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.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
Rubrik (RBRK) – This cloud data management company provides backup, recovery, and data protection solutions for enterprises. Today, Barclays analyst Saket Kalia reiterated a Buy rating on the stock with a price target of $42. In the last three months, all nine Top Analysts covering the stock have rated it a Buy. Altogether, their 12-month price targets imply an upside of about 37%.
Relay Therapeutics (RLAY) – This biotechnology company develops precision medicines for cancer and genetic diseases through its innovative protein motion platform. Today, Jefferies analyst Akash Tewari maintained a Buy rating on the stock with a price target of $16. 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 149%.
Skye Bioscience (SKYE) – Skye Bioscience is a biopharmaceutical company that develops cannabinoid-based therapies for glaucoma and other diseases. Today, JMP Securities analyst Jonathan Wolleben reiterated a Buy rating on the stock with a price target of $15. In the last three months, both Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 231%.
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.