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.
Mercadolibre (NASDAQ:MELI) – The company operates online marketplaces focused on e-commerce and online auctions. Yesterday, Wedbush analyst Scott Devitt maintained a Buy rating on the stock with a price target of $1,800 per share. Interestingly, five out of the six Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 43%.
Halliburton (NYSE:HAL) – Halliburton provides services and products to the energy industry. Yesterday, Stifel Nicolaus analyst Stephen Gengaro reiterated a Buy rating on the stock with a price target of $47 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 26%.
General Motors (NYSE:GM) – This is an American multinational automotive manufacturing company. Yesterday, Wedbush analyst Daniel Ives maintained a Buy rating on the stock and increased the price target to $55 from $45 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.
