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3 Best Stocks to Buy Now, 7/23/2024, According to Top Analysts
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3 Best Stocks to Buy Now, 7/23/2024, 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. 

Neumora Therapeutics (NMRA) – Neumora operates as a clinical-stage biopharmaceutical company. Yesterday, Needham analyst Ami Fadia maintained a Buy rating on the stock with a price target of $23 per share. In the last three months, all two Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 120%.

Enovix (ENVX) –  Enovix develops silicon-anode lithium-ion batteries. Yesterday, Benchmark Co. analyst Michael Legg maintained a Buy rating on the stock with a price target of $25 per share. 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 252%.

Chord Energy (CHRD) – The company conducts exploration for crude oil, natural gas, and natural gas liquids. Yesterday, Truist Financial analyst Neal Dingmann reiterated a Buy rating on the stock but decreased the price target to $223 from $226. Interestingly, eight out of the nine Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 27%. 

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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