🎉30 $10B+ US Stocks Hit New Highs:AVGO, MS, GS Lead & Uptrend Drivers

As of Monday's market close, $Dow Jones(.DJI)$ dropped 0.4%, $S&P 500(.SPX)$ slipped about 0.3%, and $NASDAQ(.IXIC)$ edged down 0.1%, showed bearish performance. Data from TradingView shows that 30 companies with a market cap of over $10 billion have reached new highs.

• Focus on Federal Reserve policy: With the Fed meeting approaching this week, investors grew cautious. Many expect a rate cut — the odds priced in by traders remain very high.

• Treasury yields rose, bond market jitters: Continued selling pressure in U.S. Treasuries pushed long‑term yields higher, putting pressure on equity valuations.

• Market uncertainty dominates until the Fed decision: With corporate earnings season winding down and fewer imminent catalysts, investors seem to be waiting for clarity on monetary policy before committing more capital.

According to TradingView, on Monday, there were 30 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: $Broadcom(AVGO)$ $Morgan Stanley(MS)$ $Goldman Sachs(GS)$ $Capital One(COF)$ $Parker Hannifin(PH)$ $Carvana Co.(CVNA)$ $CRH PLC(CRH)$ $Bank of New York Mellon(BK)$ $Cummins(CMI)$ $Quanta(PWR)$

Looking at the specific data analysis:

• 9 companies with EPS dil growth rate over 30%: $Mueller(MLI)$ $Keysight(KEYS)$ $Goldman Sachs(GS)$ $Morgan Stanley(MS)$ $Bank of New York Mellon(BK)$ $Comfort Systems USA(FIX)$ $Broadcom(AVGO)$ $MasTec(MTZ)$ $Carvana Co.(CVNA)$

• 9 companies with negative EPS growth: $Capital One(COF)$ $BridgeBio Pharma, Inc.(BBIO)$ $Rockwell Automation(ROK)$ $Revolution Medicines, Inc.(RVMD)$ $EchoStar(SATS)$ $Natera(NTRA)$ $Teradyne(TER)$ $Electronic Arts(EA)$ $Roivant Sciences Ltd.(ROIV)$

• 2 company without EPS dil growth rate provided: $COHERENT(COHR)$ $Lumentum(LITE)$

In Conclusion

• On December 8th 2025, the record-high stock prices of these ten companies across various sectors reported strong growth driven by AI, technology, finance, and industrial developments.

• Broadcom saw a 22% revenue increase, fueled by AI semiconductors, while Morgan Stanley and Goldman Sachs posted solid results, benefiting from trading and investment banking fees.

• Eli Lilly, with a 54% revenue surge, and Johnson & Johnson, with a 12% increase, excelled in the pharmaceutical space.

• Parker Hannifin’s net income rose 32%, and Carvana’s revenue surged 42%. CRH raised its EBITDA guidance, while Bank of New York Mellon and Cummins reported strong revenue growth.

• Quanta’s record backlog and free cash flow highlight its solid performance despite higher execution risks in large-scale projects.

• These results reflect broad-based strength in sectors like AI, healthcare, finance, and infrastructure.

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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. $Broadcom(AVGO)$

• Core Business & Latest Business Developments: Business is split between high-performance semiconductors (AI XPUs, networking chips, storage and broadband) and mission-critical infrastructure software anchored by the VMware franchise. Latest developments centre on hyperscale AI: the company is sampling the industry’s first 2-nm AI XPU, shipping Tomahawk-6 switches that collapse data-centre network tiers, and has added a fourth hyperscaler customer that has already committed more than $10 billion of AI-rack orders for FY-26 delivery .

• Recent Financial Highlights: Q3 FY-25 revenue rose 22 % YoY to a record $16.0 billion, with AI semiconductor sales hitting $5.2 billion (up 63 % YoY) and now representing one-third of total revenue . Adjusted EBITDA grew 30 % to a record $10.7 billion (67 % margin) and free cash flow jumped 47 % to an all-time high $7.0 billion, funding a $2.8 billion quarterly dividend while still leaving room for the newly announced $10 billion share-repurchase programme.

  

2. $Morgan Stanley(MS)$

• Core Business & Latest Business Developments: A global investment bank organised around three engines: Institutional Securities (advisory, underwriting, sales & trading), Wealth Management (4+ million accounts, >$5 trillion client assets) and Investment Management ($1.5 trillion AUM). The firm is deepening its “integrated bank” strategy—cross-selling lending, cash-management and alternative investments inside the wealth channel, expanding electronic equities and fixed-income platforms for institutional clients, and growing E*TRADE’s self-directed base. Internationally, MS continues to build out its sustainable-finance franchise and recently launched a private-credit fund platform to capture middle-market demand.

