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.
Digital Realty (DLR) – Digital Realty is a global provider of data center solutions, supporting cloud and AI infrastructure. Today, JMP Securities analyst Gregory J Miller maintained a Buy rating on the stock with a price target of $220 per share. Interestingly, seven out of the eight Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 23%.
Semtech Corp. (SMTC) – This is a semiconductor company that specializes in analog and mixed-signal chips for IoT, data centers, and wireless communication. On Saturday, Roth MKM analyst Scott Searle maintained a Buy rating on the stock and decreased the price target to $65 from $75 per share. Interestingly, eleven out of the twelve Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 37%.
Uber Technologies (UBER) – Uber is a mobility and delivery platform offering ride-hailing, food delivery, and freight services. On Friday, Deutsche Bank analyst Benjamin Black maintained a Buy rating on the stock with a price target of $90 per share. Interestingly, 33 out of the 35 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 22%.
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.