In this article, we will look at the 9 Good Stocks to Buy Now.
On March 21, Tom Lee, CIO at Fundstrat, appeared on a CNBC Television interview to discuss the market potential amid the war. Despite the volatility and more than 7% year-to-date decline in the S&P 500 index, Lee maintains his target of 7,700 for the index. He noted that the 7,700 was already a modest target and assumed only modest P/E expansion. Moreover, the market has already been re-pricing the stocks on a P/E basis due to the volatility. Lee also highlighted that, despite the war creating major setbacks in the market and on monetary policy, history tells us that such events have been beneficial for the US economy and stock market.
Lee believes that once we enter the second half of 2026, investors will be thinking less about the war and more about the opportunities. He elaborated that in times of conflicts, investors can easily list down all the major threats to the stock market, and the negative impact gets priced in the market very quickly. However, the threats are always counterbalanced with opportunities. Lee quoted that during the past 8 major conflicts involving the US, the market was bottoming very early in the conflict, but recovered quickly.
With that, let’s take a look at 9 Good Stocks to Buy Now.
Our Methodology
We used quality factor ETFs, including iShares MSCI USA Quality Factor ETF, to identify good stocks, 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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
9 Good Stocks to Buy Now
9. KLA Corporation (NASDAQ:KLAC)
Number of Hedge Fund Holders: 67
KLA Corporation (NASDAQ:KLAC) is one of the Good Stocks to Buy Now. KLA Corporation (NASDAQ:KLAC) held its analyst day on March 12, where the company reaffirmed its fiscal Q3 2026 outlook and also announced its 2030 targets. The stock has gained more than 9% since the analyst day.
Following the event, Wolfe Research reiterated an Outperform rating on the stock with a price target of $1,800. During the event, management reaffirmed its fiscal Q3 guidance of revenue around $3.35 billion, along with a non-GAAP gross margin of around 61.75%.
The company noted that the industry environment for calendar year 2026 remains strong across all segments. Management noted that they expect Wafer Equipment, incl. The Advanced Packaging industry during calendar year 2026 to be in the range of $135 billion to $140 billion, up around 11% year-over-year. Moreover, the calendar year 2027 is also expected to remain strong with a growth rate similar to or higher than that of 2026.
Similarly, management also presented its 2030 target that indicates revenue of around $26 billion along with an EPS of $84. These targets rely on a $215 billion wafer fab equipment market, KLA’s process control share gains, rising inspection intensity, and service growth accelerating to 13% to 15% annually. Wolfe Research noted that DRAM inspection intensity and advanced logic checks will rise due to AI-driven compute and memory needs.
KLA Corporation (NASDAQ:KLAC) is involved in the supply of process control and yield management solutions for the semiconductor and related nano-electronics industries.
Hedge Fund Resource Center