10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw

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6. Tesla, Inc. (NASDAQ:TSLA)

D. E. Shaw’s Q1 2026 Stake: $1.6 billion 

Electric vehicle manufacturer Tesla, Inc. (NASDAQ:TSLA)’s shares are up by 37% over the past year and are down by 7.2% year-to-date. Barclays discussed the firm on June 25th as it kept an Equalweight rating and a $360 share price target. The bank outlined that Tesla, Inc. (NASDAQ:TSLA) could deliver 418,000 vehicles in its second quarter to beat analyst estimates. However, Barclays added that despite the beat, investors will be focused on the firm’s pivot to robotics, artificial intelligence, and the Robotaxi platform as opposed to the car deliveries. While vehicle deliveries remain a key portion of Tesla, Inc. (NASDAQ:TSLA)’s income statement, its CEO, Elon Musk, has asserted on multiple occasions that he plans to establish his company as a leader in humanoid robot production.

On July 7th, RBC Capital raised Tesla, Inc. (NASDAQ:TSLA)’s share price target to $500 from $475 and kept an Outperform rating on the stock. The bank discussed SpaceX and the potential for it to acquire the car company. SpaceX’s IPO and its massive market capitalization have generated speculation about such a deal, which makes Tesla, Inc. (NASDAQ:TSLA)’s upcoming earnings even more crucial when it comes to the earnings call.

While we acknowledge the potential of TSLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see 5 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw

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