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15 High Growth Large Cap Stocks to Invest In

In this piece, we will take a look at the 15 high growth large cap stocks to invest in. For more stocks, head on over to 5 High Growth Large Cap Stocks to Invest In.

Investing in the stock market appears to be a daunting task, especially in today’s age. While investors of the late 1900s and even the first decade of this millennium could rely on a handful of sources for their investment decisions, today’s digital age is inundated with countless streams of financial information. Whether it’s social media platforms such as Twitter or Reddit, or mainstream media like the Wall Street Journal or CNBC, for the everyday investor picking out the right stocks is often a daunting task.

This investment journey is further complicated by the thousands of publicly listed stocks. For instance, the NASDAQ Composite one of the largest and most widely followed stock market indexes in the U.S. has more than 2,500 stocks listed on it. On the other hand, the New York Stock Exchange (NYSE) which is the world’s largest stock exchange in terms of market capitalization, has roughly 2,300 companies that trade exclusively on it. As a whole, according to the NYSE’s estimates, there are 8,000 securities listed on U.S. exchanges.

These securities are bifurcated based on their market capitalization. According to the Financial Industry Regulatory Authority (FINRA) – a private U.S. self regulator – there are five categories of stocks. These are micro, small, mid, large, and mega caps, with the market capitalization of the firms starting from less than $250 million for the micro segment and going above $200 billion for the mega cap companies.

Each of these has its own set of advantages and drawbacks. For instance, micro cap companies can promise high returns through small share price movements but come at the risk of low liquidity. At the other end of the spectrum, mega cap stocks offer stability, but at the expense of a loss of return in the form of opportunity costs of having missed out on the smaller companies.

Today, we’ll take a look at some high growth large cap stocks, out of which the top ones are Rivian Automotive, Inc. (NASDAQ:RIVN), argenx SE (NASDAQ:ARGX), and Lucid Group, Inc. (NASDAQ:LCID).

Photo by Ruben Sukatendel on Unsplash

Our Methodology

We used the Finviz stock screener as an initial reference to generate a list of large cap companies whose market capitalization ranges between $10 billion to $200 billion. These were then filtered out to only include those companies whose quarterly sales have grown by more than 30%. However, as is the case with most stock screeners, revenue growth estimates for several companies were flat out wrong. So, each entry in the list was manually verified to make sure that the screener had the right percentage and that the information was accurate. Out of the final list, the top fifteen were chosen, after taking special care to ensure that the growth came from their organic revenue and not one off factors.

High Growth Large Cap Stocks to Invest In

15. Woodside Energy Group Ltd (NYSE:WDS)

Q/Q Sales Growth: 77.6%

Number of Hedge Fund Holders in Q3 2022: 10

Woodside Energy Group Ltd (NYSE:WDS) is an Australian energy company that produces gas and crude oil. The firm is based in Perth, Australia.

Woodside Energy Group Ltd (NYSE:WDS) is having a bumper of a time. The firm’s third quarter of 2022 saw it grow revenue by a whopping 272%, and this trend continued in the fourth quarter when its revenues grew by 77.6%. 10 of the 920 hedge funds polled by Insider Monkey during last year’s third quarter had invested in the company.

Out of these, Ken Fisher’s Fisher Asset Management is Woodside Energy Group Ltd (NYSE:WDS)’s largest investor. It owns a $139 million stake that comes via 5.7 million shares.

Along with Rivian Automotive, Inc. (NASDAQ:RIVN), argenx SE (NASDAQ:ARGX), and Lucid Group, Inc. (NASDAQ:LCID), Woodside Energy Group Ltd (NYSE:WDS) is a large cap growth stock.

14. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Q/Q Sales Growth: 165%

Number of Hedge Fund Holders in Q3 2022: 42

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company with dozens of ships and almost a thousand destinations in its itinerary. The firm is based in Miami, Florida.

Royal Caribbean Cruises Ltd. (NYSE:RCL)’s fiscal fourth quarter saw it grow its revenue by 165% annually after the firm started recovering from the pandemic in the prior quarter through a whopping 556% revenue growth. 42 of the 920 hedge funds polled by Insider Monkey had invested in the company in Q3 2022.

Royal Caribbean Cruises Ltd. (NYSE:RCL)’s largest investor is Ken Griffin’s Citadel Investment Group which owns 3 million shares that are worth $150 million.

13. First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Q/Q Sales Growth: 175%

Number of Hedge Fund Holders in Q3 2022: 34

First Citizens BancShares, Inc. (NASDAQ:FCNCA) is an American bank with retail and commercial operations. It is headquartered in Raleigh, North Carolina.

First Citizens BancShares, Inc. (NASDAQ:FCNCA) had a strong fourth quarter of 2022. Revenue in the quarter came in at $471 million, marking a 175% growth over Q4 2021’s $148 million. Insider Monkey’s September quarter 2022 survey of 920 hedge funds revealed that 34 had bought the bank’s shares.

First Citizens BancShares, Inc. (NASDAQ:FCNCA)’s largest investor is John Armitage’s Egerton Capital Limited which owns 710,382 shares that are worth $538 million.

12. Cheniere Energy, Inc. (NYSE:LNG)

Q/Q Sales Growth: 176.60%

Number of Hedge Fund Holders in Q3 2022: 70

Cheniere Energy, Inc. (NYSE:LNG) is an energy company headquartered in Houston, Texas. The firm operates liquefied natural gas (LNG) terminals and pipelines.

