BTIG Highlights Athleisure, Cybersecurity Picks Among Top Stocks for H2 2026

BTIG expects that some of the recent market rallies will continue to gain momentum, while other stocks may experience turnarounds, as it unveils its top picks for the second half of 2026. Although technology shares drove the rebound after the U.S.-Iran war lows in late March, sectors such as healthcare, financials and industrials have attracted sustained interest since mid‑May, a trend likely to persist, said Jonathan Krinsky, BTIG’s chief market technician, in a Wednesday note. He added, “We see evidence that this broadening can continue. Financials remain strong across banks, REITs and insurance. Biotech is gaining strength as the IBB breaks out of a five‑year base.” He also warned that while the Magnificent Seven may stabilize, the semi/AI trade remains vulnerable to a more significant downturn.

In the same note, BTIG identified 55 large‑ and small‑cap stocks as its top selections for H2 2026. Highlighted names include:

• On Holding – The Swiss sneaker maker has slipped more than 20% year‑to‑date in 2026, yet analyst Janine Stichter maintains a $70 price target, implying roughly a 90% upside from Thursday’s close. Stichter described On Holding as one of retail’s premier growth stories, citing a balanced and sustainable outlook that spans lifestyle and running channels, product categories and geographies.
• Palo Alto Networks – Shares of the cybersecurity firm have risen nearly 90% in 2026 so far. Analyst Gray Powell sees further upside, setting a $380 price target for about a 9% gain from Thursday’s close. Powell emphasized Palo Alto’s comprehensive security portfolio and expects the company to sustain mid‑teens revenue growth over the next few years.
• Capital One Financial – The bank is down more than 15% in 2026, ranking among the weakest performers in the S&P Financials sector. Analyst Vincent Caintic has a $259 price target, projecting a 26% upside from Thursday’s close. He believes concerns over the company’s spending are overstated, arguing that successful execution of its planned integration—bolstered by the Discover and Brex acquisitions—could deliver revenue upside, productivity gains and margin improvements.

The note concludes with a brief reference to Capital One’s year‑to‑date performance.

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