Top Stocks: Wall Street’s Long-Term Picks
- Investors contended wiht bank earnings and geopolitical tensions this week, but the ongoing volatility may help uncover a few attractive stock picks.
- Stock ratings from top Wall Street analysts can help inform investors as they search for opportunities in the market. Thes experts arrive at their recommendations following a thorough...
- Here are three stocks favored by some of Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance.
Signage at teh Broadcom Inc. headquarters in San Jose, California, June 2, 2025.
David Paul Morris | Bloomberg | Getty Images
Investors contended wiht bank earnings and geopolitical tensions this week, but the ongoing volatility may help uncover a few attractive stock picks.
Stock ratings from top Wall Street analysts can help inform investors as they search for opportunities in the market. Thes experts arrive at their recommendations following a thorough analysis of the macro and micro factors affecting a company.
Here are three stocks favored by some of Wall Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.
Broadcom
This week’s first pick is Broadcom (AVGO), a semiconductor and infrastructure software provider. The company’s custom chips or Application-Specific Integrated Circuits, or ASICs, are seeing strong demand amid the ongoing artificial intelligence boom.
Following an investor meeting with Charlie Kawwas, president of Broadcom’s semiconductor solutions group, at the Consumer Electronics Show in Las Vegas, Bernstein analyst Stacy rasgon reiterated a buy rating on Broadcom stock with a price target of $475. TipRanks’ AI Analyst has an “outperform” rating on AVGO stock with a price target of $393.
The meeting made Rasgon conclude that investor concerns about the impact of rising competition and customer-owned tooling on Broadcom’s AI positioning are “hugely overblown and that the company is unlikely to be dethroned in the ASIC space anytime soon.”
While Broadcom acknowledges that Nvidia (NVDA) is innovating faster than anyone else, Rasgon noted that the company is confident about being the only partner that can help XPU customers keep up. With innovation related to 3D chip stacking and 400G SerDes to a massive supply chain and in-house substrate production, Broadcom is progressing in a way that no one can match, the five-star analyst noted.
Broadcom is also expected to benefit from the growing demand for Alphabet-owned Google’s ($GOOGL) tensor processing units, or TPUs, given its partnership with Google in developing these chips.Rasgon highlighted Kawwas’ commentary about TPU v7 (ironwood) shipments rising from hundreds of thousands of units in 2025 to “many many millions” in 2026. He added that TPU v8 shipments are expected to touch hundreds of thousands of units per month in a few months, and millions by the end of this year. Also, Rasgon noted that the $73 billion order figure given at AVGO’s earnings release is substantially higher today.
rasgon ranks No. 120 am## Analyst Highlights Airbnb and Meta Platforms as top Picks for 2026
This analysis is based on data published as of January 17, 2024, and reflects the latest verified status as of January 18, 2024, at 13:24:29 UTC.
### Airbnb (ABNB)
according to the source,analyst James Walmsley identifies Airbnb as a top pick. The article references TipRanks for insider trading activity related to airbnb. As of January 18, 2024, Airbnb’s stock price is approximately $156.79 (source: CNBC). There have been no significant breaking news events regarding Airbnb as of the update time.### Meta Platforms (META)
James Walmsley also recommends Meta Platforms (formerly Facebook) as a top idea for 2026. He reiterated a buy rating with a price target of $815. TipRanks‘ AI Analyst has an “outperform” rating with a price target of $753.As of January 18, 2024, Meta’s stock price is approximately $331.31 (source: CNBC).
Walmsley anticipates positive revisions and multiple expansion as Meta demonstrates returns on its AI investments. He notes improved advertising ROIs, optimism surrounding Meta Business AI and WhatsApp monetization, and benefits from AI/ML in ad targeting. He also expects improvements in large language models and cost management within Reality Labs.
As of January 18,2024,there are no breaking news events significantly altering the outlook for Meta Platforms.Recent news focuses on Meta’s AI developments and competition within the social media landscape (source: Reuters).
### James Walmsley (Analyst)
The analysis centers around the investment recommendations of James Walmsley. Further information regarding his affiliation and track record was not readily available from the provided source and requires independent verification.