On October 9, Keith Buchanan, Senior Portfolio Manager at GLOBALT Investments, appeared on CNBC and stated that the markets show mixed signals of risk and optimism. Buchanan explained that he views the market in colliding ways that make him more concerned about the action over the next quarter or so. What is taught is how stretched and narrow the market has become. He acknowledged that the storyline of a narrow market has existed for some time but now sees increased risk on the horizon from a fiscal and geopolitical standpoint, as well as potential downside risk from an earnings standpoint. The markets are currently viewed as stretched between new all-time highs, specifically mentioning four new highs during a government shutdown, where fiscal problems are constantly visible, and the simultaneous movement of gold making new highs in a way that looks parabolic. This presents two totally different narratives of risk and optimism simultaneously, leading to concern about the market’s future direction.

Regarding tech, earnings estimates have increased over the last couple of months. Specifically, since July, earnings estimates have risen for 3 sectors: communications services, tech, and financials. Buchanan acknowledged that this trend is a roadmap for where investors should put their money, and recalled that they were in the same position coming into the last earnings season, which displayed an incredible income-stable resilience from US corporations. This performance, in Buchanan’s opinion, justified some of the valuation, particularly among the larger, higher-growing corporations whose earnings and cash flow fulfilled the optimism the market held. Now, coming into another earnings season, the market is at a precipice where a follow-through of evidence is needed, meaning earnings and cash flow must justify the current valuations, particularly for the largest names that hold the most weight in the major indices.

That being said, we’re here with a list of the 14 best high volume stocks to buy according to Wall Street analysts.

Our Methodology

We first used the Yahoo stock screener to compile a list of stocks with high average 3-month volumes (at least 10 million). We then selected the 14 stocks with an upside potential of over 35%. 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 15. 

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).

14 Best High Volume Stocks to Buy According to Wall Street Analysts

14. Kenvue Inc. (NYSE:KVUE)

Average Volume (3-Month): 26.632 million

Number of Hedge Fund Holders: 72

Average Upside Potential as of October 15: 25.19%

Kenvue Inc. (NYSE:KVUE)  is one of the best high volume stocks to buy according to Wall Street analysts. On October 10, JPMorgan lowered the price target on Kenvue to $21 from $24, while maintaining an Overweight rating on the shares as part of a Q3 2025 preview for the household, personal care, and beauty group. JPMorgan believes that most large-cap companies in the said group will report another weak quarter due to the depressed consumer demand in the US and decelerating trends for Western Europe. This backdrop is further worsened as retailers are actively reducing inventory as well.

Earlier on October 9, Citi also lowered the firm’s price target on the company to $17 from $20, while keeping a Neutral rating on the shares due to a similar sentiment on the group. The firm sees a challenging backdrop for the beverage, household, and personal care group heading into Q3 as trends in the US remain soft.

Kenvue Inc. (NYSE:KVUE) operates as a consumer health company in the US, Europe, the Middle East, Africa, Asia-Pacific, and Latin America. It operates through three segments: Self Care, Skin Health and Beauty, and Essential Health.

13. Carnival Corporation & plc (NYSE:CCL)

Average Volume (3-Month): 19.622 million

Number of Hedge Fund Holders: 69

Average Upside Potential as of October 15: 25.82%

Carnival Corporation & plc (NYSE: CCL) is one of the best high volume stocks to buy according to Wall Street analysts. On October 15, Tigress Financial raised the firm’s price target on Carnival to $40 from $38 and kept a Buy rating on the shares as the firm noted the company’s recently reported record Q3 2025 results. The analyst also added that forward bookings and guest deposits at these record levels give the company revenue visibility into 2026.

The firm’s 12-month price target represents a potential upside of close to 38% from current levels. In Q3 2025, Carnival Corporation achieved an all-time high net income of $2 billion, which surpassed the pre-pandemic benchmark by ~10%.

Carnival also raised its full-year 2025 net income guidance for the third time, now anticipating ~$2.9 billion or $2.14 per share to reach ~$7.1 billion, a 15% improvement over 2024. CEO Josh Weinstein confirmed that demand remains strong, with record pricing levels for both North American and European bookings, and bookings for 2026 are nearly half full at higher prices, with 2027 bookings off to a record start.

Carnival Corporation & plc (NYSE:CCL) is a cruise company that provides leisure travel services in North America, Australia, Europe, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour & Other.