On December 17, CNBC reported that Daniel Gerard from State Street Global Markets appeared on Squawk Box Asia. He talked about investment ideas in the market and said that it is still too early to move away from the tech trade. Gerard also pointed out that energy stocks might be “something to watch,” as some see them as undervalued right now.
In other news, on December 19, Bloomberg reported that there is optimism for the Santa Rally from Goldman and Citadel Securities. Since 1928, the S&P 500 has climbed in the final two weeks of December 75% of the time, with an average gain of 1.3%. This is based on data compiled by Citadel Securities.
Longer-term concerns about AI investments and high valuations continue. However, positive views on the strong economy and corporate profits keep investor confidence strong. According to Susquehanna International Group, traders are buying bullish options on chipmakers and large-cap tech stocks. Retail investors are also eagerly buying US stocks.
Goldman Sachs Group Inc.’s trading desk team, including Gail Hafif, told clients in a note:
“Barring any major shocks, it will be hard to fight the overwhelmingly positive seasonal period we are entering and the cleaner positioning set-up.”
With that in mind, let’s take a look at the 14 best large-cap stocks to invest in now.
Our Methodology
To compile our list of the 14 best large-cap stocks to invest in now, we used the Finviz stock screener to look for stocks with a market capitalization between $10 billion and $200 billion as of December 18, 2025. We sorted our results based on market capitalization and picked the top 50 stocks. Next, we focused on the top 14 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q3 2025 database of 978 elite hedge funds. Finally, the 14 best large-cap stocks to invest in were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q3 2025.
Why do we care about what hedge funds do? 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).
14 Best Large Cap Stocks to Invest In Now
14. Intuit Inc. (NASDAQ:INTU)
Market Capitalization: $186.13 Billion
Number of Hedge Fund Holders: 96
Intuit Inc. (NASDAQ:INTU) is one of the best large-cap stocks to invest in now. On December 15, TipRanks reported that DBS analyst Andy Yu reiterated a Buy rating on Intuit Inc. (NASDAQ:INTU) and maintained the price target of $875.
On December 16, TipRanks reported that Siti Panigrahi from Mizuho Securities reaffirmed a Buy rating on Intuit Inc. (NASDAQ:INTU) and kept the firm’s price target at $875.
Also on December 16, BMO Capital Markets shared that it believes 2026 could be a recovery year for application and vertical software stocks. The research firm expects AI use cases to move into production and offer growth clarity.
BMO Capital Markets picks Intuit Inc. (NASDAQ:INTU) as its top large-cap pick. This recommendation comes ahead of what the research firm sees as a “second consecutive solid tax season.”
The firm pointed out that vertical software companies deal with less intense AI debate when compared to application software companies. BMO Capital Markets noted that many such companies have delivered strong results as they exit 2025, which could be a signal for upside in estimates. The research firm also believes construction workflow digitalization is set for progress with vendors rolling out new AI capabilities.
For 2026, BMO Capital Markets forecasts the momentum in merger and acquisition activity to continue. The firm pointed out that more than 40% of companies in its coverage faced acquisition interest or activist investor pressure for strategic evaluations in 2025. BMO believes that “back office” software is especially likely to experience consolidation.
Intuit Inc. (NASDAQ:INTU) is an American multinational financial technology and business software company that offers a wide range of products and services.
13. Intuitive Surgical, Inc. (NASDAQ:ISRG)
Market Capitalization: $199.19 Billion
Number of Hedge Fund Holders: 99
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best large-cap stocks to invest in now. On December 18, TipRanks reported that Truist increased its price target on Intuitive Surgical, Inc. (NASDAQ:ISRG) from $620 to $650 and maintained its Buy rating on the stock.
This update comes as part of a broader research note previewing 2026 for MedTech. Truist has a more positive outlook on the MedTech industry heading into 2026 based on a more attractive relative sector valuation. However, the firm’s analyst also noted that there is a possibility of it being a “source” rather than a destination for new healthcare investments. Truist pointed out that it likes stocks with 2026 catalysts that can support sustainable revenue growth or out-of-favor near-term stories.
Earlier, on December 17, TipRanks reported that RBC Capital analyst Shagun Singh also increased the price target on Intuitive Surgical, Inc. (NASDAQ:ISRG) from $625 to $650 and maintained an Outperform rating.
