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.
Nvidia (NASDAQ:NVDA) – This company manufactures computer graphics processors, chipsets, and related multimedia software. Yesterday, Bank of America Securities analyst Vivek Arya reaffirmed a Buy rating on the stock with a price target of $650. In the last three months, 29 out of the 30 Top Analysts rated the stock a Buy. Collectively, their 12-month price targets imply an upside of nearly 38%.
Digi International (NASDAQ:DGII) – This company provides wireless and IoT solutions, including hardware, software, and services for connecting and managing devices and data. Yesterday, Piper Sandler analyst Harsh Kumar reiterated a Buy rating on the stock with a price target of $50. Interestingly, all three Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 97%.
The Middleby (NASDAQ:MIDD) – This company manufactures equipment for commercial food service, residential kitchen equipment, food processing, and industrial markets. Today, Citi analyst Timothy Thein maintained a Buy rating on the stock with a price target of $155. MIDD stock has received Buy recommendations from all five Top Analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 43%.
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. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page.