Owing to the booming demand for LNG in the wake of the Russian invasion of Ukraine, Cheniere Energy, Inc. (NYSE:LNG)’s business is healthy with the firm’s trailing twelve month revenues sitting at $31 billion – almost double the 2021 revenues of $15.8 billion. By the end of Q3 2022, 70 of the 920 hedge funds polled by Insider Monkey had invested in the firm.

Cheniere Energy, Inc. (NYSE:LNG)’s largest investor in our database is Jim Simons’ Renaissance Technologies which owns 1.8 million shares that are worth $275 million.

11. Nu Holdings Ltd. (NYSE:NU)

Q/Q Sales Growth: 182%

Number of Hedge Fund Holders in Q3 2022: 33

Nu Holdings Ltd. (NYSE:NU) is a Brazilian bank that is headquartered in Sao Paulo. It is an emerging player in one of Latin America’s largest economies.

Nu Holdings Ltd. (NYSE:NU)’s latest quarter ending in December 2022 saw it post $4.7 billion in revenue, which marked a strong 182% annual growth. 33 of the 920 hedge funds polled by Insider Monkey had bought the firm’s shares in the third quarter of last year.

Warren Buffett’s Berkshire Hathaway is a large Nu Holdings Ltd. (NYSE:NU) investor as it owns 107 million shares worth $435 million.

10. Albemarle Corporation (NYSE:ALB)

Q/Q Sales Growth: 190%

Number of Hedge Fund Holders in Q3 2022: 49

Albemarle Corporation (NYSE:ALB) is a chemicals company that provides lithium and bromine products alongside catalysts for different industries such as pharmaceuticals and crop protection. It is based in Charlotte, North Carolina.

Albemarle Corporation (NYSE:ALB)’s fourth quarter results saw the firm post $2.6 billion in revenue which marked for a massive 190% annual growth over 2021’s fourth quarter revenue of $894 million. By the end of last year’s third quarter, 49 of the 920 hedge funds polled by Insider Monkey had bought the firm’s shares.

Albemarle Corporation (NYSE:ALB)’s largest investor is Israel Englander’s Millennium Management which owns 646,719 shares that are worth $140 million.

9. Carnival Corporation & plc (NYSE:CUK)

Q/Q Sales Growth: 198.3%

Number of Hedge Fund Holders in Q3 2022: 14

Carnival Corporation & plc (NYSE:CUK) is an American company headquartered in Miami, Florida. The firm is a leisure cruise ship operator with hundreds of ships in its portfolio.

Carnival Corporation & plc (NYSE:CUK) is another leisure company that is yet to recover from the devastating effects of the coronavirus pandemic. The firm’s latest fiscal year before the pandemic ended in November 2019 which saw it post $20 billion in revenue. However, it was gutted over the next two years, with the fiscal 2021 revenues sitting at a mere $1.9 billion. Since then, Carnival Corporation & plc (NYSE:CUK) is on an upward trajectory, with its latest revenues of $12 billion posting a 6x annual growth. 14 of the 920 hedge funds part of Insider Monkey’s third quarter of 2022 survey had invested in the firm.

Carnival Corporation & plc (NYSE:CUK)’s largest investor is Robert Henry Lynch’s Aristeia Capital which owns 11.2 million shares that are worth $81 million.

8. Warner Bros. Discovery, Inc. (NASDAQ:WBD)

Q/Q Sales Growth: 211.8%

Number of Hedge Fund Holders in Q3 2022: 61

Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a media company with a wide variety of television channels, production houses, and content delivery platforms in its portfolio. The firm is based in New York, New York.

Insider Monkey took a look at 920 hedge fund holdings for last year’s third quarter to discover that 61 had invested in the firm.

7. Chesapeake Energy Corporation (NASDAQ:CHK)

Q/Q Sales Growth: 256%

Number of Hedge Fund Holders in Q3 2022: 70

Chesapeake Energy Corporation (NASDAQ:CHK) is an American energy company that focuses its attention primarily on natural gas exploration and production. The firm is based in Oklahoma City, Oklahoma.

Chesapeake Energy Corporation (NASDAQ:CHK)’s earnings report for its third quarter of the fiscal year 2022 saw the firm earn $3.1 billion in revenue, marking a strong growth of over 250%. By the end of last year’s September quarter, 70 of the 920 hedge funds surveyed by Insider Monkey had invested in the company.

Howard Marks’ Oaktree Capital Management is Chesapeake Energy Corporation (NASDAQ:CHK)’s largest investor with a $814 million stake that comes via 8.6 million shares.

6. Apollo Global Management, Inc. (NYSE:APO)

Q/Q Sales Growth: 305%

Number of Hedge Fund Holders in Q3 2022: 65

Apollo Global Management, Inc. (NYSE:APO) is a financial services firm that has operations in the U.S., Europe, and Asia. The firm is headquartered in New York, New York.

Apollo Global Management, Inc. (NYSE:APO) is on a fantastic growth trajectory as the addition of retirement services to its portfolio enabled it to post a 305% revenue growth in its fourth quarter ending in December 2022. In the previous quarter, 65 of the 920 hedge funds polled by Insider Monkey had bought a stake in the company.

Rivian Automotive, Inc. (NASDAQ:RIVN), Apollo Global Management, Inc. (NYSE:APO), argenx SE (NASDAQ:ARGX), and Lucid Group, Inc. (NASDAQ:LCID) are some top large cap growth stocks.

Click to continue reading and see 5 High Growth Large Cap Stocks to Invest In.

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Disclosure: None. 12 High Growth Large Cap Stocks to Invest In is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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