tiprankstipranks
3 Best Stocks to Buy Now, 7/17/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 7/17/2023, 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.

Don't Miss our Black Friday Offers:

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.

T-Mobile US (NASDAQ:TMUS) – The company provides wireless communications services for postpaid and prepaid customers as well as wholesale customers. On Friday, Credit Suisse analyst Douglas Mitchelson reiterated a Buy rating on the stock with a price target of $175. The stock has received Buy ratings from all nine top analysts who have recently rated the stock. Collectively, the consensus 12-month price target suggests an increase of nearly 32%. 

Eagle Bulk Shipping (NYSE:EGLE– The company is engaged in the global transportation of dry bulk commodities. On Friday, Alliance Global Partners analyst Poe Fratt maintained a Buy rating on the stock with a price target of $70. All five top Wall Street analysts who recently rated the stock have called it a Buy. Overall, their 12-month price targets suggest a possible increase of almost 48%. 

Crescent Point Energy (NYSE:CPG) – Crescent is a North American oil producer. On Friday, Stifel Nicolaus analyst Cody Kwong maintained a Buy rating on the stock with a $11.53 price target. All four top analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of nearly 59%.

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.

Disclosure

Related Articles
TheFlyOne option delisting on May 16th
TipRanks Auto-Generated NewsdeskCrescent Point Unveils New Identity as Veren Inc.
TipRanks Canadian Auto-Generated NewsdeskCrescent Point Energy Becomes Veren Inc.
Go Ad-Free with Our App