10 Stocks That Will Make You Rich in 2026

5. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 115

Analyst Upside Potential: 34.37%

Advanced Micro Devices, Inc. (NASDAQ:AMD) is among the Stocks That Will Make You Rich in 2026. Wall Street has a bullish outlook on Advanced Micro Devices, Inc. (NASDAQ:AMD) with analysts 12 month price target reflecting more than 34% upside from the current level. The bullish sentiment is mainly based on the upcoming Helios rack and the overall positive outlook on the AI trade.

Recently, on December 19, William Stein from Truist Financial reiterated a Buy rating on the stock with a price target of $201.06. Earlier, on December 15, Harsh Kumar from Piper Sandler reiterated a Buy rating on the stock with a $280 price target.

William Stein of Truist noted that the AI sector faces major challenges related to the power constraints and the investment to build the power infrastructure. However, the analyst believes that the semiconductor stocks still remain relatively cheap considering their growth potential. Moreover, Stein also sees upside for the sector heading into 2026, driven by increased capital expenditure.

Similarly, Piper Sandler also remains bullish on Advanced Micro Devices, Inc. (NASDAQ:AMD). The firm noted several catalysts for the company, including the company’s ability to ramp up its MI300 series ramp and technical traction for the upcoming MI400 series launch. The firm also expects significant near-term upside from the upcoming Helios rack, expected to launch by mid 2026.

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.