This was part of a broader research note previewing 2026 for Medical Supplies & Devices. RBC Capital expects a year of positive momentum because of strong sector fundamentals supported by aging populations, improving global healthcare access, and innovation. The research firm noted that Intuitive Surgical, Inc. (NASDAQ:ISRG) is hearing good feedback on the da Vinci 5 (dV5) system, including better precision, imaging, ergonomics, and integration. All of these are boosting efficiency.
Intuitive Surgical, Inc. (NASDAQ:ISRG) is an American medical device and technology company that designs and manufactures robotic-assisted surgical systems for physicians and hospitals to make surgery less invasive.
12. The Charles Schwab Corporation (NYSE:SCHW)
Market Capitalization: $172.77 Billion
Number of Hedge Fund Holders: 99
The Charles Schwab Corporation (NYSE:SCHW) is one of the best large-cap stocks to invest in now. On December 15, TipRanks reported that William Katz from TD Cowen reiterated a Buy rating on The Charles Schwab Corporation (NYSE:SCHW) and kept the price target at $134.
Earlier, on December 11, UBS initiated coverage on The Charles Schwab Corporation (NYSE:SCHW), giving the stock a Buy rating and setting the price target at $119. UBS sees the company as a “premier player” in mass-affluent brokerage and RIA custody. The investment bank pointed out that The Charles Schwab Corporation’s (NYSE:SCHW) size and efficiency support sustainable advantages.
UBS noted that 2025 was a year of improvement of fundamentals for the company. The firm forecasts The Charles Schwab Corporation’s (NYSE:SCHW) earnings per share to jump 48% compared to the previous year. The company’s management has indicated that it has plans for an aggressive push with a strong product roadmap and strategic mergers and acquisitions.
The investment bank projects The Charles Schwab Corporation’s (NYSE:SCHW) to grow within the 5-7% range by 2027. UBS also expects the company’s operating margin to reach the mid-50s by 2028, up from the low 40s in 2024.
UBS noted that its view matches with consensus estimates. However, the firm believes that scale, innovation, and market trends position The Charles Schwab Corporation (NYSE:SCHW) to drive 15% compound annual growth rate in earnings per share through 2028. This should lead to a higher stock multiple over time.
The Charles Schwab Corporation (NYSE:SCHW) is an American multinational financial services company that provides a full range of brokerage, banking, and financial advisory services through its operating subsidiaries.
11. Union Pacific Corporation (NYSE:UNP)
Market Capitalization: $139.05 Billion
Number of Hedge Fund Holders: 99
Union Pacific Corporation (NYSE:UNP) is one of the best large-cap stocks to invest in now. On December 16, Barclays increased its price target on Union Pacific Corporation (NYSE:UNP) from $270 to $285 and maintained its Overweight rating on the stock.
Barclays pointed out that “weak” industrial growth and volatile travel demand might continue for a fourth year in a row in 2026. Based on this, the research firm suggests picking stocks with “idiosyncratic opportunities” in North American airlines and transportation.
In other news, on December 17, Union Pacific Corporation (NYSE:UNP) reported that it is planning to develop the Mainline Texas Industrial Park. This will be a master-planned industrial site over 2,000 acres just outside Houston. The park provides a strategic location as it sits along the company’s main rail line with direct access to U.S. 90, Highway 36, Spur 10, and Interstate 69. This setup will provide seamless transportation to customers across the major population centers in the region and international gateways in Laredo, Eagle Pass, and El Paso.
According to the report by Union Pacific Corporation (NYSE:UNP), the location is near the largest concentration of people, industry, and commerce in Texas. It will help customers reach over 25 million people within 250 miles.
The park includes 1,300 acres of rail-served land and 700 acres for other industrial or commercial uses. The Mainline Texas Industrial Park could support more than 20 million square feet of Class A development. Some of the key features of the site include space for rail car storage, on-site water and wastewater systems, regional drainage, and connections to high-capacity gas infrastructure. This makes it one of the strongest industrial sites for customers in Texas.
Union Pacific Corporation (NYSE:UNP) is an American railroad holding company that connects 23 Western states and provides efficient railroad transportation, freight shipping, logistics, and rail safety services.
10. Boston Scientific Corporation (NYSE:BSX)
Market Capitalization: $142.48 Billion
Number of Hedge Fund Holders: 102
Boston Scientific Corporation (NYSE:BSX) is one of the best large-cap stocks to invest in now. On December 17, UBS reiterated its Buy rating on Boston Scientific Corporation (NYSE:BSX) and kept the price target at $140. This update comes even as the shares experienced a drop over the past month.
