Jim Cramer, the Mad Money host and former hedge fund manager, is known for his hot financial takes, but some of his latest investment recommendations might still surprise you. Here, we’ve covered two relatively underlooked stocks Cramer is still crazy about, based on his investment club discussions over the past few days.Procter & Gamble (PG)During the December 16 episode of Mad Money, Cramer singled out Procter & Gamble (NYSE: PG) as his favorite tech stock right now:“If you ask me what tech stock I like r ...

The technology sector has been a more than attractive buying opportunity after this year’s explosive run, and analysts believe the momentum is likely to continue next year. With that in mind, Finbold has come up with a list of the top three biggest tech stocks to buy in 2026.1. Alphabet (GOOGL)The first tech stock on the list is Alphabet (NASDAQ: GOOGL), so far the most impressive ‘Magnificent Seven’ stock this year, outperforming both its peers and the S&P 500 by a significant margin. At press time, GOOGL ...

Industry Overview - Quantum computing is entering a significant phase as the industry shifts focus towards scalability, real-world applications, and national strategic priorities by 2026 [1] - Governments are increasing funding for quantum technology, recognizing its importance for national security and AI sovereignty, while enterprises are testing quantum tools for complex optimization problems [2] Company Insights IonQ (NYSE: IONQ) - IonQ is positioned with a strong growth profile, advancing high-fidelity trapped-ion systems beyond 64 qubits through its acquisition of Oxford Ionics [3] - The company's revenue is increasingly derived from direct enterprise and government contracts, with Q3 2025 revenue reported at $39.9 million, a 222% increase year-over-year, despite a $1.1 billion net loss due to aggressive investments [4] - IonQ raised its 2025 revenue forecast to $106 million–$110 million, maintaining an adjusted EBITDA loss midpoint of about $211 million, with shares trading at $46, up over 6% year-to-date [4] D-Wave Quantum (NYSE: QBTS) - D-Wave focuses on application-driven strategies, enhancing the complexity of optimization problems with its Advantage2 system, which supports existing customers using quantum tools [6] - The company's deeper integration into enterprise workflows is leading to recurring usage and higher switching costs, with international expansion reducing reliance on U.S. government demand [7] - QBTS shares are up nearly 150% year-to-date, closing at $23.74 [7] Rigetti Computing (NASDAQ: RGTI) - Rigetti represents an asymmetric investment opportunity, with progress towards higher-fidelity modular superconducting systems potentially rebuilding investor confidence [10] - Recent government contracts, including a $5.8 million deal with the Air Force Research Lab for quantum networking, indicate growing confidence in Rigetti's technologies [10] - RGTI shares are up 17% in 2025, trading at $23, with expectations for positive developments that could lead to a sharp re-rating [11]

Core Viewpoint - Bank of America Securities has issued a cautious outlook for the S&P 500, projecting limited upside and an index target of 7,100 for 2026, which represents a gain of less than 5% from its recent close of 6,816 [1][4]. Group 1: Market Outlook - The bearish stance is attributed to expected valuation pressure across U.S. equities, with meaningful multiple compression anticipated due to concentration in large-cap technology and AI-linked stocks [4][5]. - Recent weakness in technology stocks is expected to persist as AI adoption disrupts the labor market, impacting consumption and earnings in consumer-facing sectors [5]. Group 2: Investment Strategy - Bank of America favors a defensive investment strategy for 2026, overweighting consumer staples while underweighting consumer discretionary stocks, which are more sensitive to household spending [6]. Group 3: Contrasting Views - This outlook contrasts with other major banks, such as JPMorgan, which projects the S&P 500 to reach 7,500 by the end of 2026, citing resilient economic growth and strong AI investment [7]. - Goldman Sachs has raised its target to 7,600, highlighting expanding corporate profits and AI-driven productivity gains [8]. - Morgan Stanley is notably bullish, projecting a target of 7,800, arguing that recent market pullbacks reflect valuation pressures rather than deteriorating fundamentals [9].

