12 Best Stocks to Buy and Hold for 2026

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

EPS Growth 2026: 62.32%

Analyst Upside Potential: 38.78%

Number of Hedge Fund Holders: 115

​Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Best Stocks to Buy and Hold for 2026. The share price of Advanced Micro Devices, Inc. (NASDAQ:AMD) has slid 13.97% during the past month. However, Wall Street maintains a positive opinion on the stock, with analysts’ 12 month price target reflecting 38.7% upside from the current levels.

​On December 17, Louis Miscioscia from Daiwa reiterated a Buy rating on the stock with a $300 price target. Earlier on December 16, Cantor Fitzgerald and Bank of America Securities also reiterated a Buy rating on the stock. However, both firms reduced the price targets. Cantor Fitzgerald reduced the price target from $350 to $300, and BofA lowered the target from $300 to $260.

​Analyst Vivek Arya of BofA noted that the reduced price target reflects the firm’s updated outlook across the United States semiconductor stocks. The firm sees 2026 as the midpoint of an 8 to 10-year-long AI infrastructure cycle. However, BofA expects volatility in 2026, driven by increased investor scrutiny regarding return on investment and hyperscale cash flow. On the bright side, the firm expects that the volatility will be balanced by increased demand for large language model developers and AI factory expansions.

​On the other hand, C J Muse from Cantor Fitzgerald noted that the Philadelphia Semiconductor Index is expected to outperform the S&P 500 by about 30 points in calendar year 2025. He noted that this outperformance is driven by the increased demand for AI compute, networking, memory, and equipment sectors. Although the analyst remains cautious in the short-term due to mixed signals, the macro environment remains robust, driven by increased demand for AI infrastructure. Therefore, Muse remains overweight on Advanced Micro Devices, Inc. (NASDAQ:AMD).

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.