In this article, we will explore the 10 Best Major Stocks to Buy According to Wall Street Analysts.
The Mag 7 stocks, with their stretched valuations and lackluster 1-year performance, have recently gone out of favor among both analysts and the general public. The changing dynamics in the AI infrastructure arena meant smaller companies operating in a niche environment received more attention, until the geopolitics-induced volatility gave everyone a reality check.
The S&P 500 dropped more than 8% before recovering, confirming that this was just a correction rather than a sustained downturn. As a result of this correction, many companies started trading at more reasonable valuations and became attractive again because of their solid fundamentals. This was also pointed out by Goldman Sachs and JP Morgan analysts. As reported by Bloomberg on April 14, both research firms in their research notes to investors pointed out the narrowing valuation gap:
“J.P.Morgan also noted that the valuation premium for the so-called “Magnificent Seven” cohort of stocks had narrowed sharply, with their forward price-to-earnings ratio for the group falling to 1.2x the S&P 500 from 1.7x.”
We decided to look at the opportunities presented by blue-chip stocks and therefore made a list of the 10 best major stocks to buy, according to Wall Street analysts.
Photo by osamu nakazawa on Unsplash
Our Methodology
To compile our list of the best major stocks to buy according to Wall Street analysts, we reviewed major ETFs known to hold high-quality, blue-chip stocks. These funds focus on large-cap, durable businesses with qualities such as consistent earnings growth, strong moats, and pricing power.
We then used the Insider Monkey Q4 Hedge Fund Database and the stocks’ analyst upside to ensure these stocks were popular among hedge funds and had significant analyst upside. The stocks are ranked in ascending order of their share price upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Note: All share price data in the article is as per market close on April 17.
10. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM)
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) released its March 2026 revenue figures on April 10, reporting strong growth driven by continued demand for AI-related products. The company posted consolidated revenue of NT$415.19 billion for the month, marking a 45.2% increase compared to March 2025. On a sequential basis, revenue also rose sharply by 30.7%.
For the first quarter of 2026, covering January to March, total revenue came in at NT$1,134.10 billion. This was slightly higher than estimates of NT$1.12 trillion and represented a 35.1% increase compared to the same period last year. The strong performance shows ongoing strength in AI demand, which continues to be a key driver of the company’s growth.
According to CNN’s analyst ratings compilation, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is currently covered by 51 analysts on Wall Street and enjoys a consensus Buy rating. Based on analyst estimates, the stock has a median price target of $450, reflecting an additional 21.5% upside from the current levels. The most bullish estimate suggests an upside of up to 48.5%.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is the world’s largest semiconductor foundry and is engaged in the manufacturing of semiconductor chips. These chips are used by companies across several end markets, including personal computers and peripheral products, consumer electronics, wired and wireless communications systems, and automotive and industrial equipment.
9. Apple Inc. (NASDAQ:AAPL)
Bloomberg reported on April 13 that Apple Inc. (NASDAQ:AAPL) is currently testing four different designs for its AI-powered smart glasses. The move is aimed at competing with products from Meta Platforms. The designs being explored include a large rectangular frame similar to Ray-Ban Wayfarers and a slimmer rectangular version inspired by the glasses of the company’s CEO, Tim Cook. They also include both larger and smaller oval or circular styles.
Apple Inc. (NASDAQ:AAPL) is aiming to position the product as a more premium offering, with deep integration with the iPhone to enhance user experience. The company is also considering a unique camera design, featuring vertically oriented oval lenses with surrounding lights. This would help distinguish it from Meta’s current design. Internally called N50, the glasses are expected to be unveiled by late 2026 or early 2027. A commercial launch is planned for 2027.
Bloomberg’s Mark Gurman said:
If executed properly with a functional Siri, these glasses could follow a trajectory similar to the Apple Watch: not first to market, but ultimately dominant.
The prototypes are reportedly made from more durable acetate material, and Apple Inc. (NASDAQ:AAPL) is testing multiple finishes, including ocean blue, black, and light brown.
Apple Inc. (NASDAQ:AAPL) operates as a manufacturer, designer, and marketer of smartphones, tablets, PCs, wearables, and accessories. It provides a range of products, including iPhone, iPad, Mac, Apple-branded & third-party accessories, and others. The company also provides AppleCare support & cloud services, and advertising services.
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