These are Raymond James' top stock picks for 2026
The investment firm added DoorDash and Shake Shack to its list of top stock picks for 2026, a recent note to clients shows.
TL;DR
- Raymond James's 2026 stock picks emphasize companies beyond the AI sector, aiming for higher returns.
- The firm favors equities in equal-weighted, small-cap, and mid-cap indexes due to more normal valuations.
- DoorDash is highlighted for its investments in new initiatives, platform development, and its acquisition of Deliveroo.
- Shake Shack is recommended due to its attractive valuation after a recent pullback and potential for growth catalysts.
- Intercontinental Exchange is expected to benefit from secular growth in energy futures and business diversification.