Six Stock Advisor Top 10 Selections More Than Doubled Down in 2025—What Comes Next?

Last December, investors received my curated stock advisor top 10 list for 2025. For those who followed this guidance, 2025 proved to be a remarkable year—seven of these ten holdings outperformed the S&P 500, with six of them delivering gains exceeding 25%. The stars were particularly bright for tech and payments sectors. But here’s the lingering question: can these strong performers repeat that magic in 2026, or have they already priced in the gains?

Three Stocks Positioned for Continued Upside

Among the six holdings that surged over 25% in 2025, three stand out as candidates for another strong year ahead. These are the ones I believe could deliver similar or even greater returns in 2026.

The AI Chip Powerhouses Leading the Charge

Nvidia and Taiwan Semiconductor Manufacturing (TSMC) form the backbone of the artificial intelligence infrastructure buildout. Nvidia’s graphics processing units remain the gold standard for training and deploying generative AI applications, while TSMC manufactures the underlying logic chips that power these devices. Both companies are riding the wave of massive capital allocation toward AI—and this spending surge shows no signs of decelerating. As enterprises and governments continue to invest heavily in AI infrastructure, these hardware providers are positioned to capture substantial upside throughout 2026.

dLocal: A Resurrection Story with Room to Run

dLocal presents a different kind of opportunity. This payment processing provider enables companies to access emerging markets in Latin America and other developing regions. While dLocal’s 2025 performance was impressive, part of that bounce came from recovering from historical lows—it remains down 80% from its all-time peak. However, the addressable market for third-world payment solutions is enormous, and the company is only scratching the surface of its potential. I believe dLocal could deliver 25%-plus returns again in 2026 as it continues its comeback trajectory.

The Other Three: Still Attractive, But Face Headwinds

The remaining three stocks from last year’s stock advisor top 10 list that gained 25% or more—CrowdStrike, ASML, and Alphabet—present a more complex picture. I remain bullish on all three, but tempering expectations for another 25%+ year is prudent.

Valuation Creates a Ceiling

All three have transitioned into fully valued territory, which could limit their upside. ASML and Alphabet trade at 43x and 29x forward earnings, respectively. For companies with their growth profiles, these aren’t bargain valuations—they’re closer to what the market typically considers fairly priced or even stretched. CrowdStrike, meanwhile, commands 25x sales, which while reasonable for a software company on its growth trajectory, leaves less room for multiple expansion.

These lofty valuations don’t mean these are poor investments, but they do suggest the era of explosive 25%+ annual gains may be behind them in the near term. They could still outpace the broader market, but investors should calibrate expectations accordingly.

The Path Forward for Stock Advisor Believers

If you’re holding these stock advisor top 10 picks from last year, you’ve experienced what disciplined, diversified stock selection can achieve. Six of the ten delivered the kind of performance that typically requires a decade of investing to accumulate. The question now is whether to hold, trim, or stay the course with your winners.

For Nvidia and TSMC, the AI structural growth story remains intact. For dLocal, patient capital could be rewarded as the company monetizes an underpenetrated market. For CrowdStrike, ASML, and Alphabet, maintaining positions makes sense even if you’re realistic about near-term return potential. Valuation is a timing tool—it tells you what you might reasonably expect, not whether a company is broken.

The stock advisor approach works best when combined with a long-term perspective. These picks weren’t one-year bets; they were meant to compound over multiple years.