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3 Best Stocks to Buy Now, 10/16/2024, According to Top Analysts 
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3 Best Stocks to Buy Now, 10/16/2024, 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.

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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. 

Legend Biotech (LEGN) – This biotechnology company develops innovative cell therapies for the treatment of cancer and other serious diseases. Today, Barclays analyst Gena Wang assigned a Buy rating to the stock with a price target of $94. In the last three months, all six Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of over 83%.

BRT Apartments (BRT) – BRT is a real estate investment trust (REIT) focused on owning and managing multi-family apartment communities across the United States. Today, JMP Securities analyst Aaron Hecht reiterated a Buy rating on the stock with a price target of $24. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Altogether, their 12-month price targets imply an upside of over 22%.

Coterra Energy (CTRA) – This independent energy company is focused on the exploration and production of oil, natural gas, and natural gas liquids. Yesterday, Piper Sandler analyst Mark Lear assigned a Buy rating to the stock and a price target of $31. In the last three months, 12 out of the 14 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 29%.

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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