16 Stocks to Buy Now‼️ July 2026
Summary
Jeremy begins by discussing his expectations for AMD stock, particularly leading up to its earnings report on August 4th. Jeremy anticipates that AMD will show "incredibly strong" performance into these earnings, assuming a stable or slightly uptrending market, driven by expectations of the "most exciting guidance number" in a long time, especially regarding GPU and CPU demand. While Jeremy acknowledges the potential for the stock to reach a "six in front of it" before earnings, he later reveals his long-term strategy to "cash the majority of my AMD shares over the next six to nine months" due to concerns about a potential flattening or decrease in capital expenditures (capex) by 2028 across the industry.
Jeremy then presents a list of 16 stocks recommended for buying and holding until July 2026, highlighting them as a well-diversified portfolio spanning growth, value, and dividend stocks. Jeremy ranks these stocks based on current attractiveness, with some being more controversial than others.
Jeremy then summarizes discussions with Wall Street strategists Tom Lee and Mike Wilson. Jeremy acknowledges Tom Lee's bullish outlook for July, driven by strong Q2 earnings, with a potential S&P 500 target of 8,000-8,800 by year-end. However, Jeremy expresses skepticism regarding Tom Lee's prediction of a "bear market" feeling decline (potentially 20%) between August and October, emphasizing that such declines are rare and represent great buying opportunities. Jeremy believes a bear market is more likely *next year* than this year.
Regarding Mike Wilson's views, Jeremy highlights the advice not to get overly caught up in commodity calls, specifically oil. Jeremy agrees with the assessment that the massive capital expenditures by hyperscalers (like Amazon, Meta, Google, Microsoft) are unsustainable long-term, anticipating a "come to a head" situation by 2027 or 2028 where capex numbers will flatten or decline. This long-term view directly influences Jeremy's plan to exit most of his AMD position in the coming months. Jeremy also notes Mike Wilson's expectation for semiconductor stocks to "correct" by 30-40% in the near term, and a broadening trade favoring small caps and banks. Jeremy suggests preparing for market volatility and potentially hedging portfolios if the market runs too heavily into Q4.
Mentioned Stocks
Reasoning: Jeremy "really likes Nike" and recommends it, especially at a price point "in the 40s."
Reasoning: Jeremy considers Celsius the "best buy right now," especially if the stock is available "in the 30s or in the 20s."
Reasoning: Jeremy considers Amazon, trading "in the 200s," a "very easy buy right now" for long-term investors (5 years plus), anticipating it will be "dramatically higher than where they're at" in the long run.
Reasoning: Jeremy states Meta, trading "in the 500s," is a "very easy buy right now" for long-term investors focused on a 5-year plus horizon, expecting it to be "dramatically higher than where they're at" over that period.
Reasoning: Jeremy ranks E.L.F. as the "next best buy" after Celsius, specifically when trading "in the 70s."
Reasoning: Jeremy includes Cake in his recommended list of 16 stocks to buy and hold, noting its price point "in the 70s."
Reasoning: Jeremy expects AMD to be "incredibly strong into the earnings" on August 4th, assuming a decent market. He anticipates "the most exciting guidance number AMD is going to have reported in a long time," driven by strong GPU and CPU demand, which Jeremy believes Wall Street is underestimating. Jeremy suggests there's potential for AMD to go "into the earnings with a six in front of it" (implying a price above $600) due to significant momentum and hype around guidance. However, Jeremy also states he intends to "cash the majority of my AMD shares over the next six to nine months" because he believes capital expenditure for hyperscalers will likely flatten or decline by 2028, impacting demand for semiconductor components.
Reasoning: Jeremy lists SoFi "in the teens" as the "next best buy" on his ranked list.
Reasoning: Jeremy considers Whirlpool one of the "least attractive" of his top 16, but highlights its "pretty dramatic upside over the next 1 to two years" to potentially double from "the 30s to like the 60s," assuming a recovery in the housing market which is currently "dead."
Reasoning: Jeremy "really likes Salesforce," noting it as a "very hated stock right now" and an attractive buy "in the hundreds."
Reasoning: Jeremy identifies Estee Lauder "in the 80s" as the "next best buy" after E.L.F.
Reasoning: Jeremy includes American Express in his recommended list of 16 stocks to buy and hold, noting its price transition from "the 300s, now in the hundreds," indicating an attractive current valuation.
Reasoning: Jeremy "really likes Service Now," also classifying it as a "very hated stock right now" that presents a buying opportunity.
Reasoning: While Jeremy ranks PayPal among the "least attractive" of the 16, he strongly asserts that the stock is "dirt cheap," especially at a price point "in the 40s," implying significant value potential.
Reasoning: Jeremy finds The Honest Company "very, very attractive" if purchased "in the threes," as he believes the stock will exit this year "in the fives or a five plus."
Reasoning: Jeremy includes Bath & Body Works in his recommended list of 16 stocks to buy and hold, suggesting an attractive entry point "in the 20s or below."
Reasoning: Jeremy finds Netflix "insanely attractive right now in the 70s," calling it "a gift" at its current trading level.