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3 Best Stocks to Buy Now, 10/4/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 10/4/2023, 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.

Target Hospitality (NASDAQ:TH– This company provides specialty rental accommodations, primarily in the energy and government end markets. Yesterday, Oppenheimer analyst Scott Schneeberger reiterated a Buy rating on the stock with a price target of $18. 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 29%.

Aspen Aerogels (NYSE:ASPN) – Aspen manufactures aerogel insulation used in the energy infrastructure and building materials markets. Yesterday, Craig-Hallum analyst Eric Stine reaffirmed a Buy rating on the stock. In the last three months, all three Top Analysts rated the stock a Buy. Collectively, their 12-month price targets imply an upside of nearly 265%.

Magna International (NYSE:MGA– Canada-based Magna is a parts manufacturer for automakers. Yesterday, Goldman Sachs analyst Mark Delaney maintained a Buy rating on the stock with a price target of $53. MGA stock has received Buy recommendations from three out of the four Top Analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase 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. 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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