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.
Inspired Entertainment (NASDAQ:INSE) – This company provides virtual sports, gaming, and lottery solutions worldwide. Today, JMP Securities analyst Jordan Bender assigned a Buy rating on the stock with a price target of $15 per share. In the last three months, three out of the Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 40%.
Gitlab (NASDAQ:GTLB) – GTLB provides a DevSecOps (development, security, and operations) platform based on an open-source model that offers users increased speed and efficiency. Yesterday, Bank of America Securities analyst Koji Ikeda reiterated a Buy rating on the stock with a price target of $85 per share. In the last three months, 14 out of the 18 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of more than 36%.
Penumbra (NYSE:PEN) – This medical device company focuses on innovative treatments for neurovascular and peripheral vascular diseases. Yesterday, BTIG analyst Ryan Zimmerman maintained a Buy rating on the stock with a price target of $265. In the last three months, five out of the six Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 32%.
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.
