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3 Best Stocks to Buy Now, 5/12/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 5/12/2023, 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.

Warner Music Group (NASDAQ:WMG) – Warner is a multinational entertainment and record label conglomerate. Yesterday, analyst Benjamin Swinburne of Morgan Stanley reiterated a Buy rating on WMG stock with a price target of $32. Overall, the consensus 12-month price target of all five top analysts who recently rated the stock a Buy, implies an upside of 46.2%.

Nomad Foods (NYSE:NOMD) –  Nomad is a manufacturer, seller, and distributor of branded frozen food products. Today, Barclays analyst Andrew Lazar maintained a Buy rating on NOMD stock with a price target of $22. Overall, the consensus 12-month price target of the five out of six top analysts who recently rated the stock a Buy, implies an upside of 22.2%.

Noodles & Co. (NASDAQ:NDLS) – The company operates fast-casual restaurants that offer lunch and dinner meals. Yesterday, Truist Financial analyst Jake Bartlett reiterated a Buy rating on NDLS stock with a price target of $8. Overall, the consensus 12-month price target of all four top analysts who recently rated the stock a Buy, implies an impressive upside of 110.5%.

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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