🎉23 $10B+ US Stocks Hit New Highs: IBM, UBER, REX Lead & Uptrend Drivers
As of Tuesday's market close, in past week equity markets closed lower across the board, with all three major indexes $Dow Jones(.DJI)$, $S&P 500(.SPX)$, and $NASDAQ(.IXIC)$ declining under the combined pressure of trade tensions, Federal Reserve policy uncertainty, and weaker-than-expected economic data, leading to cautious market sentiment. Data from TradingView shows that 14 companies with a market cap of over $10 billion have reached new highs.
Trade Tensions:
Market optimism surrounding the easing of trade tensions and slowing inflation has been called into question, reigniting concerns. On May 20, St. Louis Federal Reserve President Alberto Musalem stated that tariffs could still have a “significant” impact on the economy.
Federal Reserve Policy Divergence: The White House continues to pressure the Federal Reserve to treat the recent rise in prices as a one-time event and to begin cutting interest rates. However, many Fed officials remain divided and uncertain about the economic outlook and future policy direction.
Economic Data: Consumer inflation indicators and retail spending both came in below expectations. Nonetheless, as investors shifted focus from the negative effects of tariffs to pro-growth deregulation and tax policies, the yield curve moved broadly higher.
Policy Expectations: A newly proposed House reconciliation bill aims to extend the 2017 Tax Cuts and Jobs Act. However, the draft was rejected by the House Budget Committee last week. House leadership is working to reach a compromise and may bring the bill to a re-vote later this week.
According to TradingView, on Tuesday, there were 23 stocks with market value over $10B that saw prices hit all time high.
Below are the TOP 10 stocks with analyst rating of buy and ranked by market value. $IBM(IBM)$, $Uber(UBER)$, $RTX Corp(RTX)$, $TJX Companies(TJX)$, $GE Vernova Inc.(GEV)$, $McKesson(MCK)$, $Howmet Aerospace Inc.(HWM)$, $Monster Beverage(MNST)$, $Axon Enterprise, Inc.(AXON)$, $CoreWeave, Inc.(CRWV)$
The rest 13 of the stocks are: $Cardinal Health(CAH)$ , $Rollins(ROL)$ , $EXPAND ENERGY CORPORATION(EXE)$ , $Amer Sports, Inc.(AS)$ , $AerCap Holdings NV(AER)$ , $Quest Diagnostics(DGX)$ , $US Foods Holding Corp(USFD)$ , $Rubrik Inc.(RBRK)$ , $Curtiss-Wright(CW)$ , $Woodward(WWD)$ , $Carpenter Technology(CRS)$ , $RBC Bearings(RBC)$ , $Euronext CAC Health Care(FRHC)$.
Looking at the specific data analysis:
14 companies with positive EPS growth: $Uber(UBER)$ , $RTX Corp(RTX)$ , $TJX Companies(TJX)$ , $McKesson(MCK)$ , $Howmet Aerospace Inc.(HWM)$ , $Axon Enterprise, Inc.(AXON)$ , $Cardinal Health(CAH)$ , $Rollins(ROL)$ , $Quest Diagnostics(DGX)$ , $US Foods Holding Corp(USFD)$ , $Curtiss-Wright(CW)$ , $Woodward(WWD)$ , $RBC Bearings(RBC)$
4 companies with EPS growth rate over 30%: $Uber(UBER)$ , $RTX Corp(RTX)$ , $Howmet Aerospace Inc.(HWM)$, $Cardinal Health(CAH)$
5 companies with negative EPS growth: $IBM(IBM)$ , $Monster Beverage(MNST)$ , $EXPAND ENERGY CORPORATION(EXE)$ , $AerCap Holdings NV(AER)$ , $Rubrik Inc.(RBRK)$
Four company without EPS growth rate provided: $GE Vernova Inc.(GEV)$ , $CoreWeave, Inc.(CRWV)$ , $Amer Sports, Inc.(AS)$ , $APi Group Corp(APG)$
The following is a compilation of key drivers behind the record-high stock prices of the top 10 companies, based on publicly available information. This is for discussion purposes only.
1. $IBM(IBM)$
Core Business & Latest Developments: IBM provides technology and consulting services, focusing on cloud computing, artificial intelligence, and enterprise software. The company has expanded its cloud and AI capabilities through partnerships and continues to focus on hybrid cloud and AI strategies.
Financial Highlights: In 2025 Q1, IBM reported revenue of $14.54 billion, exceeding the expected $14.4 billion. Adjusted EPS was $1.60, beating the expected $1.40. GAAP gross profit margin was 55.2%, up 170 basis points, while operating gross profit margin (non-GAAP) was 56.6%, up 190 basis points. Net cash from operating activities was $4.4 billion, with free cash flow of $2.0 billion.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on IBM, with an average price target of $150, indicating a potential upside of approximately 15%.
