despite ongoing challenges. When asked about the sustainability of this trend in the face of potential instability in the Middle East, Ghabour attributed the market’s resilience to strong earnings. He noted that the economy’s foundations are stronger than many anticipate and highlighted tremendous earnings growth, particularly within tech. He explained that because the market structure has changed and volatility occurs rapidly, citing instances where names dropped 20% in three days only to return to new highs, investors must pivot toward concentrated areas to achieve above-average returns.
Ghabour now anticipates a market correction and noted that energy costs will remain a headwind if there is no resolution in the Middle East. However, he emphasized that regardless of short-term movements, investors with the appropriate risk tolerance should aggressively buy these corrections, as he expects the market to be at much higher levels by December 31. He argued that the market is only at the beginning of an AI productivity boom. Ghabour stated that companies that adopt AI for productivity will thrive, while those that do not risk becoming obsolete. He reiterated that despite expected corrections and violent market moves, the overall trend remains strong and could reach levels higher than many anticipate because of persistent pessimism in the market, rather than the irrational exuberance typically seen at all-time highs. Regarding strategy during the expected mid-year correction, Ghabour advised investors to stick to existing themes, specifically small caps, tech (with a heavier weighting toward semiconductors), and emerging markets.
Our Methodology
We used screeners to identify stocks with market caps between $10 billion and $200 billion that are trading below a forward P/E of 15 and have an average upside potential of at least 30%. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among elite hedge funds and are ranked in ascending order of their upside potential.
Note: All data was sourced on June 2.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Most Undervalued Large Cap Stocks to Buy According to Analysts
10. Intuit Inc. (NASDAQ:INTU)
Average Upside Potential: 39.69%
Intuit Inc. (NASDAQ:INTU) is one of the most undervalued large cap stocks to buy according to analysts. On May 6, Intuit launched QuickBooks Workforce, an all-in-one, AI-native Human Capital Management/HCM solution for small and mid-market businesses. Integrated directly into QuickBooks Online and Intuit Enterprise Suite, this platform unifies the entire employee lifecycle (including payroll, hiring, benefits, and performance management) into a single, automated ecosystem.
By replacing fragmented tools with agentic AI and virtual agents, the system streamlines complex administrative tasks and eliminates manual data entry. Business owners can manage their workforce through conversational interfaces and automated workflows, providing real-time insights into labor costs and financials to facilitate faster, more accurate decision-making.
Available in three distinct tiers, QuickBooks Workforce evolves existing payroll services to support businesses of various sizes, from startups to growing firms. Customers can access tools for everything from digital onboarding and time tracking to retirement planning and performance reviews, all designed to save time and reduce the operational complexity of managing a workforce.
Intuit Inc. (NASDAQ:INTU) is a global financial technology platform behind TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite, serving about 100 million customers worldwide.
9. HCA Healthcare Inc. (NYSE:HCA)
Average Upside Potential: 40.19%
HCA Healthcare Inc. (NYSE:HCA) is one of the most undervalued large cap stocks to buy according to analysts. On April 24, HCA Healthcare reported financial results for Q1 2026, featuring revenues of $19.109 billion, a 4.3% increase over the previous year. Net income rose slightly to $1.620 billion, while diluted EPS grew by 10.9% to $7.15. Adjusted EBITDA for the period reached $3.802 billion, reflecting a 1.9% increase, and cash flows from operating activities saw a significant rise of 22% to $2.014 billion.
Operational performance reflected a dynamic start to the year, with same-facility admissions increasing by 0.9% and equivalent admissions by 1.3%. However, the company noted that typical seasonal volume growth was absent, primarily driven by a 42% decline in respiratory-related admissions and the impact of severe winter storms in January. Additionally, same-facility inpatient and outpatient surgeries saw slight declines compared to Q1 2025.
CEO Sam Hazen credited the company’s staff for adapting to these changing conditions. HCA Healthcare Inc. (NYSE:HCA) noted that the unfavorable impacts on patient volumes were largely mitigated by the recognition of specific Medicaid supplemental programs that had not been accounted for in the company’s initial 2026 financial guidance.
HCA Healthcare Inc. (NYSE:HCA) is a leading American for-profit company, providing healthcare services through its 186 hospitals and approximately 2,400 sites of care in 20 states and the UK.
