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.
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.
Amazon (NASDAQ:AMZN) – Amazon is a multinational conglomerate known for its e-commerce platform, cloud computing services, artificial intelligence, and streaming capabilities. Yesterday, Monness analyst Brain White reiterated a Buy rating on the stock with a price target of $170. Interestingly, all 34 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 20%.
Alibaba Group (NYSE:BABA) – Alibaba is a provider of e-commerce, retail, Internet, and technology services. Yesterday, Susquehanna analyst Shyam Patil assigned a Buy rating on the stock with a price target of $150. In the last three months, all seven Top Analysts who rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of about 66%.
Baidu (NASDAQ:BIDU) – This Chinese multinational technology company specializes in Internet-related services, products, and artificial intelligence. Yesterday, Benchmark Co. analyst Fawne Jiang maintained a Buy rating on the stock with a price target of $210. In the last three months, all four Top Analysts covering the stock have rated it a Buy. Collectively, their 12-month price targets imply an upside of over 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.
