In this article, we will list the 5 Best Big Name Stocks to Buy. Please visit 15 Best Big Name Stocks to Buy if you’d like to see an extended list and how we came up with it.
5. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders: 256
Meta Platforms, Inc. (NASDAQ:META) is among the 15 Best Big Name Stocks to Buy. On April 23, Guggenheim analyst Michael Morris maintained a Buy rating on the stock with a price target of $850.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
This was a reaffirmation of the firm’s previous update in late January, when it lifted the price target by $50 to $850 and kept a Buy rating after the company beat Wall Street’s sales estimates for the fourth quarter of 2025.
Earlier on April 22, BMO Capital reiterated its cautious outlook on the tech giant, citing concerns surrounding the company’s AI strategy and its ability to monetize the heavy capital expenditure planned for 2026, said media reports. The firm has a Market Perform rating on the stock with a price target of $730.
As of the close of business on April 24, Meta Platforms, Inc. (NASDAQ:META) is a Strong Buy with an average share price upside potential of 27%.
In other news, on Thursday, the company announced to lay off roughly 10% of its workforce and stop hiring for thousands of other vacant positions it was looking to fill, in a bid to enhance efficiency and offset its spending on AI projects. The move will impact roughly 8,000 employees.
Meta Platforms, Inc. (NASDAQ:META) is one of the world’s largest technology companies. It operates several popular social media platforms, including Facebook, WhatsApp, Instagram, and Threads.
4. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 264
NVIDIA Corporation (NASDAQ:NVDA) is among the 15 Best Big Name Stocks to Buy. It is the go-to company for firms looking for GPUs and semiconductors as they increase spending on artificial intelligence.
Institutional interest in the stock continues to grow. According to Insider Monkey’s database for Q4 2025, 264 hedge funds held a stake in the company, increasing from 234 in the prior quarter.
On the other hand, Wall Street remains bullish on NVIDIA Corporation (NASDAQ:NVDA) with a Strong Buy rating. As of the close of business on April 24, the company’s shares have an average upside potential of 31%.
Recent updates include Bernstein’s April 17 reiteration of its Outperform rating on the stock, with a price target of $300. This is a reaffirmation of the firm’s previous update in late February following the company’s solid fourth-quarter results.
In other news, the chip maker’s shares got a huge boost on Friday, with returns of over 4% after Intel reported upbeat first-quarter results, as other AI giants prepare for their quarterly earnings reports.
NVIDIA Corporation (NASDAQ:NVDA) is an AI infrastructure company engaged in accelerated computing aimed at addressing complex computational problems.
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 288
Alphabet Inc. (NASDAQ:GOOGL) is among the 15 Best Big Name Stocks to Buy. The Google parent is planning on investing up to $40 billion in Anthropic, the two companies said on Friday.
The agreement will see the tech giant providing an initial $10 billion in cash for a computing capacity expansion initiative, with the remaining amount dependent on meeting certain performance targets.
The development builds on an announcement earlier in the month by Anthropic about signing a deal with Broadcom and Google for multiple gigawatts of computing capacity, which is anticipated to come online from next year.
Following the news, both Needham and Jefferies reiterated their Buy ratings on Alphabet Inc. (NASDAQ:GOOGL), with price targets of $400.
As of the close of business on April 24, the stock is a Strong Buy with an average share price upside potential of 13%.
Alphabet Inc. (NASDAQ:GOOGL) owns several notable platforms, including Google Search, Google Maps, Gmail, and YouTube. The company is also known for pioneering work and research in cloud computing, quantum computing, and artificial intelligence.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 312
Microsoft Corporation (NASDAQ:MSFT) is among the 15 Best Big Name Stocks to Buy. Earlier this week, the company said it would offer voluntary buyouts to employees as job cuts continue to impact the tech industry amid rising AI spending.
According to reports, the software giant will give about 7% of its workforce the option of early retirement. Senior directors and below employees, whose age and number of years worked at the company are equal to or higher than 70 years, will be able to avail the program, according to CNN.
This is the first time that Microsoft Corporation (NASDAQ:MSFT) has offered such a program in its history. Eligible employees will be notified on May 7.
In other news, the stock continues to remain on analysts’ radar and currently sports a Strong Buy rating with an average share price upside potential of 36% as of the close on April 24.
Recent updates include a Thursday update from Guggenheim, which maintained a Buy rating on the tech giant with a price target of $586. Earlier during the week on April 22, Citigroup trimmed its price target to $600 from $635, citing multiple compressions. However, the firm reiterated its Buy rating for the stock.
Microsoft Corporation (NASDAQ:MSFT) develops software, services, devices, and cloud-based solutions and is renowned for products such as Windows, Azure, Office, LinkedIn, and Xbox.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 381
Amazon.com, Inc. (NASDAQ:AMZN) is among the 15 Best Big Name Stocks to Buy. Wall Street continues to have a bullish outlook on the company with a Strong Buy rating and an average upside potential of 9% for its shares, as of the close on April 24.
Recent updates include Oppenheimer, which on Friday raised its price target to $275 from $260 while maintaining an Outperform rating. The firm said it was positive on the company’s trajectory ahead of Q1 results while adding that the current share price was beginning to indicate an encouraging outlook for AWS following the CEO’s recent letter to shareholders.
Earlier, on April 23, UBS analyst Stephen Ju raised the price target on Amazon.com, Inc. (NASDAQ:AMZN) by $3 to $304 and reiterated a Buy rating. The firm noted the momentum driven by recent deals with Anthropic and OpenAI, which has led to an increase in backlog. According to TipRanks, the analyst also highlighted that growth estimates for AWS and 2027 operating income were well above Wall Street’s estimates.
In other news, Reuters on Friday reported that Meta had reached an agreement with Amazon to use AWS’s Graviton5 CPU chips. The deal is expected to be multi-year and worth billions of dollars.
Amazon.com, Inc. (NASDAQ:AMZN) engages in e-commerce, online advertising, cloud computing, artificial intelligence, and digital streaming. The stock has returned 17% year-to-date.
While we acknowledge the potential of AMZN to grow, 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 AMZN and that has 100x upside potential, check out our report about the cheapest AI stock.
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