UBS analyst Danielle Antalffy believes that the risk/reward profile for Boston Scientific Corporation (NYSE:BSX) is “increasingly skewed to the upside” heading into 2026. This view is supported by the firm’s opinion that high-growth business areas will be able to sustain the recent momentum.
According to UBS, the company’s Electrophysiology (EP) division, which makes up about 17% of the company’s 2025 estimated sales, is expected to slow in 2026. However, the research firm pointed out that Boston Scientific Corporation’s (NYSE:BSX) CEO Mike Mahoney is committed to growing this division higher than market rates, estimated at 20-25%.
The company’s CEO has also voiced a firm belief in sustained double-digit growth for the WATCHMAN device, which represents about 10% of estimated sales in 2025. Mahoney is confident about this even before the upcoming CHAMPION data readout, which is expected in spring 2026.
UBS thinks Boston Scientific Corporation (NYSE:BSX) is in a good position to guide 2026 sales growth higher than its long-range target of 10-12%. This potential upside in 2026 is expected to come mainly from the WATCHMAN business.
Boston Scientific Corporation (NYSE:BSX) is an American biotechnology and biomedical engineering company that offers a portfolio of devices and therapies that help physicians diagnose and treat cardiovascular, respiratory, digestive, oncological, neurological, and urological diseases and conditions.
9. ServiceNow, Inc. (NYSE:NOW)
Market Capitalization: $159.26 Billion
Number of Hedge Fund Holders: 104
ServiceNow, Inc. (NYSE:NOW) is one of the best large-cap stocks to invest in now. On December 16, Citizens reiterated its Market Outperform rating on ServiceNow, Inc. (NYSE:NOW) with a price target of $1,300.
This decision came after a Bloomberg report that said ServiceNow, Inc. (NYSE:NOW) is in discussions to acquire cybersecurity startup Armis for around $7 billion. This would make it the company’s biggest acquisition. On December 15, ServiceNow, Inc. (NYSE:NOW) just completed its acquisition of Moveworks for $2.85 billion, which is its largest purchase until now.
On December 17, Bernstein SocGen Group also reaffirmed its Outperform rating on ServiceNow, Inc. (NYSE:NOW) and kept the price target at $1,093. The stock price declined after the Armis acquisition news. However, Bernstein SocGen defended the possible deal and also highlighted that the market is undervaluing ServiceNow, Inc. (NYSE:NOW).
The research firm pointed out ServiceNow, Inc.’s (NYSE:NOW) price relative to its 3-year forward free cash flow, excluding stock-based compensation, against the growth rate. Bernstein SocGen noted that it trades below other large-cap application software companies hit by AI narratives.
Additionally, the research firm does not expect the company to cut its organic growth guidance. ServiceNow, Inc.’s (NYSE:NOW) management recently stressed rising demand and Bernstein SocGen’s recent channel checks also support this positive outlook.
ServiceNow, Inc. (NYSE:NOW) is an American software and technology company. It provides an AI platform that helps organizations digitize, automate, and manage workflows for enterprise operations.
8. The Boeing Company (NYSE:BA)
Market Capitalization: $163.09 Billion
Number of Hedge Fund Holders: 106
The Boeing Company (NYSE:BA) is one of the best large-cap stocks to invest in now. On December 12, Citi initiated coverage of The Boeing Company (NYSE:BA), assigning the stock a Buy rating and setting the price target at $265.
Citi started coverage on 24 stocks in the aerospace and defense sector. The research firm pointed out that the sector is seeing “a number of megatrends” across commercial aerospace, defense, space, and shipbuilding. According to Citi, these trends could lead to at least one company having a market cap of one trillion dollars in the coming years. The research firm thinks that The Boeing Company (NYSE:BA) offers an “unusually attractive mega-cap turnaround” story. For the aerospace and defense sector, Citi’s analyst expects to see trends improve in the fourth quarter, with momentum carrying into the first quarter.
In other news, on December 8, The Boeing Company (NYSE:BA) reported that it has concluded its acquisition of Spirit AeroSystems. This transaction includes fuselages for the 737 program and key structures for the 767, 777, and 787 Dreamliner. Additionally, the deal includes fuselages for the P-8 and KC-46 that are procured commercially.
