Investor Dan Niles recently shared his top stock picks for 2026 on CNBC’s “Money Movers.” He named Cisco Systems and Apple as key choices, noting their potential in the evolving tech landscape.
Niles regards Cisco as a standout. It’s the only stock he repeated from last year’s list. Cisco benefits from the growing demand for artificial intelligence (AI). Its revenue, which has grown modestly over the past several years, is projected to rise significantly—possibly reaching the high single digits by fiscal 2025. The company’s new silicon products are crucial for building AI-driven networks. As AI data flows increase, businesses will need to enhance their networks. Cisco’s shares have risen over 30% this year—a strong indicator of its ongoing relevance.
Apple also caught Niles’ eye. He noted the company’s innovations, especially its AI-enhanced Siri and potential foldable iPhones. While Apple’s stock only rose 9% in 2025, lower than the S&P 500 at around 17%, Niles thinks their late entry into AI might give them an edge over some competitors who are struggling.
Other interesting picks included Impinj, a manufacturer of radio-frequency identification (RFID) devices. This technology is gaining traction in grocery stores like Kroger and Walmart, revealing a vast market growth opportunity. Currently, apparel holds the largest share of the RFID market, with around 80 billion units sold annually. However, the food sector has the potential for growth beyond a trillion units.
Niles also pointed out Boeing, citing a backlog of orders worth $600 billion. This positions Boeing well as defense spending increases, particularly with projects like the proposed Golden Dome missile defense initiative.
Finally, Niles mentioned Nike. Following stock purchases from insiders, including CEO Elliott Hill, Nike’s shares saw a 5% boost recently. Hill, who returned to lead the company, is expected to focus on Nike’s core sports distribution and innovation, aiming to rejuvenate the brand after its 15% decline in 2025.
Key Takeaway
Investors should watch for how these companies adapt to emerging trends, especially in AI and technology. At the same time, keep an eye on market dynamics—like defense spending and retail technology—to understand future potential.
For more detailed insights, you can explore reports from CNBC and MarketWatch.
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Investment strategy,Stock markets,Cisco Systems Inc,Apple Inc,Impinj Inc,Boeing Co,Nike Inc,business news