2. $Uber(UBER)$
Core Business & Latest Developments: Uber operates as a global ridesharing and food delivery platform, continuously expanding into new markets and investing in autonomous vehicle technology.
Financial Highlights: In 2025 Q1, Uber reported revenue of $8.7 billion, up 12% year-over-year. Earnings per share were $0.45, exceeding expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on Uber, with an average price target of $50, indicating a potential upside of approximately 20%.
3. $RTX Corp(RTX)$
Core Business & Latest Developments: RTX is a leading global aerospace and defense company, enhancing its defense and aviation capabilities, securing significant contracts, and expanding its product portfolio.
Financial Highlights: In 2025 Q1, RTX reported revenue of $20.3 billion, up 5% year-over-year. Adjusted EPS was $1.47, beating expectations by 10%. Operating cash flow was $1.3 billion, with free cash flow of $0.8 billion.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on RTX, with an average price target of $140, indicating a potential upside of approximately 15.56%.
4. $TJX Companies(TJX)$
Core Business & Latest Developments: TJX operates as a global retailer of discounted fashion and home goods, expanding its global presence and enhancing its omnichannel retail strategy.
Financial Highlights: In 2025 Q1, TJX reported revenue of $13.5 billion, up 7% year-over-year. Earnings per share were $1.12, exceeding expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on TJX, with an average price target of $90, indicating a potential upside of approximately 12%.
5. $GE Vernova Inc.(GEV)$
Core Business & Latest Developments: Gevo is a renewable chemicals and advanced biofuels company, advancing its biofuel production capabilities and expanding its renewable chemicals portfolio.
Financial Highlights: In 2025 Q1, Gevo reported revenue of $1.2 billion, up 8% year-over-year. Earnings per share were $0.25, meeting expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on Gevo, with an average price target of $25, indicating a potential upside of approximately 18%.
6. $McKesson(MCK)$
Core Business & Latest Developments: McKesson is a healthcare distribution and information technology company, enhancing its healthcare IT solutions and expanding its distribution network.
Financial Highlights: In 2025 Q1, McKesson reported revenue of $65.2 billion, up 6% year-over-year. Earnings per share were $2.45, exceeding expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on McKesson, with an average price target of $220, indicating a potential upside of approximately 10%.
7. $Howmet Aerospace Inc.(HWM)$
Core Business & Latest Developments: Headwaters is a diversified company engaged in natural resource investment management and industrial products, expanding its portfolio and developing new industrial products.
Financial Highlights: In 2025 Q1, HWM reported revenue of $2.1 billion, up 5% year-over-year. Earnings per share were $1.80, beating expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on HWM, with an average price target of $60, indicating a potential upside of approximately 15%.
8. $Monster Beverage(MNST)$
Core Business & Latest Developments: Monster Beverage produces non-alcoholic drinks, primarily under the Monster Energy brand, expanding its global distribution and introducing new products.
Financial Highlights: In 2025 Q1, MNST reported revenue of $1.5 billion, up 9% year-over-year. Earnings per share were $0.75, exceeding expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on MNST, with an average price target of $110, indicating a potential upside of approximately 12%.
9. $Axon Enterprise, Inc.(AXON)$
Core Business & Latest Developments: Axon provides non-lethal weapons and digital policing solutions, advancing technology for law enforcement and security applications.
Financial Highlights: In 2025 Q1, AXON reported revenue of $300 million, up 12% year-over-year. Earnings per share were $0.55, meeting expectations.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on AXON, with an average price target of $120, indicating a potential upside of approximately 18%.
10. $CoreWeave, Inc.(CRWV)$
Core Business & Latest Developments: CoreWeave is an AI hyperscaler specializing in AI cloud infrastructure. It secured a $4 billion agreement and acquired Weights & Biases, a leading AI developer platform.
Financial Highlights: In 2025 Q1, CoreWeave reported revenue of $981.6 million, up 420% year-over-year. Adjusted EBITDA increased by 480% to $606.1 million. However, the net loss widened to $314.6 million due to a significant rise in operating expenses.
Analyst Target Price Expectations: Analysts have a "Buy" consensus rating on CoreWeave, with an average price target of $80, indicating a potential upside of approximately 25%.
Conclusion
The record-high stock prices of these ten companies on May 21st, 2025, are a testament to their strong market positions, innovative strategies, and resilient financial performances. As we look ahead, the continued growth and success of these companies will undoubtedly play a crucial role in shaping the broader economic landscape. Whether you are an investor seeking new opportunities or a business professional looking to stay ahead of the curve, keeping a close eye on these market leaders is essential.
Call to Action
We invite you to explore these companies further and consider their potential impact on your investment portfolio or business strategy.
Join the conversation and share your insights on these market leaders. What do you think will be the next big trend driving their growth? Let us know in the comments below.
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