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.
Encore Capital (ECPG) – This global specialty finance company is focused on debt recovery, primarily purchasing and managing consumer debt portfolios. Today, JMP Securities analyst David Scharf maintained 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 22%.
Alector (ALEC) – This biotechnology company develops immuno-neurology therapies to treat neurodegenerative diseases such as Alzheimer’s. Today, Barclays analyst Carter Gould reiterated a Buy rating on the stock with a price target of $12. In the last three months, four out of the five Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 244%.
Hamilton Insurance Group (HG) – HG provides specialty insurance and reinsurance solutions globally. Today, JMP Securities analyst Matthew Carletti reiterated a Buy rating on the stock with a price target of $25. In the last three months, all four Top Analysts covering the stock have rated it a Buy. Altogether, 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.
