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.
Hut 8 Mining (HUT) – HUT is focused on Bitcoin (BTC-USD) mining and providing high-performance computing infrastructure. Today, Benchmark Co. analyst Mark Palmer assigned a Buy rating to the stock with a price target of $17. In the last three months, all five Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of over 28%.
nVent Electric (NVT) – nVent Electric is a global provider of electrical connection and protection solutions for infrastructure, industrial, and commercial applications. Today, Barclays analyst Julian Mitchell assigned a Buy rating to the stock with a price target of $86. In the last three months, five out of the six Top Analysts covering the stock have rated it a Buy. Altogether, their 12-month price targets imply an upside of more than 22%.
XPO Logistics (XPO) – XPO provides supply chain solutions, offering transportation and logistics services. Today, Wells Fargo analyst Christian Wetherbee reiterated a Buy rating on the stock with a price target of $119. In the last three months, all 13 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 27%.
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.
