5 High Growth Large-Cap Stocks To Invest In

This article presents an overview of the 5 High Growth Large-Cap Stocks To Invest In. For a detailed overview of such stocks, read our article, 17 High Growth Large-Cap Stocks To Invest In.

5. DexCom, Inc. (NASDAQ:DXCM)

Number of Hedge Fund Investors: 78

California-based DexCom, Inc. (NASDAQ:DXCM) makes glucose monitoring systems. UBS recently published a list of its top global stock picks. DexCom, Inc. (NASDAQ:DXCM) made it to the list of these stocks. UBS believes global stocks are expected to deliver mid- to high-single-digit returns by the end of 2024.

TimesSquare Capital U.S. Mid Cap Growth Strategy made the following comment about DexCom, Inc. (NASDAQ:DXCM) in its Q3 2023 investor letter:

“Our preference within Health Care is for novel therapies to address unmet medical needs, specialized providers, and innovators. New to the portfolio this quarter is DexCom, Inc. (NASDAQ:DXCM), a producer of glucose monitoring systems for people with diabetes. While GLP-1 drugs can help with weight loss, individuals with type 1 diabetes would remain insulin dependent. We used share price weakness as an opportunity to initiate the position.”