economy
Tom Lee's favorite buy ideas heading into the fall
Fundstrat Global Advisors founder Tom Lee is still bullish on the stock market as the fourth quarter approaches.
TL;DR
- Tom Lee of Fundstrat Global Advisors is bullish on the stock market for the upcoming fourth quarter.
- Fundstrat has released its top large, small, and midcap stock picks for 2026, selected via a quantitative model and Investor's Business Daily momentum ratings.
- Stocks recommended by Fundstrat include JPMorgan Chase, Lumentum Holdings, and Arista, with specific reasons tied to AI expenditures, photonics technology, and cloud networking.
- Fundstrat advises investors to avoid stocks like Robinhood Markets, Galaxy Digital, and Riot Platforms due to their connection to the volatile crypto market.
- Lee's predictions for the S&P 500 have been accurate, with the index recently reaching levels he forecast for 2026.