Best Tech Stocks To Buy

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Best Tech Stocks To Buy

Best Tech Stocks To Buy In 2026

Tech stocks are always loved by investors because they offer higher growth than most other stocks. With that in mind, analysts believe that Broadcom (AVGO) and Taiwan Semiconductor (TSM) are ideal stock picks for the year 2026.

So, let's take a closer look at Broadcom (AVGO) and Taiwan Semiconductor (TSM) stocks to understand why they are a good pick.

Broadcom (Avgo)

Broadcom (AVGO) has taken a different route than AMD or Nvidia. So, Broadcom (AVGO) isn't your usual manufacturer of general-purpose chips. Instead, Broadcom (AVGO) specializes in developing custom AI chips for its clients.

The chips made by Broadcom (AVGO) are known as ASICs, and they are optimized for different use cases. Depending on the requirements, Broadcom (AVGO) can make highly specialized chips at affordable rates.

So, the lower rates give an edge to Broadcom (AVGO) as the prices will attract cost-conscious customers. So, there's a good chance that Broadcom (AVGO) will also capture a chunk from the AI market.

The last quarter data showed a 63% y/y increase in revenue just from the custom chip division. So, if you are looking for a solid tech stock to own in 2026, Broadcom (AVGO) can be a good option.

Taiwan Semiconductor (Tsm)

lot of companies can't even manufacture their own chips, and that's where Taiwan Semiconductor (TSM) comes into play. Taiwan Semiconductor (TSM) is a 3rd party foundry that manufactures the chips for all the leading players.

So in a sense, we can say that Taiwan Semiconductor (TSM) is essentially a neutral player. This means it doesn't matter which companies emerge as the winner in the chip race; Taiwan Semiconductor (TSM) can always benefit.

The data from Q3 shows that the revenue of TSM increases 41% y/y. This was mainly due to the higher demand for AI computing hardware.

As per the forecasts, companies like AMD and Nvidia are expected to grow based on higher chip demand. So, the obvious winner out of this equation is TSM, which makes it a good tech stock.

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