16 Best Large-Cap Value Stocks To Invest In in 2024

Published on March 2, 2024 at 10:42 am by Ramish Cheema in Hedge Funds, News

In this piece, we will take a look at the 16 best large cap value stocks to invest in in 2024. If you want to skip our overview of the latest stock market news, then you can skip ahead to 5 Best Large-Cap Value Stocks To Invest In in 2024.

The stock market of 2024 is driven by the same trends that saw investors glued to their screens in 2023. The primary themes in the market right now are artificial intelligence and interest rate cuts, with the final week of February providing investors with key data points and news on both fronts.

Before we get to the news, it’s important to see how large cap stocks are fairing these days. These stocks are typically sizeable, mature, and established companies that command strong market positions along with comforting balance sheets. Like other stocks, their performance is also tied to the stock market, and large cap stocks typically attract investors during economic downturns or shaky conditions as they offer comfort with their ability to hedge against major losses.

Diving deeper into large cap stocks, these can be divided either along their industries or their fundamentals to further fine tune any performance expectations. Large cap stocks in stable sectors such as consumer defensive, the likes of the tobacco giant Philip Morris International Inc. (NYSE:PM) or the consumer goods behemoth Unilever PLC (NYSE:UL) are sizeable entities whose global brand following enables investors to rest in comfort knowing that even if the stock and revenue are down in a recession, both will pick up ones the economic winds become more favorable.

On the flip side, large cap stocks belonging to high risk sectors such as biotechnology are significantly vulnerable to market whims as well as any whiff that investors might get about potential troubles. For instance, consider the large cap biotechnology stocks Moderna, Inc. (NASDAQ:MRNA) and BioNTech SE (NASDAQ:BNTX). These two stocks are household names due to their coronavirus vaccine, but despite being multi billion dollar firms, the shares have painted quite an eye watering performance if we consider their performance over the course of the past couple of years.

In fact, the risky nature of these large cap stock industries means that investors have to be on constant watch out for any headwinds that could affect business performance. For Moderna, this came in the form of a report in February 2024 that its vaccine for a respiratory virus had demonstrated reduced efficacy. The shares tumbled 7% on that day, and overall, the stock is down 22% year to date, proving that just because a stock is a large cap does not mean that it will always remain stable. Similarly, BioNTech’s stock is down by nearly 15% during its latest earnings report that saw the firm stress that it would return to growth in 2025 after it scales up oncology products to mitigate the effects of a bottoming out of its COVID vaccine market.

So, with some drivers of large cap stock performance out of the way, let’s focus on the news before a brief primer on value stocks. The tail end of February 2024 has seen large cap artificial intelligence stock Synopsys, Inc. (NASDAQ:SNPS) beat analyst second quarter revenue and profit estimates as it shared that growth in its semiconductor design products and solutions for AI chips should help with a great second quarter. Focusing on the Fed, the central bank’s January meeting minutes show that participants continued to be worried about cutting interest rates too soon. This is natural since recent producer inflation prints remain stubbornly high, and for large cap value stocks, this might be good news.

This is because, in tight economic conditions, growth stocks, such as those characterized by high price to earnings (P/E) ratios typically fall. On the flip side, value stocks tend to hold their ground as investors have set their market share price reasonably in comparison to fundamentals such as EPS.

With these details in mind, let’s take a look at some top large cap value stocks to buy. A couple of major names are UnitedHealth Group Incorporated (NYSE:UNH), Berkshire Hathaway Inc. (NYSE:BRK-B), and JPMorgan Chase & Co. (NYSE:JPM).

A close-up of a laptop monitor with stock market prices scrolling up and down.

Our Methodology

To make our list of the best large cap value stocks to buy, we ranked the top 40 holdings of the Vanguard Value ETF by the number of hedge funds that had bought the shares during Q4 2023 and picked the top stocks.

For these best large cap value stocks we have also mentioned hedge fund sentiment. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.

16 Best Large-Cap Value Stocks To Invest In in 2024

16. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Investors In Q4 2023: 79

Latest P/E Ratio: 73.76

Pfizer Inc. (NYSE:PFE) is one of the biggest pharmaceutical and healthcare companies in the world. 2024 has seen limited stimulants to its stock price, with a colitis drug approval in Europe and strong efficacy results of a respirator virus treatment providing investors with some joy

As of Q4 2023 end, 79 out of the 933 hedge funds tracked by Insider Monkey had held a stake in Pfizer Inc. (NYSE:PFE). D. E. Shaw’s D E Shaw was the firm’s biggest investor due to its $418 million stake.

