Tom Lee Unveils 2026 Stock Picks, Sees S&P 500 Reaching 7,900-8,000
Updated
Updated · CNBC · Aug 20
Tom Lee Unveils 2026 Stock Picks, Sees S&P 500 Reaching 7,900-8,000
2 articles · Updated · CNBC · Aug 20
Summary
Fundstrat on Tuesday published Tom Lee’s 2026 stock ideas across large-, mid- and small-cap names, while also flagging five stocks investors should avoid.
Lee tied the list to a bullish market view, saying stock momentum should accelerate as the S&P 500 trades near records and could climb to 7,900-8,000 by end-August, up 2.5%-4% from Wednesday’s close.
JPMorgan, Lumentum and Arista were among the favored names: JPMorgan is up about 10% this year, Lumentum more than 130%, and Arista roughly 42%, helped by AI spending and data-center demand.
Robinhood, Galaxy Digital and Riot Platforms were among the stocks to avoid, reflecting Fundstrat’s caution on crypto-linked names as digital-asset prices weaken; Robinhood is down nearly 16% year to date.
The call comes after the S&P 500 hit a record 7,816.70 this month on strong earnings and Strait of Hormuz reopening optimism, even as rising global bond yields have recently pressured stocks.