Morgan Stanley Best Stocks & Investment Themes for 2026



S&P 500 Index Outlook:
Benchmark: approximately 7,800 points
Bull Market: approximately 9,000 points

1. Core Recommended Stocks (High Confidence)

Amazon ($AMZN ) - Cloud computing AWS + dual core in e-commerce, direct beneficiaries of AI applications

Nvidia ($NVDA ) - Top target in the AI capital expenditure wave, industry still in early stages

Astera Labs ($ALAB ) - Key semiconductor connectivity solutions company in AI infrastructure development

Nasdaq ($NDAQ ) - Cyclical tailwind, expected significant revenue growth in 2026–2027

Appian ($APPN ) - Software company most likely to meet or exceed performance guidance in 2026

JFrog ($FROG ) - One of the companies most likely to "meet or surpass" in the software sector

2. Software Sector "Safety List"

Palantir ($PLTR ) - Profitability expectations achievable, very strong AI positioning

Snowflake ($SNOW ) - 2026 performance guidance realistic and feasible

MongoDB ($MDB ) - Solid fundamentals, targets achievable

Akamai ($AKAM ) - Steady performer, high credibility of guidance

⚠️ Cautious Reminder: Stocks with performance risks:

Datadog ($DDOG )

PagerDuty ($PD )

Is there still a big bull market next year?!
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