Top Wall Street analysts believe in the potential of these stocks despite macro woes

TipRanks highlights Nvidia (NVDA), Zscaler (ZS), and Salesforce (CRM) as top stock picks based on recommendations from highly-rated Wall Street analysts. Despite headwinds from chip export restrictions impacting margins, Nvidia's data center revenue is projected to grow, driven by AI demand and the Blackwell platform. Zscaler's fiscal third-quarter results exceeded expectations due to demand for its Zero Trust Exchange platform, leading to an increased full-year outlook. Salesforce reported strong first-quarter revenue and earnings, raised its full-year forecast, and is seeing rapid AI adoption, particularly with Data Cloud and Agentforce.

Analysis

Top Wall Street analysts, as tracked by TipRanks, highlight Nvidia, Zscaler, and Salesforce as compelling long-term investments capable of navigating current market volatility. Nvidia (NVDA) reported market-beating Q1 FY26 results, demonstrating resilience in its AI infrastructure demand despite chip export restrictions to China; while a $4.5 billion write-down on H20 inventory impacted margins and EPS, its core data center revenue, excluding H20 shipments, is projected by JPMorgan to grow approximately 16% quarter-over-quarter in the July quarter, driven by robust AI spending and strong demand for its Blackwell platform, which is expected to surpass supply for many quarters. Cybersecurity firm Zscaler (ZS) surpassed fiscal third-quarter expectations, fueled by demand for its Zero Trust Exchange platform and AI security solutions, prompting an upgraded full-year outlook for revenue, profitability, and billings; the company's emerging products are approaching $1 billion in annual recurring revenue (ARR), and it maintains strong large customer momentum, with the number of customers generating over $1 million of ARR increasing 23% year-over-year. Salesforce (CRM) also delivered better-than-projected revenue and earnings for Q1 FY26, raised its full-year forecast, and announced an $8 billion acquisition of Informatica; the company is experiencing significant AI adoption, with Data Cloud and AI ARR rising over 120% year-over-year, and is re-investing AI-driven cost savings into accelerating sales capacity growth, a move interpreted by TD Cowen as a signal of strong demand and expected higher growth next year, supported by management's indication of double-digit pipeline growth.

Key Decisions for Investors

• Given Nvidia's strong underlying data center growth and AI leadership despite export-related headwinds, investors could consider its long-term prospects while monitoring margin recovery post-inventory write-downs and the sustained demand for the Blackwell platform.
• Zscaler's robust performance, particularly in emerging products and large customer acquisition, alongside a raised full-year guidance, suggests continued strength in the cybersecurity sector, making it a candidate for growth-oriented portfolios, though vigilance on execution amidst tight IT budgets remains prudent.
• Salesforce's accelerating AI adoption, strategic Informatica acquisition, and renewed focus on sales growth fueled by AI efficiencies present a positive outlook; investors might view these developments as supportive of future growth, while assessing the integration of Informatica and the translation of pipeline growth into revenue.
• Considering the optimistic analyst sentiment and specific growth drivers identified in AI and cybersecurity for these firms, investors should evaluate these opportunities within the context of ongoing macroeconomic uncertainty and their individual risk tolerance.