Citi’s stock-pick list has beaten the market 2 years running. Here are its 11 new selections for 2026.

• Citi compiles an annual large-cap stock list filled with buy-rated names.

• The group has beaten the S&P 500 over the last couple of years.

• Listed below are the 11 new additions to the stock basket for 2026.

Look no further for investing ideas in the new year.

A team of equity strategists at Citi said the bank just updated its Large Cap Recommended list — a group of 20 stocks compiled by the firm that has outperformed the S&P 500 over the last couple of years.

The list, which is made of large-cap companies analysts at the bank have rated as a “Buy,” returned 26% over the course of 2025, compared to the S&P 500’s 19% gain at the time the bank wrote the report.

Last year, the list fetched a 27% return, compared to the index’s 25% gain, the bank said in note to clients last week.

“We select stocks from the universe with a bottom-up fundamental methodology while incorporating our US Equity Strategy views,” strategists wrote, noting that the bank considered factors like a company’s balance sheet, growth prospects, and valuation when adding a company.

Strategists said the bank added 11 new stocks to its large-cap list, which reflected its broader market outlook for 2026. Here are the new names Citi now has its eye on:

Microchip Technology

Ticker: MCHP

YTD performance: +13%

Citi’s price target (expected return): $80 (+23%)

US Bancorp

Ticker: USB

YTD performance: +13%

Citi’s price target (expected return): $70 (+29%)

Affirm Holdings

Ticker: AFRM

YTD performance: +21%

Citi’s price target (expected return): $100 (+31%)

Delta Air Lines

Ticker: DAL

YTD performance: +17%

Citi’s price target (expected return): $77 (+10%)

Thermo Fisher Scientific Inc.

Ticker: TMO

YTD performance: +11%

Citi’s price target (expected return): $660 (+13%)

Boeing Co.

Ticker: BA

YTD performance: +28%

Citi’s price target (expected return): $265 (+19%)

Broadcom Inc.

Ticker: AVGO

YTD performance: +51%

Citi’s price target (expected return): $480 (+36%)

Linde PLC

Ticker: LIN

YTD performance: +3%

Citi’s price target (expected return): $520 (+21%)

Lam Research Corp

Ticker: LRCX

YTD performance: +140%

Citi’s price target (expected return): $190 (+8%)

Meditronic PLC

Ticker: MDT

YTD performance: +20%

Citi’s price target (expected return): $117 (+21%)

FirstEnergy Corp

Ticker: FE

YTD performance: +12%

Citi’s price target (expected return): $53 (+17%)

Read the original article on Business Insider