In this article, we will look at the 8 Unstoppable Technology Stocks to Buy Now.
On March 30, David Sekera, CFA, from Morningstar, released a research report highlighting the US stock market Q2 2026 outlook. Sekera noted that the firm was expecting 2026 to be much more volatile compared to 2025. However, they didn’t expect the war to put the outlook into effect so early in the year. He noted that based on the 700 stocks under Morningstar’s coverage, the US stock market now trades at a 12% discount to its fair value estimates.
Sekera added that although the valuation is attractive, the prices have come down due to the macroeconomic and geopolitical issues. He noted that until a resolution is reached between Iran and the US, further rallies in the stock market are expected to be limited. Sekera noted that much of the progress the market has made during the past 2 years was driven by artificial intelligence. However, much of that enthusiasm has already been priced in the market, and now investors are looking for companies that can translate the capital expenditure on AI into revenue growth.
The analyst noted that although the technology, especially the software sector, was hit hard since the start of 2026, Morningstar has raised the fair value estimates for several companies in the space. He elaborated that this is because many hyperscalers have pitched in higher expenditure plans for 2026, which has propelled the expectations of the AI buildout boom for the year even higher than 2025.
With that, let’s take a look at the 8 Unstoppable Technology Stocks to Buy Now.
Our Methodology
To curate the list of 8 Unstoppable Technology Stocks to Buy Now, we used the Finviz stock screener, Yahoo Finance, and Insider Monkey’s hedge funds database. Using the screener, we aggregated the list of technology stocks that have gained more than 50% over the past 6-months. Next, we cross-checked the performance from Yahoo Finance and ranked the stocks in ascending order of performance. We have also added the hedge fund sentiment around each stock sourced from Insider Monkey’s database.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
8 Unstoppable Technology Stocks to Buy Now
8. Ciena Corporation (NYSE:CIEN)
Number of Hedge Fund Holders: 71
Ciena Corporation (NYSE:CIEN) is one of the Unstoppable Technology Stocks to Buy Now. On March 23, Stifel analyst Ruben Roy raised the firm’s price target on Ciena Corporation (NYSE:CIEN) from $320 to $430, while maintaining a Buy rating on the shares.
The rating comes after the analyst attended the company’s investor breakfast and met with the management at OFC 2026. The firm came back with an incrementally constructive view of the company and appreciated management’s efforts towards execution, strategy, and technology roadmap.
Stifel noted that the OFC 2026 was a meaningful event for the company as it showcased its products and discussed strategy. The firm highlighted Ciena’s AI‑networking and optical‑technology portfolio, which includes higher‑capacity optics, AI‑driven network management, and data‑center interconnect solutions. The analyst sees these developments as a reinforcement of its already bullish view of the company after its fiscal Q1 2026 results.
During the quarter, Ciena Corporation delivered 33.09% year-over-year revenue growth to $1.43 billion and topped Wall Street’s expectations by $28.88 million. The EPS of $1.35 also topped expectations by $0.18.
Ciena Corporation builds and sells networking hardware, software, and related services that help telecom and other network operators increase capacity, automate operations, and deliver better services.
7. Seagate Technology Holdings plc (NASDAQ:STX)
Number of Hedge Fund Holders: 74
Seagate Technology Holdings plc (NASDAQ:STX) is one of the Unstoppable Technology Stocks to Buy Now. On March 30, JPMorgan initiated coverage of Seagate Technology Holdings plc (NASDAQ:STX) with a Buy rating and a price target of $525.
The firm said in a research note that they see significant potential for the company to exceed its earnings consensus estimates. This bullish view is based on the robust demand for hard disk drives from hyperscalers, driven by increased capital expenditure. Moreover, the company is also set to benefit from favorable pricing trends. The firm expects the company to deliver 25% annual revenue growth and 50% annual operating earnings growth over the mid-term.
Moreover, JPMorgan expects the storage exabyte to grow by mid 20% annually, reflecting a significant improvement from the historic growth rate of low-teens. The firm noted that this improved outlook is based on the increased demand for storage as AI buildout unfolds.
Seagate Technology Holdings plc (NASDAQ:STX) is a data storage hardware and infrastructure company specializing in mass-capacity solutions. It designs and manufactures high-performance hard drives, solid-state drives, and edge-to-cloud platforms. By providing essential storage for everything from enterprise data centers to personal gaming rigs, it enables the secure management of massive digital footprints.
5. Sandisk Corporation (NASDAQ:SNDK)
Number of Hedge Fund Holders: 75
Sandisk Corporation (NASDAQ:SNDK) is one of the Unstoppable Technology Stocks to Buy Now. On March 25, Sandisk Corporation (NASDAQ:SNDK) announced that its subsidiary Sandisk Technologies has entered an agreement to acquire around 139 million shares of Nanya Technology Corporation, worth roughly $1 billion.
Nanya Technology Corporation is a Taiwan-based DRAM maker, and the agreed deal translates to 3.9% stake of Nanya’s fully diluted shares. The company noted they are buying the shares at a 15% discount to the company’s 30-day trading average, and the deal is also in compliance with Taiwan’s Securities and Exchange Act.
According to the terms of the agreement, Sandisk won’t be able to sell or transfer shares for 3 years after the deal, except in limited cases allowed by Taiwanese law. In addition to this purchase, both companies have also entered a multi-year strategic supply deal, which will see Nanya supplying DRAM to the company.
Sandisk Corp. is a semiconductor and flash storage hardware company. It specializes in NAND flash technology, designing solid-state drives and embedded storage solutions for everything from enterprise data centers and cloud service providers to mobile devices, automotive systems, and IoT applications.
