Yes, sure, but there should be some foundation in observational facts. As the history of physics shows that even the greatest geniuses like Einstein couldn't create succuessful theories out of the blue, but they had to be founded in observational facts about nature. This was indeed the case with the younger Einstein (say, until about the 1920ies): He made his great discoveries in an amazingly broad variety of fundamental questions of his time:
(a) The incompatibility of Maxwell's theory of electromagnetism with Galileo symmetry. The ingenious creative act of Einstein's in this case was that he recognized, other than his contemporaries like Lorentz, FitzGerald, Heaviside, and Poincare, the key issue with the problematic interpretation of the missing Galileo symmetry as being due to the existence of a preferred inertial reference frame, which was interpreted as the presence of the socalled aether. The very point was that Einstein recognized that this introduced ideas not based on the observed facts but was just an unjustified assumption about the nature of the electromagnetic field. Famously that lead to his reinterpretation of the math by Lorentz, FitzGerald, Heaviside and Poincare in terms of a new space-time model, modifying the fundamental laws of mechanics rather than Maxwell's theory of electromagnetism, leading finally to Special Relativity and Minkowski spacetime (1905-1908).
(b) The other great insight in his "annus mirabilis" was about the conclusions to be drawn from the hypothesis of the existence of atoms/molecules/corpuscles (or however you want to call the then present ideas about the "atomistic nature" of matter) and the ideas of statistical physics a la Maxwell, Boltzmann or (unknown to him at the time as far as I know) Gibbs: Namely that there must be fluctuations around the mean values described by kinetic theory. Then he realized that Brownian motion of little suspended particles like pollen clearly visible under a microscope is exactly such a phenomenon. This was the beginning of a lot of applications of this idea with the fluctuations and statistical nature of macroscopic objects, e.g., the famous idea how to determine Avogadro's number from the blueness of the sky or the theory of critical opalescence.
(c) Finally there's also his idea of "light corpuscles" as a "heuristic argument". This was based on the insight that Plancks radiation formula for the black-body radiation had both particle and wavelike features, combined with the notion of a fundamental measure for "action" (Planck's constant ##h=2 \pi \hbar##). Although the only of his theories which hasn't survived the "quantum revolution", even providing wrong pictures about photons, it was well based on observational facts, particularly on the photoelectric effect (although today we know, it's not due to the quantum nature of the electromagnetic field but of bound quantized electrons and transitions of them due to interaction with an electromagnetic field that can be still described classically in this context [1]). His later derivation of the Planck spectrum from kinetic-theory considerations in 1917, introducing the idea of spontaneous emission, was already very close to the modern formulation in terms of QED, which however was not really possible before Jordan's (1926) and Dirac's (1927) formulation in terms of the quantized photon field. Indeed, today the only consistent explanation for the fact that there is spontaneous emission is due to field quantization, and this indeed is the most simple physical argument (again based on clear observational facts and not unfounded speculations) for the necessity to quantize the em. field to begin with. Later, of course, it was proven in very many other ways too, e.g., the discovery of the Lamb shift in the hydrogen spectra, the anomalous magnetic moment, quantum beats, the violation of the Bell inequality etc.etc.