10 Best Stocks to Buy for High Returns in 2026

​6. Advanced Micro Devices, Inc. (NASDAQ:AMD)

EPS Growth Next Year: 62.88%

Upside Potential: 35.29%

Number of Hedge Fund Holders: 115

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Stocks to Buy for High Returns in 2026. On January 5, Advanced Micro Devices, Inc. (NASDAQ:AMD) launched a new family of x86 chips for AI applications at the edge. The new family of processors is called Ryzen AI Embedded, which includes the P100 and X100 Series processors.

​Management noted that the new series targets automotive, industrial automation, healthcare, and physical AI systems such as humanoid robotics. Moreover, it stands out because the company has packed a high-performance CPU, GPU, and NPU into a single chip. Management noted that they have packed three components, including Zen 5 CPU cores, RDNA 3.5 GPU, and XDNA 2 NPU, into a single chip for compact and power-constrained environments.

​That said, Wall Street remains bullish on Advanced Micro Devices, Inc. (NASDAQ:AMD). On January 4, Blayne Curtis from Jefferies reiterated a Buy rating on the stock without disclosing any price targets. Earlier, on December 19, William Stein from Truist Financial also reiterated a Buy rating on the stock with a $277 price target.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company that manufactures GPUs, microprocessors, and high-performance computing solutions and serves a number of high-growth industries like gaming, data centers, and AI.