According to the report, this deal brings The Boeing Company’s (NYSE:BA) biggest spare parts supplier in-house. It helps the company grow its services for global maintenance, repair, and overhaul services. It also adds Spirit’s aftermarket businesses to expand The Boeing Company’s (NYSE:BA) rotable, lease, and exchange portfolio.
The Boeing Company (NYSE:BA) is a leading global aerospace company that manufactures and services commercial airplanes, defense products, and space systems.
7. The Walt Disney Company (NYSE:DIS)
Market Capitalization: $199.72 Billion
Number of Hedge Fund Holders: 107
The Walt Disney Company (NYSE:DIS) is one of the best large-cap stocks to invest in now. On December 11, Reuters reported that The Walt Disney Company (NYSE:DIS) is making a $1 billion investment in OpenAI. This deal will allow OpenAI to use in its Sora AI video generator characters from Star Wars, Pixar, and Marvel.
This three-year partnership deal between OpenAI and The Walt Disney Company (NYSE:DIS) has the potential to change how Hollywood creates content and it marks a key moment in Hollywood’s embrace of generative AI. It also sidesteps worries about AI hurting jobs or intellectual property rights.
Under the licensing agreement, starting early in 2026, Sora and ChatGPT Images will generate videos with Disney characters like Mufasa, Cinderella, and Mickey Mouse. The deal does not include any talent likenesses or voices.
The Walt Disney Company’s (NYSE:DIS) CEO, Bob Iger, said that this collaboration will carefully expand the company’s storytelling with generative AI. It will also respect and protect creators and their work.
Iger first hinted at this strategy during a November investor call, where he noted that AI would let The Walt Disney Company (NYSE:DIS) offer tools to help Disney+ users make and enjoy user-generated content, primarily in short form. Under the agreement, a selection of user-generated videos will become available for streaming on Disney+. This will allow the platform to benefit from the growing appeal for short-form video content.
The Walt Disney Company (NYSE:DIS) is an American multinational mass media and entertainment conglomerate that operates through 3 core business segments: Disney Entertainment, ESPN, and Disney Experiences.
6. GE Vernova Inc. (NYSE:GEV)
Market Capitalization: $173.49 Billion
Number of Hedge Fund Holders: 108
GE Vernova Inc. (NYSE:GEV) is one of the best large-cap stocks to invest in now. On December 16, Wells Fargo increased its price target on GE Vernova Inc. (NYSE:GEV) from $717 to $831 and kept an Overweight rating. This change reflects stronger sales and profit outlooks in the company’s Power and Electrification segments.
Wells Fargo pointed to GE Vernova Inc.’s (NYSE:GEV) strong performance as demand grows, which is supporting prices and margins. The research firm increased its 2026 EBITDA forecast from $5,460 million to $5,839 million because of an expected increase in gas turbine prices and deliveries in the second half of 2026 and a decrease in variable costs.
For 2028, Wells Fargo raised its EBITDA forecast from $8,879 million to $11,566 million. This is based on expectations of 24 gigawatts of annual gas turbine deliveries and increased revenue from grid equipment. The firm also increased its EPS estimates for GE Vernova Inc. (NYSE:GEV) from $13.03 to $14.05 for 2026 and from $23.29 to $31.39 for 2028.
Earlier on December 10, UBS also increased its price target on GE Vernova Inc. (NYSE:GEV) from $760 to $835 and kept a Buy rating. This update came after the company’s analyst meeting in New York. The research firm noted that the company’s long-term guidance might be too cautious, especially for the Power business. The guidance suggests just 34% incremental margins from 2025 to 2028, but UBS believes the potential for 50% or more.
UBS believes higher margins could add $1 billion to earnings. The firm also sees room for further growth for GE Vernova Inc. (NYSE:GEV) after 2028, including about $10 billion in high-margin service revenue by the mid-2030s.
GE Vernova Inc. (NYSE:GEV) is an energy equipment manufacturing and services company. It operates in Power, Wind, and Electrification segments.
5. S&P Global Inc. (NYSE:SPGI)
Market Capitalization: $154.61 Billion
Number of Hedge Fund Holders: 110
S&P Global Inc. (NYSE:SPGI) is one of the best large-cap stocks to invest in now. On December 16, Goldman Sachs increased its price target on S&P Global Inc. (NYSE:SPGI) from $637 to $640 and maintained a Buy rating. The research firm expects structural and cyclical tailwinds to support “healthy” debt issuance volumes and growth in ratings revenue in the near-to-medium term.