Along with Berkshire Hathaway Inc. (NYSE:BRK-B), UnitedHealth Group Incorporated (NYSE:UNH), and JPMorgan Chase & Co. (NYSE:JPM), Pfizer Inc. (NYSE:PFE) is a great value stock that hedge funds are piling into.

15. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Investors In Q4 2023: 81

Latest P/E Ratio: 30.52

Johnson & Johnson (NYSE:JNJ) is another sizeable American healthcare behemoth. Its investors were also in for some great news in February 2024, when the FDA approved a limited dose of its medicine for treatment resistant blood cancer.

By the end of last year’s fourth quarter, 81 out of the 933 hedge funds covered by Insider Monkey’s research were the firm’s shareholders. Johnson & Johnson (NYSE:JNJ)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management as it owns 6.3 million shares that are worth $996 million.

14. Elevance Health, Inc. (NYSE:ELV)

Number of Hedge Fund Investors In Q4 2023: 83

Latest P/E Ratio: 20.24

Elevance Health, Inc. (NYSE:ELV) is a healthcare finance company that provides benefits coverage and other associated products. It’s one of the strongest rated large cap stocks on our list since the average share rating is Strong Buy. The average share price target of $572 prices in a 12.5% upside.

During 2023’s December quarter, 83 out of the 933 hedge funds part of Insider Monkey’s database had invested in Elevance Health, Inc. (NYSE:ELV). Jean-Marie Eveillard’s First Eagle Investment Management owned the biggest stake that was worth $838 million.

13. Walmart Inc. (NYSE:WMT)

Number of Hedge Fund Investors In Q4 2023: 85

Latest P/E Ratio: 30.41

Walmart Inc. (NYSE:WMT) is the biggest brick and mortar retailer in the world. Amidst a global shift towards e-Commerce that has kept brick and mortar retailers on their toes, its CFO shared during Walmart Inc. (NYSE:WMT)’s Q4 earnings that it had slashed e-Commerce costs by an impressive 40% in 2023.

Insider Monkey dug through 933 hedge fund portfolios for last year’s fourth quarter and discovered that 85 had bought a stake in the firm. Walmart Inc. (NYSE:WMT)’s largest investor in our database is Ken Fisher’s Fisher Asset Management as it owns $1.5 billion worth of shares.

12. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Investors In Q4 2023: 85

Latest P/E Ratio: 11.73

Exxon Mobil Corporation (NYSE:XOM) is one of the biggest diversified oil and gas companies in the world. It’s been a busy 2024 for the company, as amidst pressure to step up production in Guyana, it is also busy expanding its presence in the lucrative lithium mining market by moving forward with its lithium extraction programs in Arkansas.

During 2023’s final quarter, out of the 933 hedge funds tracked by Insider Monkey, 85 were Exxon Mobil Corporation (NYSE:XOM)’s shareholders. Ken Fisher’s Fisher Asset Management owned the biggest stake which was worth $1.3 billion.

11. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Investors In Q4 2023: 86

Latest P/E Ratio: 107.43

Intel Corporation (NASDAQ:INTC) is the well known American semiconductor designer and manufacturer that holds the commanding position in the global processor markets. Even though it is not a major competitor NVIDIA in the GPU market, the latter’s latest earnings report also saw Intel Corporation (NASDAQ:INTC)’s shares jump by 1.45% in the aftermarket as NVIDIA shared even more optimism for AI.

As of December 2023 end, 86 out of the 933 hedge funds profiled by Insider Monkey had bought and owned the firm’s shares. Intel Corporation (NASDAQ:INTC)’s largest hedge fund investor is William B. Gray’s Orbis Investment Management due to its $801 million investment.

10. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Investors In Q4 2023: 90

Latest P/E Ratio: 24.04

Union Pacific Corporation (NYSE:UNP) is a cargo railroad transportation company. An industrial firm, its fortunes depend on economic activity in the U.S. as well as global fuel prices. The shares are rated Buy on average, and the average analyst share price target is $257.56.

During Q4 2023, 90 out of the 933 hedge funds covered by Insider Monkey’s research had held a stake in Union Pacific Corporation (NYSE:UNP). Eric W. Mandelblatt’s Soroban Capital Partners was the firm’s biggest shareholder as it owned $1.7 billion worth of shares.

9. Danaher Corporation (NYSE:DHR)

Number of Hedge Fund Investors In Q4 2023: 90

Latest P/E Ratio: 44.51

Danaher Corporation (NYSE:DHR) is a backend healthcare company that develops products to help researchers and laboratory workers with their daily responsibilities. The firm’s latest earnings results provided investors with some time for reflection, as it shared that not only was the bump from pandemic era sales over, but biotechnology revenues had also dropped annually.