• Recent Financial Highlights: Q3-2025 results released 15 Oct 2025 showed net revenue of $15.9 billion (+9 % YoY) and diluted EPS of $2.02, beating consensus on stronger trading and investment-banking fees. Wealth Management posted a pre-tax margin of 28 % on net new assets of $110 billion, while Institutional Securities rebounded with FICC sales & trading up 17 % and equity underwriting revenues doubling.

  

3. $Goldman Sachs(GS)$

• Core Business & Latest Business Developments: Global Banking & Markets (investment banking, trading, underwriting), Asset & Wealth Management, and Platform Solutions. The firm is doubling-down on “operating at scale with AI”: it has rolled out generative-AI tools to speed deal documentation, automate regulatory reporting and give clients real-time portfolio analytics, while internally using AI to tighten risk models. Management is also reallocating capital toward higher-ROE engines—recently selling the GreenSky consumer-loan book and shrinking the credit-card portfolio, while simultaneously expanding private banking, alternative-asset fundraising and middle-market leveraged-finance underwriting.

• Recent Financial Highlights: Q3-2025 net revenue hit a record $15.18 billion, up 20 % YoY, powered by a 42 % surge in investment-banking fees (M&A advisory +60 %, debt underwriting +38 %) and a 17 % rise in asset & wealth-management revenue to $4.4 billion. Net earnings jumped 37 % to $4.1 billion and diluted EPS reached $12.25, lifting ROTCE to 14.2 %. The firm returned $3.25 billion to shareholders through buy-backs and dividends and reiterated its 2025 efficiency target of <62 % while continuing to build capital under the new stress-buffer framework.

  

4. $Capital One(COF)$

• Core Business & Latest Business Developments: Capital One is a technology-led consumer bank whose core earnings engine is domestic credit-card lending (≈45 % of managed loans), supplemented by auto, commercial and retail banking. Latest strategic moves include completing the Discover Financial acquisition (expected 1H-26 pending regulatory sign-off), which would add a global payments network and scale card issuing; accelerating cloud migration to AWS to cut unit processing costs

• Recent Financial Highlights: Q3-2025 results showed the consumer cycle in transition: revenue rose 4 % YoY to $9.4 billion on higher card purchase volumes, but net income fell 22 % to $1.2 billion as the provision for credit losses increased to $3.0 billion (vs. $2.4 bn YoY) and net charge-offs ticked up to 5.1 %. Tangible book value per share still grew 7 % YoY to $81.70, CET1 capital remained strong at 12.2 %, and management raised the quarterly dividend 5 % to $0.60 while repurchasing $450 million of stock—underscoring excess capital even as credit costs normalise.

  

5. $Parker Hannifin(PH)$

• Core Business & Latest Business Developments: Parker serves two broad markets through its Diversified Industrial segment (hydraulics, pneumatics, filtration, seals for factory automation, off-highway, energy, life-science) and its Aerospace Systems segment (flight-control actuation, fluid conveyance, fuel & inerting systems). Management is leaning into the “Win Strategy™” playbook: pruning lower-margin North-American industrial assets。

• Recent Financial Highlights: In Q3 FY-25 (ended 31 Mar 2025) sales were $5.0 billion (+1 % organic) but net income jumped 32 % to a record $961 million and EPS rose 33 % to $7.37; adjusted segment operating margin hit an all-time high 26.3 % (+160 bp). Year-to-date operating cash flow is up 8 % to $2.3 billion, funding $650 million of share repurchases in the quarter and a 10 % dividend hike. Guidance for FY-25 now targets adjusted EPS of $26.60-$26.80, implying >20 % earnings growth despite flat sales.

  

6. $Carvana Co.(CVNA)$

• Core Business & Latest Business Developments: Carvana operates the largest fully-integrated online platform for buying and selling used cars—owning inventory, reconditioning, financing and last-mile delivery. The company is methodically unlocking network capacity built through the ADESA acquisition: 12 mega-sites are now integrated, cutting inbound transport miles 20 % and outbound miles 10 %, while 50 % larger inventory selection and AI-driven scheduling have reduced average delivery time by 0.7 days year-over-year.

• Recent Financial Highlights: Q2 revenue hit a record $4.84 billion (+42 % YoY) on 143,280 retail units (+41 %), driving net income of $308 million (6.4 % margin versus 1.4 % a year ago) and adjusted EBITDA of $601 million (12.4 % margin). Gross profit per unit rose $506 to $6,938, while operating income more than doubled to $511 million. For the full year Carvana now guides adjusted EBITDA to $2.0-$2.2 billion, up from $1.38 billion in 2024, underscoring the leverage of its vertically integrated, asset-light model.

