Which stocks are best to buy now? According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well.
To find more stocks like these, take a look at TipRanks’
Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts.
Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Amazon (
NASDAQ:AMZN)
– Amazon is a multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Yesterday,
Bank of America Securities analyst Justin Post maintained a Buy rating on the stock with a price target of $174. All 31 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of nearly 29%.
Alibaba Group (
NYSE:BABA)
– Alibaba is a provider of e-commerce, retail, Internet, and technology services. Yesterday,
Loop Capital Markets analyst Rob Sanderson reiterated a Buy rating on the stock with a price target of $135. BABA stock has received Buy ratings from all seven Top Analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 54%.
Nvidia (
NASDAQ:NVDA)
– This company manufactures computer graphics processors, chipsets, and related multimedia software. Yesterday,
Goldman Sachs analyst Toshiya Hari reaffirmed a Buy rating on the stock with a price target of $605. 31 out of the 32 Top Analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 34%.
Who are the Top Analysts?
TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’
Top Wall Street Analysts page.
Disclosure
There is no question artificial intelligence (AI) is top of mind for most investors in 2023. Why wouldn't it be? Research firm McKinsey & Company estimates the technology could add $13 trillion to the global economy by 2030. Cathie Wood's Ark Investment Management places that
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What happened
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