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.
Micron Technology (MU) – This semiconductor company provides memory and storage solutions. Yesterday, Piper Sandler analyst Harsh Kumar reiterated a Buy rating on the stock with a price target of $120. In the last three months, 23 out of the 24 Top Analysts covering the stock have rated it a Buy. Altogether, their 12-month price targets imply an upside of about 76%.
Churchill Downs (CHDN) – Churchill Downs is a racing, online wagering, and gaming entertainment company. Yesterday, JMP Securities analyst Jordan Bender assigned a Buy rating on the stock with a price target of $166. In the last three months, all seven Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of over 25%.
Lovesac (LOVE) – Lovesac is a furniture company specializing in modular, customizable seating solutions, and eco-friendly bean bags. On Wednesday, Maxim Group analyst Tom Forte maintained a Buy rating on the stock with a price target of $38. In the last three months, all four Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of more than 63%.
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.