By the end of last year’s fourth quarter, 90 out of the 933 hedge funds tracked by Insider Monkey were the firm’s shareholders. Danaher Corporation (NYSE:DHR)’s largest hedge fund investor is Ken Fisher’s Fisher Asset Management due to its $977 million stake.

8. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Investors In Q4 2023: 91

Latest P/E Ratio: 39.14

Broadcom Inc. (NASDAQ:AVGO) is an American semiconductor firm that designs and sells networking, signal processing, and other associated products. A key beneficiary of the AI wave, its shares popped by 3% after AI giant NVIDIA Corporation reported robust fourth quarter of 2023 earnings.

By the end of last year’s fourth quarter, 91 out of the 933 hedge funds tracked by Insider Monkey had bought a stake in Broadcom Inc. (NASDAQ:AVGO). Ken Fisher’s Fisher Asset Management held the most shares, which were worth $2.3 billion.

7. General Electric Company (NYSE:GE)

Number of Hedge Fund Investors In Q4 2023: 92

Latest P/E Ratio: 18.96

General Electric Company (NYSE:GE) is an American engineering company that makes jet engines, turbines, and associated products. Despite a monetarily tight environment, the firm has held up the financial fort since it has beaten analyst EPS estimates in all four of its latest quarters.

Insider Monkey’s December quarter of 2023 survey covering 933 hedge funds revealed that 92 had bought and owned the firm’s shares. General Electric Company (NYSE:GE)’s biggest investor in our database is Chris Hohn’s TCI Fund Management courtesy of its $5.3 billion investment.

6. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Investors In Q4 2023: 96

Latest P/E Ratio: 39.14

Bank of America Corporation (NYSE:BAC) is one of America’s biggest domestic banks. It’s been making quite the headlines lately, as not only did a data breach affect thousands of customers, but Bank of America Corporation (NYSE:BAC) also shared in February 2024 that its digital banking service set a new record in 2023 via 23 billion interactions.

As of Q4 2023 end, 96 out of the 933 hedge funds part of Insider Monkey’s research had held a stake in Bank of America Corporation (NYSE:BAC). Warren Buffett’s Berkshire Hathaway remains the bank’s largest shareholder in our hedge fund database since it owns 1 billion shares that are worth $34 billion.

UnitedHealth Group Incorporated (NYSE:UNH), Bank of America Corporation (NYSE:BAC), Berkshire Hathaway Inc. (NYSE:BRK-B), and JPMorgan Chase & Co. (NYSE:JPM) are some top hedge fund large cap value stock picks.

Click here to continue reading and check out 5 Best Large-Cap Value Stocks To Invest In in 2024.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on May 7, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months

• BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.

• One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Content: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on January 7, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

16 Best Large-Cap Value Stocks To Invest In in 2024

Published on March 2, 2024 at 10:42 am by Ramish Cheema in Hedge Funds, News

16 Best Large-Cap Value Stocks To Invest In in 2024

16. Pfizer Inc. (NYSE:PFE)

15. Johnson & Johnson (NYSE:JNJ)

14. Elevance Health, Inc. (NYSE:ELV)

13. Walmart Inc. (NYSE:WMT)

12. Exxon Mobil Corporation (NYSE:XOM)

11. Intel Corporation (NASDAQ:INTC)

10. Union Pacific Corporation (NYSE:UNP)

9. Danaher Corporation (NYSE:DHR)

8. Broadcom Inc. (NASDAQ:AVGO)

7. General Electric Company (NYSE:GE)

6. Bank of America Corporation (NYSE:BAC)

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on May 7, 2025 at by Inan Dogan, PhD

A New Dawn is Coming to U.S. Stocks

Published on January 7, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

16 Best Large-Cap Value Stocks To Invest In in 2024

Published on March 2, 2024 at 10:42 am by Ramish Cheema in Hedge Funds, News

Share

16 Best Large-Cap Value Stocks To Invest In in 2024

16. Pfizer Inc. (NYSE:PFE)

15. Johnson & Johnson (NYSE:JNJ)

14. Elevance Health, Inc. (NYSE:ELV)

13. Walmart Inc. (NYSE:WMT)

12. Exxon Mobil Corporation (NYSE:XOM)

11. Intel Corporation (NASDAQ:INTC)

10. Union Pacific Corporation (NYSE:UNP)

9. Danaher Corporation (NYSE:DHR)

8. Broadcom Inc. (NASDAQ:AVGO)

7. General Electric Company (NYSE:GE)

6. Bank of America Corporation (NYSE:BAC)

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on May 7, 2025 at by Inan Dogan, PhD

A New Dawn is Coming to U.S. Stocks

Published on January 7, 2025 at by Insider Monkey Staff