In other news, on November 25, S&P Global Inc. (NYSE:SPGI) announced it completed the acquisition of With Intelligence for $1.8 billion from a group led by majority investor Motive Partners. With Intelligence is a leading provider of critical, differentiated data and analytics and it serves about 3,000 customers in alternatives and private markets worldwide. With Intelligence is expected to generate around $130 million in revenue. Its annual contract value is also expected to see growth in the high teens.
With Intelligence offers industry-leading, proprietary data across the full alternatives investing lifecycle and it serves Limited Partners, General Partners and advisors across Private Equity, Private Credit, Hedge Funds, Real Estate, Infrastructure, and Family Offices.
This acquisition brings With Intelligence’s proprietary data and workflow solutions to help S&P Global Inc. (NYSE:SPGI) expand its private markets capabilities. This deal also creates new market opportunities and positions the company as one of the most comprehensive providers of private markets intelligence. It complements S&P Global Inc.’s (NYSE:SPGI) strengths in ratings, benchmarks, data, analytics, and workflow solutions.
S&P Global Inc. (NYSE:SPGI) is an American financial intelligence company that provides credit ratings, benchmarks, analytics, and workflow solutions. The company offers data, technology, and expertise to help clients make informed decisions.
4. Spotify Technology S.A. (NYSE:SPOT)
Market Capitalization: $116.09 Billion
Number of Hedge Fund Holders: 116
Spotify Technology S.A. (NYSE:SPOT) is one of the best large-cap stocks to invest in now. On December 9, Reuters reported that Spotify Technology S.A. (NYSE:SPOT) has announced plans to make music videos available to premium subscribers in the US and Canada by the end of December. The company will be competing with YouTube for market share.
Video content creates a more engaging and immersive experience than just audio. This could help Spotify Technology S.A. (NYSE:SPOT) bring in more users and advertisers. This comes after the beta launch in almost 100 markets in 2024. This move will help the company stand out from other music streaming services.
Spotify Technology S.A. (NYSE:SPOT) announced that the starting video catalog will feature content from artists like Ariana Grande, Olivia Dean, BABYMONSTER, and Addison Rae. The company noted that fans who find a song with a music video on its platform are “34% more likely to stream it again and 24% more likely to save or share it in the following week.”
According to the report by Reuters, Spotify Technology S.A. (NYSE:SPOT) recently launched Wrapped, its year-end listening summary, which engaged over 200 million users within around 24 hours. This was a 19% increase year-over-year. The company’s CFO, Christian Luiga, said in November at the Morgan Stanley tech conference that engagement matters a lot and sometimes it can be “even more important than the number of users.”
In November 2025, the Financial Times reported that Spotify Technology S.A. (NYSE:SPOT) is expected to increase its subscription prices in the US in the first quarter of 2026. In the September quarter, the company already increased premium individual plan prices in over 150 markets to boost earnings.
Spotify Technology S.A. (NYSE:SPOT) is a leading audio streaming subscription service provider. Through its platform, the company offers access to songs, podcasts, and audiobooks.
3. Danaher Corporation (NYSE:DHR)
Market Capitalization: $158.47 Billion
Number of Hedge Fund Holders: 117
Danaher Corporation (NYSE:DHR) is one of the best large-cap stocks to invest in now. On December 9, Goldman Sachs started covering Danaher Corporation (NYSE:DHR), giving the stock a Buy rating and setting the price target at $265.
The research firm pointed to the company’s strong $6 billion bioprocessing franchise. Despite a currently muted equipment market, this part of Danaher Corporation’s (NYSE:DHR) business is growing at a high single-digit rate. Goldman Sachs expects overhangs hurting equipment demand are starting to ease and the pharmaceutical industry now has a clearer view on funding.
Goldman Sachs also sees a shift towards Contract Development and Manufacturing Organization (CDMO) outsourcing to address onshoring. This could boost bioprocessing equipment orders in the near term. The research firm expects Danaher Corporation’s (NYSE:DHR) 2026 Biotechnology organic growth at 9.2%, which is higher than the consensus of 6.1%. This view is supported by the firm’s US CDMO survey, where 68% of respondents suggested that they plan to buy more equipment than last year.
Earlier, on December 8, KeyBanc Capital Markets highlighted top picks in the Life Sciences Tools & Services industry for 2026. The research firm cited improved biopharma spending and the easing of policy concerns.
