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

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

Uber Technologies (NYSE:UBER) – Uber provides ride-hailing and food and package delivery services. Today, Citigroup analyst Ronald Josey reiterated a Buy rating on UBER stock with a price target of $57. Overall, the consensus 12-month price target of all 17 top analysts who recently rated the stock a Buy, implies an upside of 26.6%.

Vistra Energy (NASDAQ:VST) –  All five top analysts who recently rated VST stock have given it a Buy rating. Vistra is an integrated retail electricity and power generation company. Today, Morgan Stanley analyst Stephen Byrd reaffirmed a Buy rating on the stock and a price target of $32. Overall, the consensus 12-month price target among top analysts suggests an upside of 51.5%.

Scorpio Tankers (NYSE:STNG) – Scorpio Tankers engages in the transportation of refined petroleum products. Today, analyst Sam Bland of J.P. Morgan maintained a Buy rating on STNG stock with a price target of $95. Overall, the consensus 12-month price target of all six top analysts who recently rated the stock a Buy, implies an upside of 63.4%.

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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