We recently compiled a list of the Why These 10 Large-Cap Stocks are Skyrocketing. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against the other large-cap stocks.
On January 23, Mike Bailey, FBB Capital Partners director of research, appeared on CNBC where he shared his outlook on the large caps. Bailey was happy with how the macroeconomic conditions were looking for the United States, especially with the job growth, in 2025 and beyond.
He particularly remained confident that large caps were better positioned to report earnings growth than the small caps, especially when looking for long-term growth and expectations of exceeding goals.
Ten companies in diverse sectors such as the financials, healthcare, technology, and energy industries, locked in overall positive market gains due to supportive market conditions, macroeconomic environment, and growth potential. That said, let’s take a look at the 10 large-cap stocks that happen to be skyrocketing.
To come up with the 10 names, we only considered stocks with a market capitalization of more than $10 billion. We then shortlisted the stocks based on their performance in the past quarter and picked the top 10 with the highest 30-day return from December 22, 2024, to January 22, 2025.
A software engineer wearing a headset, collaborating with a remote team on a project.
MicroStrategy Incorporated (NASDAQ:MSTR)
30-day Return as of January 22, 2025: 17.1%
MicroStrategy Incorporated (NASDAQ:MSTR) is a bitcoin treasury company that also provides business intelligence, mobile software, and cloud-based software services to businesses. MSTR grew by 17% over the past 30 days, with a share price of $389.1, up from $332.23 on December 2, 2024.
On January 21, the company purchased another $1.1 billion worth of bitcoin, bringing its total to 461,000 bitcoin. In an impressive feat, this is the 11th consecutive week of MSTR making a Bitcoin purchase. Analysts are also bullish on the stock and their median price target implies an upside of 46%.
The company’s bold moves in hoarding bitcoin, such that the stock has gained 2,500% since its bitcoin buying spree kicked off in 2022, are expected to continue in 2025, positioning it for remarkable growth ahead. In addition to that, only a day ago, the new administration chose pro-crypto Mark Uyeda as acting SEC Chair, who just launched a crypto task force to discover new crypto policies.
Overall MSTR ranks 7th on our list of the large-cap stocks that are skyrocketing. While we acknowledge the potential of MSTR as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSTR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
