12 Best Multibagger Stocks to Buy in 2026

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6. MACOM Technology Solutions Holdings Inc. (NASDAQ:MTSI)

Year-to-Date Performance: 120.87%

MACOM Technology Solutions Holdings Inc. (NASDAQ:MTSI) is one of the best multibagger stocks to buy in 2026. On April 27, MACOM Technology Solutions announced it will enter into Long-Term Supply Agreements/LTSAs with IQE plc for epitaxial services across multiple technologies. The agreements are designed to enhance MACOM’s supply chain resilience and secure necessary materials to support its long-term corporate growth strategy.

In tandem with the LTSAs, MACOM will execute a £45 million financing transaction with IQE consisting of equity and a convertible loan note, subject to regulatory clearances and customary closing conditions. This capital injection is intended to strengthen IQE’s balance sheet, and MACOM will secure a seat on IQE’s board of directors as part of the investment.

Based in Lowell, Massachusetts, MACOM Technology Solutions Holdings Inc. (NASDAQ:MTSI) designs and manufactures semiconductor products tailored for telecommunications, data center, industrial, and defense applications. Management noted that the transaction reinforces a critical supplier relationship while positioning IQE for improved financial performance across its business.

MACOM Technology Solutions Holdings Inc. (NASDAQ:MTSI) provides analog semiconductor solutions used in wireless and wireline applications across radio frequency, microwave, millimeter wave, and lightwave technologies.

While we acknowledge the potential of MTSI 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 MTSI and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Multibagger Stocks to Buy in 2026.

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