On March 5, Chris McMahon, President and CEO at Aquinas Wealth Advisors, appeared on a Schwab Network interview to discuss his investment strategy and outlook amidst the volatility. He expects the current war situation to cool down quickly and also believes that the oil prices would normalize sooner than expected. McMahon told Schwab Network that if we take a step back and look at the broader picture, the market is strong and presents a great opportunity for long term investment. He highlighted that companies are posting earnings and the interest rates are expected to come down, as McMahon believes two rate cuts in 2026.
McMahon further noted that while the market is expected to broaden out, he expects Microsoft among the Mag 7 to remain strong despite the rotation. He also highlighted that on the AI side sectors including AI infrastructure and energy companies have significant business opportunities. McMahon particularly noted liking Siemens in the AI energy sector and believes it is undervalued by the market.
With that, let’s take a look at the Best IT Stocks to Buy According to Wall Street Analysts.
Our Methodology
We used screeners to identify IT stocks with an average upside potential of at least 30%, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
11 Best IT Stocks to Buy According to Wall Street Analysts
11. NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best IT Stocks to Buy According to Wall Street Analysts. On March 4, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA)’s latest comments suggest that the company may be nearing the end of its investments in AI leaders OpenAI and Anthropic as both firms eye potential public listings.
At a recent Morgan Stanley conference, Nvidia CEO Jensen Huang noted that a $100 billion dollar investment in OpenAI is probably not in the cards as the company expects an IPO. He also noted that the $10 billion stake in Anthropic is likely Nvidia’s final one, amid reports of the startup’s potential public debut despite its ongoing Pentagon dispute.
In September 2025, Nvidia and OpenAI had discussed a potential $100 billion deal. However, Nvidia recently finalized a $30 billion investment deal calling it to be the last opportunity to invest in a “consequential company.” Moreover, a recent report by the Financial Times also suggests that Nvidia and OpenAI have abandoned their $100 billion deal considering the health of the AI sector.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
10. Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation (NASDAQ:MSFT) is one of the Best IT Stocks to Buy According to Wall Street Analysts. On February 26, Microsoft Corporation (NASDAQ:MSFT) announced that it is collaborating with ASUS and Dell to launch two new Cloud PC devices including the ASUS NUC 16 and Dell Pro Desktop.
Management highlighted that the Cloud PC devices are designed for seamless access to Windows 365 Cloud PCs. These PCs can boot directly into the cloud-hosted Windows environment, eliminating local data, apps, or admin access to minimize vulnerabilities. Microsoft launched Windows 365 Link in 2024, which pioneered this device category by allowing users to connect to their Cloud PCs in seconds through a locked-down OS called Windows CPC. The company has collaborated with ASUS and Dell to expand the Cloud PC device portfolio.
ASUS NUC 16 is a 0.7L mini-PC supporting up to three displays and is expected to be generally available in Europe and the US by Q3 2026. On the other hand, Dell Pro Desktop, is a fanless, durable design with three-display support and flexible mounting. It is expected to launch in 58 countries by Q3 2026.
Melius Research and Stifel recently downgraded the stock to Hold. You can read more here.
Microsoft Corporation (NASDAQ:MSFT) is an American technology company that specializes in AI-powered cloud, productivity, and business solutions. The company develops and markets software, services, and hardware.
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