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.
Biohaven Ltd. (NYSE:BHVN) – Biohaven is a clinical-stage biopharmaceutical company. Yesterday, Piper Sandler analyst Christopher Raymond assigned a Buy rating on the stock with a price target of $66 per share. In the last three months, all six Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 57%.
MoonLake Immunotherapeutics (NASDAQ:MLTX) – This is a clinical-stage biopharmaceutical company focused on the development of medicines for immunologic diseases. Yesterday, H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on the stock with a price target of $100 per share. In the last three months, all nine Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 85%.
Taiwan Semiconductor Manufacturing (NYSE:TSM) – This is a multinational semiconductor contract manufacturing and design company. Yesterday, Argus Research analyst Jim Kelleher maintained a Buy rating on the stock with a price target of $160 per share. In the last three months, all six Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 21%.
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.