11 Best Performing Large Cap Stocks So Far in 2025

6. Wheaton Precious Metals Corp. (NYSE:WPM)

Market Capitalization: $36.795B

Number of Hedge Fund Holders: 36

Year-To-Date Performance: 39.66% 

Wheaton Precious Metals Corp. (NYSE:WPM) is a Canadian precious metal streaming company that operates by partnering with other mining companies. The company provides capital to these partners upfront in exchange for the right to purchase a fixed proposition of production at predetermined rates. This allows the company to gain exposure to these precious metals without having to extract them.

On April 23, National Bank raised its price target on the stock to C$135 from C$130 and kept an Outperform rating on the shares. During fiscal 2024, the company achieved a record revenue and operating cash flow. Wheaton Precious Metals Corp. (NYSE:WPM) delivered $1.285 billion in revenue and $1.028 billion as cash flow. Management attributed this to improved portfolio growth with 635,000 gold equivalent ounces for the year, which exceeded expectations. In addition, the company also secured four new streams and royalties and made key agreements to increase attributable production. The company’s five-year forecast projects a 40% increase in annual production, targeting 870,000 GEOs by 2029. It is one of the best-performing large-cap stocks so far in 2025.