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15 Most Profitable New Stocks Today

In this piece, we will take a look at the 15 most profitable new stocks today. For more stocks, head on over to 5 Most Profitable New Stocks Today.

The stock market is filled with thousands of stocks belonging to all kinds of firms. The Financial Industry Regulatory Authority (FINRA) classifies stocks trading in the public markets into five categories based on their market capitalization. At the very top are today’s corporate behemoths such as Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) whose market capitalization is in the billions of dollars. At the bottom are penny stocks or, as the FINRA describes them, micro stocks, which have a market capitalization that is less than $250 million.

When it comes to returns though, the largest companies often fall behind since most of their share price appreciation has already taken place. This is why there is significant interest in the Initial Public Offerings (IPO) of both small and large firms, as investors are eager to get in on the action early and then just wait and watch as their money grows by itself. One company that continues to see massive interest in an IPO is Space Exploration Technologies Corporation (SpaceX). So much so that CNBC has reported multiple times that a SpaceX IPO is likely. One report from 2020 quotes SpaceX chief Mr. Elon Musk as stating that an IPO is three to four years ahead. Then, another memo obtained by CNBC in 2022 quotes the same executive as saying that an IPO is still three to four years away.

While Mr. Musk quotes his fraught relationships with the stock market as being a key reason behind his hesitancy, thousands of companies have nevertheless taken the plunge and listed their shares on the stock market over the past couple of years. Out of these, some of the top performers in terms of profit are ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), Corebridge Financial, Inc. (NYSE:CRBG), and GLOBALFOUNDRIES Inc. (NASDAQ:GFS).

Photo by Nicol on Unsplash

Our Methodology

We used the Stock Analysis stock screener to sift out which firms have listed their shares on the stock market this year, in 2022, and in 2021. Stunningly, while there were 181 IPOs in 2022 and only 23 so far this year, in 2021 a whopping 1,035 firms went public. Out of all these companies, the top fifteen with the highest net income have been selected and presented. The net income figures were verified by looking at the companies’ latest press releases and SEC filings and Yahoo Finance for the trailing twelve month figures.

Most Profitable New Stocks Today

15. Stevanato Group S.p.A. (NYSE:STVN)

Trailing Twelve Month Net Income: $148 million (1EUR = 1.07USD)

Number of Hedge Fund Holders in Q3 2022: 5

Stevanato Group S.p.A. (NYSE:STVN) is a European healthcare firm. The company makes and sells drug delivery devices and diagnostic equipment among other products. It is based in Piombino Dese, Italy.

Stevanato Group S.p.A. (NYSE:STVN) announced in January 2023 that it has partnered up with another firm to add pre fillable syringes to its portfolio. Five of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey had invested in the firm.

Stevanato Group S.p.A. (NYSE:STVN)’s largest hedge fund shareholder is Israel Englander’s Millennium Management which owns one million shares that are worth $18.5 million.

Along with ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), Corebridge Financial, Inc. (NYSE:CRBG), and GLOBALFOUNDRIES Inc. (NASDAQ:GFS), Stevanato Group S.p.A. (NYSE:STVN) is a fresh and profitable stock.

14. TELUS International (Cda) Inc. (NYSE:TIXT)

Trailing Twelve Month Net Income: $183 million

Number of Hedge Fund Holders in Q3 2022: 7

TELUS International (Cda) Inc. (NYSE:TIXT) is a software company that provides customer relationship and experience management products such as chatbots. The firm is based in Vancouver, Canada.

TELUS International (Cda) Inc. (NYSE:TIXT)’s latest fiscal year saw the firm rake in $183 million in profits, which nearly doubled the 2021 earnings of $78 million. By the end of 2022’s September quarter, seven of the 920 hedge funds surveyed by Insider Monkey had invested in the firm.

13. Hayward Holdings, Inc. (NYSE:HAYW)

Trailing Twelve Month Net Income: $227 million

Number of Hedge Fund Holders in Q3 2022: 22

Hayward Holdings, Inc. (NYSE:HAYW) is an electrical equipment company that makes and sells products such as pumps, heaters, and filters. It operates out of Charlotte, North Carolina.

Hayward Holdings, Inc. (NYSE:HAYW) was in for some bad news in February 2023 as Stifel cut the firm’s share price rating to Hold from Buy but raised the price target to $13 from $11 outlining that 2023 will be a challenging year for the firm. As part of their Q3 2022 shareholdings, 22 of the 920 hedge funds polled by Insider Monkey had bought the firm’s shares.

By the end of Q4 2022, Hayward Holdings, Inc. (NYSE:HAYW)’s largest shareholder was Marc Lisker, Glenn Fuhrman, and John Phelan’s MSDC Management which owns 71 million shares that are worth $672 million.

12. Dream Finders Homes, Inc. (NYSE:DFH)

Trailing Twelve Month Net Income: $233 million

Number of Hedge Fund Holders in Q3 2022: 4

Dream Finders Homes, Inc. (NYSE:DFH) is a homebuilder based in Jacksonville, Florida. The company builds and sells single family entry and upper level homes.

Dream Finders Homes, Inc. (NYSE:DFH) is currently gearing up for the home buying season in Florida, as it introduced a new portfolio of units in St. Augustine in February 2023. By the end of last year’s September quarter, four of the 920 hedge funds part of Insider Monkey’s survey had invested in the firm.

Dream Finders Homes, Inc. (NYSE:DFH)’s largest investor in our database is Israel Englander’s Millennium Management which owns 278,323 shares that are worth $2.4 million.

