J.P. Morgan’s Top Internet Stocks for 2026: GOOGL, AMZN, DASH

J.P. Morgan’s Top Internet Stocks for 2026: GOOGL, AMZN, and DASH

As we step into 2026, J.P. Morgan has identified three internet stocks that could be great picks for investors. These stocks are Alphabet (GOOGL), Amazon (AMZN), and DoorDash (DASH). The firm believes these companies have strong growth potential due to their innovative strategies and market positions.

What Makes GOOGL a Strong Pick for 2026?

Alphabet, the parent company of Google, had a remarkable performance in 2025. The company generated over $100 billion in revenue for the first time in a single quarter. This was thanks to its advertising business and the growing contributions from Google Cloud.

• Alphabet’s ads brought in $74.2 billion.
• Google Cloud saw a revenue increase of 33.5% year-over-year, reaching $15.16 billion.

Analyst Doug Anmuth predicts that Alphabet will continue to lead in AI technology, which will help boost its search revenue and overall growth.

Strong Earnings and Future Prospects for GOOGL

In the third quarter of 2025, Alphabet reported an earnings per share (EPS) of $2.87, exceeding expectations by 61 cents. With a focus on AI, the company is enhancing its products and services. Analysts are optimistic about GOOGL, with 27 out of 34 recommending a buy, suggesting a potential upside of about 4% over the next year.

Why AMZN is a Smart Investment Choice

Amazon is another heavyweight that J.P. Morgan has high hopes for in 2026. The company boasts nearly $690 billion in revenue and a solid balance sheet with about $80 billion in cash. Amazon is not just a retail giant; it is also making significant strides in the tech space.

• Amazon Web Services (AWS) generated $33 billion in revenue, growing 20% year-over-year.
• The company has launched Project Rainier, a massive AI compute cluster that enhances its cloud capabilities.

Analysts expect AWS to continue to grow, potentially accelerating to a 23% growth rate in 2026. This growth should further solidify Amazon’s market position.

Positive Outlook for AMZN

Doug Anmuth rates Amazon as a buy, with a price target suggesting a 35% upside. Recent reviews show 45 out of 46 analysts recommend buying AMZN, pointing to strong confidence in the company’s future.

What About DASH? Insights on DoorDash’s Growth

DoorDash has emerged as a leader in food delivery and is making significant investments to expand. The company recently acquired other platforms to enhance its service offerings.

• Revenue for the third quarter of 2025 reached $3.4 billion, marking a 27% increase year-over-year.
• DoorDash is investing in autonomous delivery technologies to improve efficiency.

With a strong cash reserve of $7.4 billion, DoorDash is well-positioned to make these investments without jeopardizing its financial health.

Future Expectations for DASH

Analyst Doug Anmuth is optimistic about DoorDash, believing that its core business will continue to thrive. He has set a price target for the stock indicating a potential upside of 36% in the next year.

Conclusion: A Bright Future for Internet Stocks in 2026

In summary, J.P. Morgan sees Alphabet, Amazon, and DoorDash as strong internet stocks to buy for 2026. Their innovative approaches and market strength position them well for future growth. These companies not only have solid financials but also exciting projects that could drive further success in the coming year.