Core Viewpoint - Bank of America Securities has issued a cautious outlook for the S&P 500, projecting limited upside and an index target of 7,100 for 2026, indicating a gain of less than 5% from its recent close of 6,816 [1][4]. Group 1: Market Outlook - The bearish stance is attributed to expected valuation pressure across U.S. equities, with significant multiple compression anticipated due to concentration in large-cap technology and AI-linked stocks [4][5]. - Recent weakness in technology stocks is expected to continue as AI adoption disrupts the labor market, impacting consumption and earnings in consumer-facing sectors [5][6]. Group 2: Sector Preferences - The bank favors a defensive investment strategy for 2026, recommending an overweight position in consumer staples while underweighting consumer discretionary stocks, which are more sensitive to household spending [6]. Group 3: Contrasting Views - This outlook contrasts with other major banks, such as JPMorgan, which projects the S&P 500 to reach 7,500 by the end of 2026, driven by resilient economic growth and AI investment [7]. - Goldman Sachs has raised its target to 7,600, citing expanding corporate profits and AI-driven productivity gains [8]. - Morgan Stanley is notably bullish, projecting a target of 7,800, while UBS and Oppenheimer forecast the index to end around 7,500 and 7,100, respectively [9].

Tesla (NASDAQ: TSLA) has gained a lot of steam over the past month, and Wedbush’s Global Head of Technology Research, Dan Ives, argues the momentum is going to continue in 2026.Namely, in a post published on X on Monday, December 15, the analyst predicted that Tesla’s market cap could double and climb to $3 trillion in 2026, which, in his words, is shaping up to be a ‘monster year’ for the automaker.“Heading into 2026 this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begi ...

Core Insights - U.S.-listed cannabis stocks are gaining attention due to potential federal marijuana policy changes, specifically the reclassification of cannabis from Schedule I to Schedule III under the Controlled Substances Act [1][2] - This reclassification could lead to significant federal reforms, easing regulatory pressures, reducing taxes, and attracting institutional capital, which has already resulted in a rally in cannabis equities [2][3] Industry Overview - The potential rollback of Section 280E is a key factor, as it currently prevents cannabis companies from deducting ordinary business expenses, which would improve after-tax profitability and cash flow if reclassified [3] - Better access to banking and capital markets could support valuation expansion for financially disciplined operators [3][4] Company Analysis: Tilray Brands - Tilray Brands (NASDAQ: TLRY) is positioned to benefit from renewed optimism around federal reform, reporting approximately $200 million in revenue, with cannabis contributing nearly half [5] - The company achieved positive adjusted EBITDA of about $13 million and returned to net profitability, ending the quarter with over $400 million in cash and marketable securities [6] - Tilray's valuation is sensitive to regulatory changes, and it serves as a primary entry point for institutional investors, which could lead to accelerated capital inflows upon confirmation of reclassification [7][8] Company Analysis: Canopy Growth - Canopy Growth (NASDAQ: CG) is seen as a leveraged play on U.S. cannabis reform, with a stock rally of over 50% following regulatory news, closing at $1.74 [11] - For Q2 fiscal 2026, Canopy reported approximately $49 million in revenue, with adult-use cannabis revenue increasing by about 30% year-over-year and medical cannabis revenue rising roughly 17% [13] - Although still unprofitable, Canopy's adjusted EBITDA losses are narrowing, and its liquidity position has improved, with cash exceeding total debt by approximately $51 million [14][15]