5. Western Digital Corporation (NASDAQ:WDC)
Number of Hedge Fund Holders: 79
Western Digital Corporation (NASDAQ:WDC) is one of the Unstoppable Technology Stocks to Buy Now. According to a March 26 report by CNBC, memory stocks saw a sell-off after Google unveiled its TurboQuant on Tuesday, March 24.
Western Digital Corporation has fallen around 17% since Tuesday. The report noted that TurboQuant is a new compression method introduced by Google, which is said to reduce the amount of memory required by large language models by approximately six times. CNBC noted that the new method reduced the amount of memory required by reducing the key value cache.
Following the release, major memory stocks including SK Hynix and Samsung witnessed a 6% and 5% drop in share price, respectively. The sell-off reflects investor fears that such techniques can lower the demand for memory chips, which are heavily used by hyperscalers to train AI and large language models. According to CNBC, Ray Wang, a memory analyst at SemiAnalysis, noted that the launch of TurboQuant does not necessarily mean that AI would require fewer memory chips. He elaborated that this development is focused on improving model effectiveness and hardware performance.
Sandisk Corp. is a semiconductor and flash storage hardware company. It specializes in NAND flash technology, designing solid-state drives and embedded storage solutions for everything from enterprise data centers and cloud service providers to mobile devices, automotive systems, and IoT applications.
4. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders: 85
Corning Incorporated (NYSE:GLW) is one of the Unstoppable Technology Stocks to Buy Now. On March 19, UBS reiterated a Buy rating on Corning Incorporated (NYSE:GLW) with a price target of $171.
UBS maintained its bullish sentiment on the stock after attending the Optical Fiber Communications conference, where the firm met with fiber producers, sellers, and other major players in the industry. After the conference, the firm released a research note highlighting that the demand for fiber remains very strong. UBS added that experts are calling the fiber market a seller’s market, indicating that the supply remains limited compared to the demand.
The firm noted that this narrative supports pricing power and visibility into Corning’s optical‑communications segment. Investors had become more cautious about how quickly fiber will replace copper inside AI racks. However, UBS’s conversations with hyperscalers and optical suppliers were “mixed,” with some expecting faster adoption and others slower. Moreover, UBS also noted that Nvidia’s GTC roadmap showed continued investment in both copper and optical inside the rack.
Corning Incorporated is a global manufacturer of specialty glass, optical communications, display technologies, and materials for the telecommunications, automotive, semiconductor, and life sciences industries. The company operates in five main business segments.
3. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 104
Lam Research Corporation (NASDAQ:LRCX) is one of the Unstoppable Technology Stocks to Buy Now. On March 11, Lam Research Corporation (NASDAQ:LRCX) presented at the Cantor Fitzgerald Global Technology & Industrial Growth Conference. At the conference, management highlighted its AI-driven growth, operational strengths, and future opportunities.
Management noted growing fiscal 2025 revenue by 40% year-over-year, which surpassed the market growth rate of 10%. Notably, the gross margins also exceeded the target model of 50% in multiple quarters last year. Management noted that its Customer Support Business Group now generates around one-third of the company’s revenue and has shown 13% 5-year CAGR growth.
Looking ahead, the company noted that they expect the wafer fabrication equipment market to hit $135 billion in 2026, primarily driven by AI compute demand. Moreover, beyond the $135 billion WFE forecast, dry resist technology offers a $1.5 billion opportunity over the next five years, with early DRAM wins.
Lam Research Corporation, founded in 1980, is a California-based company specializing in semiconductor processing equipment for the use in fabrication of integrated circuits.
2. Applied Materials, Inc. (NASDAQ:AMAT)
Number of Hedge Fund Holders: 111
Applied Materials, Inc. (NASDAQ:AMAT) is one of the Unstoppable Technology Stocks to Buy Now. On March 13, Applied Materials, Inc. (NASDAQ:AMAT) reported that its Board of Directors approved a 15% increase in the quarterly dividend. As a result, the company will now pay a quarterly dividend of $0.53, up from the previous payout of $0.46. The dividend will be payable on June 11, 2026, to shareholders of record from May 21, 2026.
Management noted that this increase marks the 9th consecutive year of dividend increase. Brice Hill, SVP and CFO, highlighted that the dividend per share has more than doubled compared to four years ago. He emphasized the company’s strength in generating robust cash flow, which supports both shareholder payouts and investments for growth.
Moreover, over the past 10 years, the dividend per share has compounded at 18% annually. The company has returned nearly 90% of its free cash flow to shareholders through dividends and share buybacks.
Applied Materials, Inc. is a leader in materials engineering solutions engaged in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.
1. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders: 137
Micron Technology, Inc. (NASDAQ:MU) is one of the Unstoppable Technology Stocks to Buy Now. On March 27, Micron Technology, Inc. (NASDAQ:MU) announced roughly $35.5 million in community investment in Central New York. The investment is aimed at supporting various areas, including housing, transportation, childcare, education, and more.
Management noted that this investment ties with their massive megafab chip factory project in Clay, New York. The factory is expected to create 50,000 jobs and drive regional growth. The company noted that the investment is part of its collaboration with Green CHIPS Community Investment Fund. The fund aims for a total of $500 million investment comprising $250 million from Micron, $100 million from New York State, and $150 million from others.
Management also noted that this investment builds upon the $30 million Housing Central New York Fund by the state, along with a $8.5 million in investments announced on March 27.
Separately, on March 20, Argus raised the firm’s price target on Micron Technology, Inc. from $320 to $540, while maintaining a Buy rating on the stock. The firm noted exceptional growth by the company, driven by strong demand from AI.
Micron Technology, Inc. designs and manufactures memory and storage solutions used across data centers, AI systems, and consumer devices.
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