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3 Best Stocks to Buy Now, 10/31/2024, According to Top Analysts
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3 Best Stocks to Buy Now, 10/31/2024, 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. 

Pick the best stocks and maximize your portfolio:

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. 

Cerus (CERS) – Cerus is a biomedical company that enhances blood safety through pathogen reduction technologies. Today, TD Cowen analyst Josh Jennings maintained a Buy rating on the stock with a price target of $5. 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 133%. 

Enovix (ENVX) – This company specializes in developing and manufacturing next-generation lithium-ion batteries. Yesterday, Oppenheimer analyst Colin Rusch maintained a Buy rating on the stock with a price target of $36 per share. 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 about 258%.

ACM Research (ACMR) –This is a semiconductor equipment manufacturer specializing in advanced cleaning technologies for semiconductor wafers. Yesterday, Benchmark Co. analyst Mark Miller maintained a Buy rating on the stock with a price target of $38 per share. 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 about 44%.

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. 

Disclosure 

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