5 Most Profitable American Stocks to Buy in 2026

4. KLA Corporation (NASDAQ:KLAC)

Net Profit Margin: 35.66%

KLA Corporation (NASDAQ:KLAC) develops industry-leading equipment and services that enable innovation throughout the electronics industry. The company provides advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, and printed circuit boards.

On June 10, Cantor Fitzgerald raised its price target on KLA Corporation (NASDAQ:KLAC) from $2,000 to $2,500, while keeping an ‘Overweight’ rating on the shares. The target boost indicates a massive upside of over 951% from the current price level.

According to the analyst firm, the semiconductor equipment industry is in the “early innings of a multi-year supply-constrained and durable cycle”. Cantor noted that the industry outlook has improved significantly over the last three months, with bookings visibility now extending into 2028.

The analyst firm expects the leading-edge foundry and logic investments to be the primary growth drivers of the demand for wafer fabrication equipment. Moreover, it is projecting the major part of new wafer start investments in 2026 and 2027 to be concentrated in AI-driven logic applications.

Similarly, on June 11, Barclays analyst Tom O’Malley also lifted the firm’s price target on KLA Corporation (NASDAQ:KLAC) by $500 and reiterated an ‘Overweight’ rating on the shares (read more details here).