  

7. $CRH PLC(CRH)$

• Core Business & Latest Business Developments: CRH is the world’s largest building-materials company, supplying cement, aggregates, ready-mix concrete and value-added products for infrastructure, commercial and residential construction across North America and Europe. Management is pushing a capital-light, value-accretion strategy: 2024 saw a $2.1 billion bolt-on acquisition in Texas, Oldcastle Infrastructure’s purchase of Cook Concrete to extend its Northern-California footprint, and the announcement that long-time CEO Albert Manifold will retire, with Jim Mintern taking the helm in 2025.

• Recent Financial Highlights: Q3 2025 revenue rose 5 % YoY to $11.1 billion, net income grew 9 % to $1.52 billion and adjusted EBITDA jumped 10 % to $2.7 billion; margin expanded to 24.4 %. On the strength of these numbers CRH raised its FY-25 adjusted-EBITDA guidance to $7.6-$7.7 billion and lifted the quarterly dividend 5.7 % to $0.37, marking the eighth consecutive year of dividend growth.

  

8. $Bank of New York Mellon(BK)$

• Core Business & Latest Business Developments: BNY Mellon is a custody-and-clearance powerhouse that sits at the centre of global markets, providing securities services, treasury/clearing, FX, collateral management, wealth and investment management in more than 100 countries. CEO Robin Vince is mid-way through a multi-year “strategic platforms” transformation—consolidating technology stacks, launching a new commercial-coverage model and completing the firm’s first acquisition in several years—while expanding data analytics and outsourced middle-office offerings to asset managers and private markets funds.

• Recent Financial Highlights: Q3 2025 revenue hit $5.08 billion (+9 % YoY, 2 % beat), EPS jumped 25 % to $1.88, and the pre-tax margin expanded to 36 % as costs rose only 4 %. ROTCE climbed to 25.6 %, assets under custody reached $57.8 trillion (+11 %), and the bank still returned $1.1 billion to shareholders while maintaining a CET1 ratio of 11.9 %.

  

9. $Cummins(CMI)$

• Core Business & Latest Business Developments: A design, manufacture and service of diesel-and natural-gas engines, electric/hybrid power-trains, filtration and turbochargers sold to OEMs, distributors and end-users worldwide. Latest developments centre on data-centre power demand: management expects total company data-centre-related revenue to jump 30-35 % in 2025 (to ~$3.4 billion) and has nearly doubled capacity for large engines; it also launched the new X10 platform, acquired First Mode’s hybrid-technology assets and introduced battery-energy-storage systems in the Middle East to broaden the low-carbon portfolio.

• Recent Financial Highlights: Q3 2025 results showed mixed end-markets: revenue slipped 2 % YoY to $8.3 billion, but Power Systems grew 18 % to $2 billion and Distribution set a record at $3.2 billion (+7 %). Reported EBITDA was $1.2 billion (14.3 % margin) after non-cash Accelera impairment charges; excluding those items EBITDA was $1.4 billion (17.2 % margin) and diluted EPS $5.85. Operating cash flow doubled to $1.3 billion, while tariff headwinds and softer North-America truck demand are expected to keep engine-segment margins around 8 % in Q4.

  

10. $Quanta(PWR)$

• Core Business & Latest Business Developments: Quanta is the leading specialty contractor for electric-power and renewable-energy infrastructure, providing design, build, upgrade and maintenance services across transmission, distribution, substations, wind, solar and gas pipelines throughout North America and Australia. The company is expanding its “Total Solutions” platform—recent joint ventures with Zachry to build gas-fired power plants and the integration of Cupertino Electric deepen its engineering-procurement-construction (EPC) capability for high-voltage lines and large-scale generation projects that feed AI data-centres and grid-modernization programmes.

• Recent Financial Highlights: Q3 2025 delivered double-digit growth across key metrics: revenue climbed to $7.6 billion (+12 % YoY), adjusted EBITDA rose to $858 million and adjusted diluted EPS hit $3.33 (vs. $3.26 consensus). Backlog reached a record $39.2 billion and free cash flow was $438 million. Management raised full-year guidance for the second consecutive quarter—2025 revenue is now expected at $27.8-$28.2 billion and free cash flow ~$1.5 billion—while noting pipeline work will be down and larger “total-solution” power jobs carry higher execution risk.

  

  

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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