Core Viewpoint - Goldman Sachs projects that the S&P 500 will surpass 7,600 by 2026, driven by expanding corporate earnings and accelerated AI adoption across the economy [1][3]. Group 1: S&P 500 Projections - Goldman Sachs raised its outlook for U.S. equities, forecasting an 11% growth from the last closing value of 6,827 to approximately 7,600 by 2026 [2]. - Morgan Stanley is even more optimistic, predicting the S&P 500 will reach 7,800 by the end of 2026, attributing recent market corrections to valuation pressures rather than weakening fundamentals [6]. Group 2: Earnings Growth - S&P 500 earnings per share are expected to increase by 12% in 2026 to about $305, with an additional 10% rise anticipated in 2027 [3]. - Productivity gains from AI are projected to contribute significantly to earnings growth, adding an estimated 0.4% in 2026 and 1.5% in 2027 [3]. Group 3: Key Contributors to Growth - Mega-cap technology stocks are expected to be the primary drivers of profit growth, with firms like Nvidia, Apple, Microsoft, Alphabet, Amazon, Broadcom, and Meta projected to account for roughly 46% of total earnings expansion in 2026 [4]. - There is an expectation of improving earnings momentum across the broader index, indicating a gradual expansion beyond just Big Tech [4]. Group 4: Market Sentiment and Risks - Despite a constructive outlook, potential risks include slower-than-expected Federal Reserve easing and pressure on corporate margins [5]. - Other Wall Street strategists generally expect the S&P 500 to trade near or above 7,000 in the medium term, although concerns about stretched valuations in large technology stocks and the risk of an AI-driven bubble remain [7].

Core Viewpoint - Concerns about a potential AI sector bubble are rising, with Advanced Micro Devices (AMD) showing early warning signs similar to its performance during the Dot-com era [1][4] AMD Stock Outlook - AMD's stock is approaching a multi-decade higher-highs trend line, historically indicating major market tops, with a recent higher high in its six-year uptrend viewed as a technical peak [2] - A bearish leg is anticipated, potentially driving the stock down to around $110 [2] - The current price structure is compared to the Dot-com era, suggesting a corrective phase may pull the stock toward its 100-month moving average, a significant long-term support level [4] Historical Context - Previous technology sector corrections were followed by a final parabolic surge, which could indicate that the AI cycle may still experience a strong upside phase after the current correction [5] Long-term Projections - For long-term investors, there is a potential for AMD to reach approximately $435 by around 2030 if historical patterns hold [6] AMD Stock Fundamentals - Despite recent stock pressure, AMD's fundamentals remain strong, with year-over-year revenue growth exceeding 30%, driven by data-center sales and a recovery in client computing [8] - Operating margins have improved due to a larger share of revenue from higher-value AI and server products [8] - Risks include U.S. export restrictions to China and increasing competition from Nvidia in AI accelerators and Intel in CPUs [8][9]

Core Viewpoint - Oracle's stock price experienced a decline following the release of its second-quarter earnings, despite beating expectations, due to weaker guidance and increased spending on AI infrastructure. However, some analysts remain optimistic about the stock's potential for recovery over the next year [1][2][3]. Financial Performance - Oracle reported adjusted earnings of $2.26 per share, exceeding Wall Street estimates, primarily due to a $2.7 billion sale of its Ampere stake [2]. - Revenue increased by 14% year-over-year to $16.06 billion, although it fell short of forecasts [2]. - The company raised its full-year capital expenditure outlook to $50 billion, mainly for AI-optimized data centers and cloud infrastructure [3]. Analyst Ratings and Price Targets - A total of 35 analysts have assigned a 'Moderate Buy' rating to Oracle, with 23 recommending 'Buy', 11 suggesting 'Hold', and one advising 'Sell' [4]. - The average 12-month price target is $298.43, indicating a potential upside of 57.09% from the last closing price, with the highest target at $400 and the lowest at $172 [4]. - Mizuho maintained an 'Outperform' rating with a $400 price target, citing that short-term concerns do not affect Oracle's long-term growth outlook [6]. - Scotiabank reduced its price target from $360 to $260 while keeping a 'Sector Outperform' rating, noting limited near-term earnings growth but maintaining a positive long-term view due to Oracle's scale and strategic advantages [7].