11. Bridge Investment Group Holdings Inc. (NYSE:BRDG)

Trailing Twelve Month Net Income: $272 million

Number of Hedge Fund Holders in Q3 2022: 6

Bridge Investment Group Holdings Inc. (NYSE:BRDG) is a financial services firm that manages capital on the behalf of other firms. It is headquartered in Salt Lake City, Utah.

Bridge Investment Group Holdings Inc. (NYSE:BRDG) expanded its portfolio to also include secondary equity markets by buying out a firm that operates in the space in February 2023. Insider Monkey dug through 920 hedge funds for their Q3 2022 investments and found out that six had bought the firm’s shares.

Bridge Investment Group Holdings Inc. (NYSE:BRDG)’s largest investor is Israel Englander’s Millennium Management which owns 170,769 shares that are worth $2 million.

10. Olaplex Holdings, Inc. (NASDAQ:OLPX)

Trailing Twelve Month Net Income: $279 million

Number of Hedge Fund Holders in Q3 2022: 18

Olaplex Holdings, Inc. (NASDAQ:OLPX) is a retail company that makes and sells hair care products such as shampoos and conditioners. The firm is headquartered in Santa Barbara, California.

Olaplex Holdings, Inc. (NASDAQ:OLPX) is currently facing a bit of controversy as allegations of its products causing hair loss have surfaced. The firm CEO defended her company against these in February 2023 as she stated that these complaints are part of working in the hair businesses and they have no scientific basis. Insider Monkey’s third quarter of 2022 survey covering 920 hedge funds revealed that 18 had invested in the firm.

Olaplex Holdings, Inc. (NASDAQ:OLPX)’s largest hedge fund investor, as of Q4 2022, is Paul Marshall and Ian Wace’s Marshall Wace LLP which owns 3 million shares that are worth $15 million.

9. Playtika Holding Corp. (NASDAQ:PLTK)

Trailing Twelve Month Net Income: $290 million

Number of Hedge Fund Holders in Q3 2022: 26

Playtika Holding Corp. (NASDAQ:PLTK) is an Israeli video game company that is headquartered in Herzliya Pituah, Israel. The firm develops and sells video games for mobiles all over the world including the U.S., Middle East, and Europe.

Playtika Holding Corp. (NASDAQ:PLTK) is feeling the heat these days as the firm announced in February 2023 that it will shut down its Israeli studio and lay off 610 employees. 26 of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey had held a stake in the firm.

Playtika Holding Corp. (NASDAQ:PLTK)’s largest shareholder is Cliff Asness’ AQR Capital Management which owns 6.7 million shares that are worth $55 million.

8. RLX Technology Inc. (NYSE:RLX)

Trailing Twelve Month Net Income: $310 million (1CNY = 0.15USD)

Number of Hedge Fund Holders in Q3 2022: 8

RLX Technology Inc. (NYSE:RLX) is a Chinese company based in Beijing. The firm makes and sells electronic cigarettes, a growing alternative to tobacco based products.

RLX Technology Inc. (NYSE:RLX) commented on the recent Chinese regulations for the e-cigarette market at its earnings call for the third quarter of 2022 and shared that it working to integrate these along the value chain. Eight of the 920 hedge fund portfolios studied by Insider Monkey for 2022’s third quarter had invested in the firm.

Leonard A. Potter’s Wildcat Capital Management is RLX Technology Inc. (NYSE:RLX)’s largest shareholder. It owns 30 million shares that are worth $71 million.

7. Endeavor Group Holdings, Inc. (NYSE:EDR)

Trailing Twelve Month Net Income: $315 million

Number of Hedge Fund Holders in Q3 2022: 36

Endeavor Group Holdings, Inc. (NYSE:EDR) is an entertainment company with a variety of portfolios under its belt, including the popular Ultimate Fighting Championship (UFC) brand. The firm is based in Beverley Hills, California.

Endeavor Group Holdings, Inc. (NYSE:EDR) is reportedly interested in expanding its portfolio, as the firm is rumored to be looking to buy World Wrestling Entertainment, Inc – one of the most popular wrestling platforms in America. Insider Monkey’s September quarter 0f 2022 study of 920 hedge funds revealed that 36 had held a stake in the firm.

Endeavor Group Holdings, Inc. (NYSE:EDR)’s largest investor is Jim Davidson, Dave Roux, and Glenn Hutchins’s Silver Lake Partners which owns 91 million shares that are worth $2 billion.

6. Core & Main, Inc. (NYSE:CNM)

Trailing Twelve Month Net Income: $360 million

Number of Hedge Fund Holders in Q3 2022: 15

Core & Main, Inc. (NYSE:CNM) is an industrial equipment manufacturer that sells products for drainage, wastewater management, and fire protection to different entities. The firm is based in St. Louis, Missouri.

Core & Main, Inc. (NYSE:CNM) announced in February 2023 that it had decided to buy a geosynthetics company that also makes erosion control and drainage products. Insider Monkey dug through 920 hedge fund holdings for Q3 2022 to discover that 15 had invested in the firm.

In the fourth quarter of 2022, Robert Joseph Caruso’s Select Equity Group was Core & Main, Inc. (NYSE:CNM)’s largest investor with a $179 million stake that comes via 9.3 million shares.

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), Core & Main, Inc. (NYSE:CNM), Corebridge Financial, Inc. (NYSE:CRBG), and GLOBALFOUNDRIES Inc. (NASDAQ:GFS) are some of the most profitable new stocks today.

Click to continue reading and see 5 Most Profitable New Stocks Today.

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Disclosure: None. 15 Most Profitable New Stocks Today is originally published on Insider Monkey.

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

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.
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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…

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

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AI needs energy. Energy needs infrastructure.

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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.

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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.

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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.

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A New Dawn is Coming to U.S. Stocks

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…