Top 10 Stocks to Watch: February 2026

Market Update: S&P 500 E-Mini Futures down 1.32% year-to-date 

In the first two weeks of January price action did hover around the $7,000 price level before sellers found footing and then pushed price down to $6,814.50, just below our prediction from last month of $6,850 level. 

Since then, price action has been choppy, working its way back up to the $7,000 level, and most recently returning to an area just above $6,800. 

Price action since the start of 2026 seems indecisive, moving through a relatively narrow channel between $6,800 and $7,050. We’ve also dipped below the highs seen in October 2025 several times. This indicates market hesitancy, but it’s important to note that any significant selloff in the last two months has found buyers that push it back to the $7,000 level. 

If sellers remain in control through February, look for them to target the $6,700 level followed by the $6,610 level. If buyers take over, look for them to push to new all-time highs in February. 

A note on earnings trades 

To capture the bulk of the volatility of earnings announcements, earnings trades are often executed either the day before or on the day of the earnings announcement. However, earnings trades can also be placed days or weeks before an earnings event, which could lead to early profit taking.  

Alternatively, placing a trade shortly after an earnings announcement can be a strategic choice to circumvent the binary nature of the event. Evaluate each trade in a way that allows you to execute the position that matches your strategy.   

If you're considering a trade going into an earnings event, one approach is to initiate the position in the monthly options contract that follows the earnings event. This strategy offers flexibility. Should you need to defend your position – perhaps due to unexpected market movements – you have the choice to 'roll' it out to the subsequent monthly options. Rolling out the position in this way allows you to extend its duration and potentially collect more premium, providing a buffer against market volatility. 

Top stocks to watch in February 2025 

1. Alphabet Inc. (GOOGL) – February 4, After the close
2. Amazon.com, Inc. (AMZN) – February 5, After the close
3. Reddit, Inc. (RDDT) – February 5, After the close
4. Robinhood Markets, Inc. (HOOD) – February 10, After the close
5. Lyft, Inc. (LYFT) – February 10, After the close
6. Shopify Inc. (SHOP) – February 11, Before the open
7. Coinbase Global, Inc. (COIN) – February 12, After the close
8. Hims & Hers Health, Inc. (HIMS) – February 23, After the close
9. Workday, Inc. (WDAY) – February 24, After the close
10. NVIDIA Corporation (NVDA) – February 25, After the close

Year-to-date price percent change chart for SPY, QQQ, IWM, SLV, and TLT. 

1. Alphabet Inc. (GOOGL) – Provides internet services including search, advertising, software, and cloud computing. GOOGL is currently up 4.95% year-to-date. Its current IVR is 52.4, with February IVx at 52.6, March IVx at 43.4, and its liquidity is rated 4 out of 4 on the tastytrade platform.
2. Amazon.com, Inc. (AMZN) – Operates an e‑commerce platform and provides cloud computing and logistics services. AMZN is currently up 1.62% year-to-date. Its current IVR is 56.9, with February IVx at 61.5, March IVx at 46, and its liquidity is rated 4 out of 4 on the tastytrade platform.
3. Reddit, Inc. (RDDT) – Runs an online platform for user‑generated forums and discussion communities. RDDT is currently down 33.34% year-to-date. Its current IVR is 53.8, with February IVx at 114.5, March IVx at 90, and its liquidity is rated 3 out of 4 on the tastytrade platform.
4. Robinhood Markets, Inc. (HOOD) – Offers a platform for commission‑free trading of stocks, options, and cryptocurrencies. HOOD is currently down 30.74% year-to-date. Its current IVR is 43.9, with February IVx at 96.8, March IVx at 82.1, and its liquidity is rated 4 out of 4 on the tastytrade platform.
5. Lyft, Inc. (LYFT) – Operates a ride‑hailing platform for transportation services. LYFT is currently down 18.14% year-to-date. Its current IVR is 47, with February IVx at 100, March IVx at 74.4, and its liquidity is rated 4 out of 4 on the tastytrade platform.
6. Shopify Inc. (SHOP) – Provides e‑commerce software and tools for online merchants. SHOP is currently down 29.9% year-to-date. Its current IVR is 56.8, with February IVx at 95.1, March IVx at 73.6, and its liquidity is rated 3 out of 4 on the tastytrade platform.
7. Coinbase Global, Inc. (COIN) – Operates a cryptocurrency exchange and related financial services. COIN is currently down 26.6% year-to-date. Its current IVR is 41.2, with February IVx at 89.3, March IVx at 79.2, and its liquidity is rated 3 out of 4 on the tastytrade platform.
8. Hims & Hers Health, Inc. (HIMS) – Offers telehealth services and personal care products. HIMS is currently down 27.05% year-to-date. Its current IVR is 40.1, with February IVx at 82.9, March IVx at 100.5, and its liquidity is rated 4 out of 4 on the tastytrade platform.
9. Workday, Inc. (WDAY) – Develops cloud‑based software for human resources, finance, and enterprise planning. WDAY is currently down 20.91% year-to-date. Its current IVR is 94.5, with February IVx at 49.2, March IVx at 55.6, and its liquidity is rated 2 out of 4 on the tastytrade platform.
10. NVIDIA Corporation (NVDA) – Designs graphics processors and computing hardware used in AI, gaming, and data centers. NVDA is currently down 7.61% year-to-date. Its current IVR is 28.7, with February IVx at 49.5, March IVx at 52.6, and its liquidity is rated 4 out of 4 on the tastytrade platform.