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3 Best Stocks to Buy Now, 6/29/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 6/29/2023, 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.

Rio Tinto (NYSE:RIO) – Rio Tinto is a mining group that processes mineral resources like iron ore, copper, lithium, and diamonds. Yesterday,  Argus Research analyst John Eade maintained a Buy rating on the stock with a price target of $72. Overall, the consensus 12-month price target of all four top analysts who recently rated the stock a Buy, implies an upside of 32.65%.

Corteva (NYSE:CTVA– The company develops and supplies advanced germplasm and traits that help farms maximize yield. Yesterday, Canaccord Genuity analyst Robert Burleson assigned a Buy rating on the stock with a price target of $75. Overall, the consensus 12-month price target of nine out of 10 top analysts who recently rated the stock a Buy, implies an upside of nearly 29%.

Crescent Point Energy (NYSE:CPG) – Cresent is a North American oil producer. Today, analyst Dan Payne of National Bank reiterated a Buy rating on the stock with a $13.62 price target. Overall, the consensus 12-month price target of all six top analysts who recently rated the stock a Buy, implies an upside of 66.11%.

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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