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3 Best Stocks to Buy Now, 7/18/2024, According to Top Analysts
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3 Best Stocks to Buy Now, 7/18/2024, According to Top Analysts

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. 

Relay Therapeutics (RLAY) – Relay Therapeutics is a clinical-stage precision medicines company. Today, JMP Securities analyst Silvan Tuerkcan maintained a Buy rating on the stock but decreased the price target to $21 from $24 per share. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 142%.

Kyverna Therapeutics (KYTX) – This is a clinical-stage biopharmaceutical company focused on developing cell therapies for patients with autoimmune diseases. Yesterday, Morgan Stanley analyst Michael Ulz reiterated a Buy rating on the stock with a price target of $40. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 319%.

Krispy Kreme (DNUT) – Krispy Kreme is a multinational doughnut company and coffeehouse chain. Yesterday, Bank of America Securities analyst Sara Senatore maintained a Buy rating on the stock. 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 about 42%.

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. 

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