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Special Report 2026 Comeback Picks: 3 S&P Laggards Poised to Break OutSubmitted by Chris Markoch. Date Posted: 12/11/2025. 
Article Highlights- Historical reversal patterns suggest FI, TTD, and DECK could swing from 2025 laggards to 2026 outperformers as leadership broadens beyond AI.
- Rate cuts, election ad spending, and cyclical mean reversion create favorable setup conditions for fintech, ad tech, and discretionary rebounds.
- Analysts project significant upside for Fiserv and The Trade Desk, with Deckers delivering quieter but consistent earnings-driven recovery potential.
There are no sure things in investing. However, reliable patterns can help investors make better-informed decisions. One such pattern: stocks that underperform a market index in one year often outperform in the following year. That may sound simplistic, but experienced traders know trends can be useful. The same logic can apply to long-term investors. Applying the concept of buying low and selling high can uncover asymmetric opportunities in sectors that have fallen out of favor. Nvidia's biggest growth story isn't in the companies listed on its official partner page — it's in the hidden ecosystem of firms working with the tech giant behind the scenes. Michael Robinson calls them Nvidia's "Unauthorized" Silent Partners, and history shows why they matter: past collaborators like ASML, TSMC, and Broadcom surged 4,501%… 9,793%… even 22,713% after aligning with Nvidia's technology roadmap. Now, as Nvidia pivots beyond AI into two breakthrough markets worth more than $24 trillion, a new set of under-the-radar partners is emerging — and they could be next in line for major upside. See Michael Robinson's free breakdown of Nvidia's new "Unauthorized" Silent Partners. Still, investors should demand more than a contrarian narrative. In this case, several macroeconomic and sector-specific signals suggest 2026 could be a comeback year for some of 2025's biggest losers. - Many AI stocks have stretched multiples; meanwhile, cyclical stocks look undervalued
- Election spending accelerates ad budgets
- Rate cuts reposition financial and payments leadership
If history repeats itself, the bottom quartile of 2025 performance could drive the top quartile of 2026 results. Here are three stocks to consider. Fiserv: Waiting on the Rate CycleFiserv Inc. (NASDAQ: FISV) is down 67% in 2025, trading at 2017 levels despite relatively stable fundamentals. Revenue and earnings are flat to slightly lower year-over-year (YOY), but not alarmingly so. The sharp drop appears driven more by a market rotation away from traditional payment networks and toward areas such as artificial intelligence, cryptocurrency rails, and buy-now-pay-later solutions. Fiserv remains a key player, with sticky banking-software revenue, deep merchant penetration, and strong free cash flow. Fiserv's recovery potential may hinge on more aggressive rate cuts; historically, payment volume and transaction growth accelerate when monetary policy eases for consumers. FISV stock looks fundamentally undervalued, with a forward price-to-earnings (P/E) ratio around 6.4x. Analysts project 16.9% earnings growth in the next 12 months and assign FISV a consensus price target of $121.08, implying roughly 82% upside. The Trade Desk: Ad Cycle Reset = Rebound SetupThe Trade Desk Inc. (NASDAQ: TTD) is down 66% in 2025 and over 70% in the last 12 months, but the reasons are mixed. Ad revenue may be softening, yet the company's revenue was 18% higher YOY in its latest earnings report, suggesting the business is performing better than the share price implies. The Trade Desk is seeing significant adoption of its AI platform, Kokai, and its connected TV business remains the fastest-growing channel. From a valuation perspective, the stock trades near its 2020 level while revenue has more than tripled since then — a clear asymmetric risk-reward setup. Analysts expect earnings to increase about 35% over the next year, supporting a consensus price target of $76.88, roughly 95% above the current level. Deckers Outdoor: Earnings Strength Hiding Under RotationDeckers Outdoor Corp. (NYSE: DECK) is the "best" of this group in that DECK stock has fallen about 50% in 2025. That decline appears driven more by capital rotation into AI-focused growth names than by any fundamental problem. Investors may be overlooking Deckers' revenue and earnings-per-share (EPS) growth, which have been rising year over year. Much of that strength is attributable to the HOKA brand, which continues to outgrow the broader footwear category. The company's margins remain among the strongest in premium discretionary apparel. From a sector standpoint, consumer discretionary stocks often stage sharp rebounds after down years, and Deckers' fundamentals align with that historical pattern. Analysts carry a consensus price target of $117.58 on DECK, about 16% above the stock's closing price on Dec. 9, consistent with projected earnings growth of more than 12% in the next 12 months. Bottom line: while no stock is guaranteed to rebound, FISV, TTD and DECK each combine depressed share prices with plausible catalysts — easing rates, an ad-cycle recovery, and consumer discretionary resilience — that could drive outsized returns if the macro backdrop and sector rotations play out as history suggests.
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