This article looks at the 13 Best Global Stocks to Buy Right Now.
Stocks have risen this week amid optimism on Wall Street regarding the U.S. reaching more trade deals before the tariff deadline ends. The S&P 500 climbed 0.78% on Wednesday for a record close of 6,358.91 – its third successive for the week and 12th for the year.
On Tuesday, President Trump revealed in a post on Truth Social that Washington had completed a ‘massive deal’ with Japan. Recent media reports also suggest the U.S. is closing in on a 15% tariff agreement with the European Union.
The U.S. government is pushing to reach trade deals with several countries ahead of an August 1 deadline. Earlier in the week, the White House announced that it had agreed on the framework of a trade agreement with Indonesia.
In April this year, the stock market went into turmoil after President Trump announced sweeping tariffs that were later paused. Louis Navellier, founder and chief investment officer at Navellier & Associates, shared the following remarks on Trump’s trade strategy:
“So far, the tariff strategy Trump is pursuing looks very inspired, generating serious income, resulting in major investments in the U.S. to avoid the tariffs, and has yet to cause the disruptions and inflation that the naysayers said were certain. The stock market certainly reflects no fear of negative consequences.”
With that said, let’s now head over and see some of the best global stocks to buy right now.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
Methodology
For this article, we have considered large-cap or above stocks that are primarily based outside the U.S. but are traded on U.S. exchanges. The stocks are ranked in ascending order of the number of hedge fund investors having a stake in them, based on Insider Monkey’s database of 1,000 prominent hedge funds as of Q1 2025. Where stocks were tied on hedge fund sentiment, we used their market caps as a tiebreaker between them.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
13 Best Global Stocks to Buy Right Now:
13. JD.com, Inc. (NASDAQ:JD)
Number of Hedge Fund Holders: 66
JD.com, Inc. (NASDAQ:JD) is among the 13 Best Global Stocks to Buy Right Now. On July 21, Benchmark analyst Fawne Jiang slashed the Chinese e-commerce giant’s price target to $47 from $53, while maintaining a Buy rating for its shares.
The adjustment factored in the company’s investments in food delivery and instant commerce, which the analyst believes will result in significant margin pressure in the near term. The research firm also lowered its group-level non-GAAP net margin to reflect the losses and trimmed its fiscal outlook, citing competitive pressure.
However, the analyst maintained a Buy rating for JD.com, Inc. (NASDAQ:JD), while noting the company’s growth potential and strategic positioning. Jiang acknowledged the long-term value of these investments, aimed at enhancing user growth and modernizing the supply chain.
The analyst also anticipates JD.com, Inc. (NASDAQ:JD) to benefit from China’s thriving retail market, especially in the 3C and home appliance sectors. He believes the company is well-positioned to capitalize on the robust momentum in these sectors.
12. Aon plc (NYSE:AON)
Number of Hedge Fund Holders: 68
Aon plc (NYSE:AON) is among the 13 Best Global Stocks to Buy Right Now. On July 16, the company bolstered its reinsurance division with key executive appointments.
The global professional services firm announced the appointments of Alfonso Valera as CEO of International for Reinsurance, and Steve Hofmann as CEO of Americas for Reinsurance. Valera will be responsible for overseeing the UK, EMEA, and APAC regions, while Hofmann will manage North America and Latin America.
Aon plc (NYSE:AON) also promoted George Attard as Global Head of Strategy for Reinsurance, whereas Tomas Novotny is taking charge as Chairman of International for Reinsurance.
Andy Marcell, who heads Aon plc (NYSE:AON)’s Risk Capital and Human Capital across several teams, including Reinsurance, said the recent promotions reflect the depth and quality of leadership in the company, while adding that these executives bring with them decades of experience, domain expertise, client relationships, and market knowledge.
In other related news, Chris Spiridis rejoined Aon plc (NYSE:AON) as global enterprise construction project leader last week. He will lead the strategy for Enterprise client global construction projects in his new role.
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