KeyBanc Capital Markets noted that after three tough years marked by limited funding and destocking, the sector showed signs of recovery in Q3 2025 earnings and large-caps like Danaher Corporation (NYSE:DHR) led the stock price recovery.
The firm sees Danaher Corporation’s (NYSE:DHR) preliminary 2026 guidance of 3-6% core revenue growth as conservative. This view is supported by the significant increase in biotech funding in recent months.
Danaher Corporation (NYSE:DHR) is a leading global life sciences and diagnostics innovation company. The company is known for its professional, medical, research, and industrial products and services that help discover, develop, and deliver life-changing therapies.
2. Capital One Financial Corporation (NYSE:COF)
Market Capitalization: $154.36 Billion
Number of Hedge Fund Holders: 129
Capital One Financial Corporation (NYSE:COF) is one of the best large-cap stocks to invest in now. On December 15, BofA Securities increased its price target for Capital One Financial Corporation (NYSE:COF) from $248 to $268 and kept its Buy rating.
This update came after the company’s November credit metrics, which showed strong credit performance despite card loan growth being weaker than the historical average. BofA pointed out that sequential end-of-period domestic card balances grew 127 basis points compared to the previous month. This was much lower than the usual 300 basis points growth typically seen in this period.
Previously, on December 8, Wolfe Research initiated coverage of Capital One Financial Corporation (NYSE:COF) with an Outperform rating and a price target of $270. The research firm highlighted many key reasons for its positive outlook. These include expected gains in Return on Tangible Common Equity (ROTCE), a positive Net Interest Margin (NIM) trajectory, potential for capital returns, and embedded optionality around the Discover Financial Services network.
Wolfe Research expects that Capital One Financial Corporation’s (NYSE:COF) improving earnings power and returns in the low 20% range can justify a 10.5x valuation multiple, which is slightly above the company’s historical levels.
The research firm also noted that Capital One Financial Corporation (NYSE:COF) has “ample optionality relative to peers” with more than 300 basis points of excess capital. Wolfe Research projects the CET1 ratio at about 12% by the end of 2027, which is above the company’s new 11% target. This indicates that there is room for more capital returns.
Capital One Financial Corporation (NYSE:COF) is an American financial holding company that offers a wide range of financial products and services to consumers, small businesses, and commercial clients through various channels.
1. Uber Technologies, Inc. (NYSE:UBER)
Market Capitalization: $165.58 Billion
Number of Hedge Fund Holders: 143
Uber Technologies, Inc. (NYSE:UBER) is one of the best large-cap stocks to invest in now. On December 12, RBC Capital reaffirmed its Outperform rating on Uber Technologies, Inc. (NYSE:UBER) with a $110 price target after investor meetings with the company’s CFO, US Delivery’s Senior Director of Strategic Finance, and Senior Director of Investor Relations.
RBC Capital analyst Brad Erickson said the talks left the firm feeling positive. The analyst noted that even with some higher investments in 2026, Uber Technologies, Inc.’s (NYSE:UBER) management shared plans to “durably sustain mid to high teens growth for the foreseeable future with margin leverage.”
Discussions also touched on autonomous vehicle (AV) strategies. Uber Technologies, Inc. (NYSE:UBER) sees its financing plans as a competitive advantage. RBC Capital expects market and partner growth for AV initiatives next year. The research firm also noted that the company’s management demonstrated “open-mindedness” on capital allocation. However, share buybacks are still the main focus for now.
Earlier, on December 11, Mizuho also reiterated an Outperform rating on Uber Technologies, Inc. (NYSE:UBER) with a price target of $130. This update came after hosting the company’s CEO, Dara Khosrowshahi, as well as Bec Nyst and Dominic Taylor, APAC General Managers of Delivery and Mobility, respectively, in Japan.
Mizuho cited local press reports that show Uber Technologies, Inc. (NYSE:UBER) has announced plans for a big investment in Japan over the next five years to target what it sees as the biggest taxi market in the world. As part of its growth strategy in the region, the company is looking to tap into Japan’s relatively early adoption rates across taxi services and food delivery platforms.
Uber Technologies, Inc. (NYSE:UBER) is a global transportation technology company that focuses on ride-hailing, courier services, food delivery, and freight transport.
While we acknowledge the potential of UBER as an investment, 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 UBER and that has a 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 14 Most Promising Fintech Stocks to Invest In and 15 Best Technology Penny Stocks to Buy.
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