Investors on the hunt for bargains in the current market selloff might want to consider chipmaker Nvidia (NVDA). Light Up your Portfolio with

To compile our list of most profitable large cap stocks, we searched for the publicly traded companies with the largest amount of net income generated in the latest financial year and ranked them accordingly. For each company we also include the number of hedge funds that own the stock, according to Insider Monkey’s database of Q4 2024.

Nvidia (NVDA) shares are extending gains on Friday after one of its major suppliers, Foxconn, issued guidance that confirmed the AI trade is far from over yet. The electronics maker known more formally as Hon Hai Precision Industry expects its AI server revenue to exceed 1 trillion New Taiwanese dollars or about $30 billion in 2025.