Full Signal 6 stocks to buy now from top-1% portfolio manager | Nancy Tengler, Laffer Tengler Investments
Dec 16, 2025
Nancy Tengler, CEO and CIO of Laffer Tengler Investments, brings four decades of Wall Street experience and top-tier portfolio management to the discussion. She shares her six high-conviction stock picks for 2026, highlighting the evolving tech landscape and AI's role in earnings growth. Tengler compares today's market to the dot-com bubble, warns about governance issues within OpenAI, and emphasizes Walmart as a tech-forward retailer. She also discusses AMD, DR Horton, and why cybersecurity, particularly CrowdStrike, is crucial in the AI era.
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1990s Parallel Fuels Bullish View
- Nancy Tengler sees strong parallels between today and the 1990s productivity-driven bull market.
- She argues current AI and CapEx waves can drive multi-year earnings expansion rather than a bubble.
Earnings Growth Is Broad, Not Narrow
- Tengler says earnings strength is real and not limited to hyperscalers; many firms are adopting AI to boost margins and product cycles.
- Old economy companies pivoting to technology are showing measurable margin and dividend improvement.
Walmart As A Technology Poster Child
- Walmart is Tengler's poster child for real AI and automation adoption in retail operations.
- She points to robots cleaning floors, stocking shelves, and AI-driven supply chains as proof of transformation.