5 Multibagger Stocks to Buy According to Wall Street Farooq Fri, November 13, 2026 at 4:32 PM EST 7 min read ^IXIC -0.91% ^VIX +3.21% ORCL -1.90% MU -3.63% SNDK -6.88% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Wall Street's AI trade just had one of its worst weeks in years. Politics and inflation hit it at the same time. The Nasdaq Composite posted its deepest one-day drop since April 2025 last week, after Democrats swept the midterm elections and investors began weighing tougher scrutiny of AI and limits on data center construction. The Cboe Volatility Index climbed to a seven-month high the same day.
Stocks first cheered the election. They closed sharply higher the day after the vote because the result cleared up political uncertainty. Then chipmakers and data center operators fell, even as the biggest, cash-rich AI spenders rose. A slower buildout eases cash demands on the companies doing the spending, but it squeezes the operators and suppliers whose growth depends on fast construction.
Scott Chronert, head of US equity strategy at Citi Research, said a change in the pace of the data center buildout changes the basic path for many of those suppliers. Our list of oversold AI stocks where Wall Street analysts see 50% upside or more covers more of the group.
Inflation added a second worry. The Labor Department said consumer prices rose 0.4% in October, a third straight gain of 0.4% or more. Economists polled by Reuters had expected 0.3%. Markets now fully price in a Federal Reserve rate increase of at least 25 basis points in December, up from 84% a day earlier, according to CME FedWatch.
Fed Governor Christopher Waller said the central bank should raise rates in December even if inflation had cooled. He said a half-point move should be considered if the picture worsened. Jason Ware, chief investment officer at Albion Financial Group, said investors began to wonder whether the Fed worried more about inflation than they did, and sold some stocks.
The rout wiped out trillions of dollars in market value and clouded the outlook for a global economy the AI boom has been supporting. Readers following the chip side of the trade can find more names in our list of the best semiconductor stocks to buy for the next decade. Ahead of the Fed's December meeting, traders expect about two more quarter-point increases in total this cycle, according to LSEG data.
We shared the expanded list of 10 Multibagger Stocks to Buy According to Wall Street here. You can find the top 5 stocks below.
For this article, we used Finviz to screen for US-listed stocks with an average upside potential of at least 75% upside, as of November 11, 2026. We ranked the 10 with the most upside in ascending order of this metric. We also list each stock's number of hedge fund holders as of Q2 2026, from our database of 1,006 hedge funds.
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Average Upside Potential: 97%
Number of Hedge Fund Holders: 119
Stephens analyst Brett Huff upgraded Oracle to Overweight from Equal Weight on November 2 and raised his price target to $213 from $185. Oracle's investor day settled his biggest worry: how it will pay for its AI cloud buildout. New capital raises are capped at $20 billion, lower than he feared, and he expects free cash flow to come in higher.
At the same event, management set a fiscal 2030 revenue target of $225 billion or more and said free cash flow should turn positive in the second half of fiscal 2028. The stock jumped about 11% that day.
Oracle sells the databases and business software many large companies run on, and it now rents out AI computing capacity too. Its long-standing database customers give it a ready base to sell cloud services into. We also examined whether Oracle's economic moat is widening or narrowing.
Average Upside Potential: 98%
Number of Hedge Fund Holders: 98
Cantor analyst C.J. Muse cut his price target on Western Digital to $625 from $900 on October 23 and stayed at Overweight. He raised his earnings estimates. The lower target reflects valuation compression, not weaker earnings.
Western Digital sells the high-capacity hard drives that cloud companies fill with data, and its latest quarter beat its own guidance. Fiscal first-quarter revenue rose 55% to $4.38 billion, and adjusted earnings per share jumped 161%. Chief Financial Officer Kris Sennesael credited strong exabyte growth and better pricing. Management guided to $5.80 in adjusted earnings per share at the midpoint for the next quarter.
The risk sits in its own filings: revenue comes mostly from cloud customers and a small group of top buyers. Our take on whether Western Digital is a good or bad investment at today's price covers the valuation.
Average Upside Potential: 106%
Number of Hedge Fund Holders: 71
Rosenblatt analyst John McPeake reiterated a Buy rating and a $160 price target on CoreWeave on November 11. He said the third-quarter results and management's comments answered the main worries about funding and profitability.
CoreWeave rents AI computing power to companies that train and run models. Revenue rose 168% in the quarter, and its backlog of contracted work reached $132.5 billion. Chief Executive Officer Michael Intrator said the company raised prices 25% and then another 10%.
Debt keeps bears wary. Chief Financial Officer Nitin Agrawal said CoreWeave does not plan to issue more unsecured debt at the parent level at current yields through 2027, because interest costs rise again next quarter. For more on whether CoreWeave's balance sheet can keep pace with its backlog, see our earlier piece.
Average Upside Potential: 110%
Number of Hedge Fund Holders: 184
Bernstein analyst Mark Li reiterated a Buy rating and a $1,300 price target on Micron on November 4. He points to multi-year visibility from contract pricing. Citi analyst Atif Malik also rated the stock Buy with a $1,300 target on October 29. He expects stronger-than-expected DRAM pricing on the roughly 60% of output outside long-term agreements, with supply still short of demand.
The stock jumped 13% in a day this week after customer CoreWeave raised its 2026 revenue outlook and eased fears that AI spending is slowing. Micron also joined a $26 billion group of investors backing Anthropic's IPO.
Micron makes the DRAM and NAND memory chips that store data in servers, phones and PCs, and it sells the high bandwidth memory used beside AI processors. DRAM has only a few big makers: Micron, SK Hynix and Samsung. We took up why the stock trades at such a low earnings multiple despite high margins in a piece on what Wall Street may be missing.
Average Upside Potential: 132%
Number of Hedge Fund Holders: 128
Bernstein analyst Mark Newman has kept an Outperform rating and a $3,000 price target on Sandisk since the company beat its own earnings guidance.
Sandisk makes the NAND flash chips used in solid-state storage, and data centers are buying them faster than it can make them. Fiscal first-quarter revenue topped $11 billion, and adjusted earnings of $49.51 per share beat the company's own guidance. Chief Executive Officer David Goeckeler raised his forecast for data center demand growth this year.
The stock has not cheered. It has fallen about 51% in a month as memory and AI names sold off, and partner Kioxia warned that flash price gains are fading. An 8-for-1 stock split takes effect later this month. Whether a peak is already in the price is the debate, and our look at whether a peak is already priced into Sandisk's stock covers it.
While we acknowledge the risk and potential of SNDK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Click to continue reading and see the expanded list of 10 Multibagger Stocks to Buy According to Wall Street.
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