The large-cap stock universe comprises mature companies with market capitalizations ranging between $10 billion and $200 billion. These are strongly-rooted businesses that have established themselves as industry leaders and are more resilient towards economic cycles. Owing to these fundamental characteristics, these companies offer risk reduction, stable returns, consistent payouts, lower volatility, and greater liquidity than small- and mid-cap stocks.
On January 8, Goldman Sachs shared its estimate of 11% returns for global stocks over the next 12 months. In the report, Peter Oppenheimer, Goldman Sachs Research’s chief global equity strategist, highlighted that strong equity returns in Asia, China, and Europe in 2025, where earnings-growth-adjusted valuations appeared more balanced than in the U.S. market. This was despite the fact that those markets delivered dollar-based total returns twice those of the S&P 500 index. Hence, U.S. market valuations remain relatively high in absolute terms, largely driven by strong earnings growth, especially among large technology companies. Oppenheimer and his team also noted that the valuations of large technology companies are not as stretched as seen in previous bubbles. They further opined,
The tech sector’s dominance of markets has not been triggered by the emergence of AI. It began after the financial crisis and has been supported by superior profit growth.
On January 23, Morgan Stanley also presented a bullish outlook for 2026, indicating room for further rally amid certain growth factors that will continue to drive returns. These include the Fed’s policy rate cuts, encouraging macroeconomic forecasts, emerging-market prospects, and AI-linked developments.
With that background, let’s explore our 15 Large Cap Stocks Under $100 With Huge Upside Potential.
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Our Methodology
To identify relevant stocks for this article, we conducted a sector-agnostic screening of U.S.-listed companies having market capitalizations between $10 billion and $200 billion. We then added a filter to include companies with share prices between $5 and $100. The lower threshold ensured that we did not end up with any penny stocks in our list.
In the last part of the screening, we shortlisted stocks with at least 35% upside potential according to TipRanks consensus, as of January 23. Also, we only included stocks in which at least 25 hedge funds held positions, as of the end of the third quarter 2025. Finally, we selected 15 stocks with the highest upside potential and ranked them in ascending order.
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).
15. Blue Owl Capital (NYSE:OWL)
Sector: Financial (Asset Management)
Potential Upside: 36.8%
Number of Hedge Fund Holders: 35
Blue Owl Capital (NYSE:OWL) is one of the best large cap stocks under $100 with huge upside potential.
On January 20, Oppenheimer analyst Chris Kotowski raised his estimated price target for Blue Owl Capital (OWL) from $25 to $27, and maintained his bullish stance with an Outperform rating. His estimates imply an impressive upside potential of over 78%.
Kotowski’s rating and upward revision in target price are part of Oppenheimer’s fourth-quarter results preview, where the firm made broader adjustments to alternative asset management companies under coverage.
On January 14, Bill Katz from TD Cowen also reaffirmed his Buy rating on Blue Owl Capital (OWL). However, he revised his price target estimates downwards from $26 to $24, which still yields close to 59% upside potential.
The analyst is strongly bullish on Traditional Asset Managers and has maintained some exposure to the Alternative Asset Management space. However, he remains focused on “Higher for Longer” positioning.
Blue Owl Capital (NYSE:OWL) is an alternative asset manager that offers capital solutions to mid-market companies. With an emphasis on credit, real assets, and GP strategic capital, it provides private financing, direct lending, opportunistic lending, equity financing, and leasing solutions. It is well-reputed for delivering a differentiated route to private markets and secular growth trends.
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