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3 Best Stocks to Buy Now, 3/6/2024, According to Top Analysts 
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3 Best Stocks to Buy Now, 3/6/2024, According to Top Analysts 

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. 

Pliant Therapeutics (NASDAQ:PLRX) –  This is a clinical-stage biopharmaceutical company that develops novel therapeutics for the treatment of fibrotic diseases. Yesterday, RBC Capital analyst Brian Abrahams reiterated a Buy rating on the stock and increased the price target to $54 from $50 per share. In the last three months, all eight Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 166%. 

Genius Sports Limited (NYSE:GENI) –  This is a sports data and technology company. Yesterday, Craig-Hallum analyst Ryan Sigdahl assigned a Buy rating on the stock. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 38%. 

Infinera (NASDAQ:INFN) –  This company offers transport networking equipment, software, and services to telecommunications carriers. Yesterday, Craig-Hallum analyst Christian Schwab assigned a Buy rating on the stock. Interestingly, three out of the four Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 45%. 

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. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time. 

See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page. 

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