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.
Marvell Technology (NASDAQ:MRVL) – Marvell offers data infrastructure semiconductor solutions for computing, networking, security, and storage purposes. Today, B.Riley Financial analyst Craig Ellis upgraded the stock’s rating to Buy with a price target of $75. 19 out of the 20 top analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of nearly 24%.
Nvidia (NASDAQ:NVDA) –This company manufactures computer graphics processors, chipsets, and related multimedia software. Yesterday, Jefferies analyst Mark Lipacis maintained a Buy rating on the stock with a price target of $500. 28 out of the 30 top analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 21%.
Arhaus (NASDAQ:ARHS) – Arhaus is a lifestyle brand and omnichannel retailer that provides artisan-crafted home furnishings. Yesterday, Craig-Hallum analyst Jeremy Hamblin assigned a Buy rating on the stock. ARHS stock has received Buy ratings from all five top analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 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. See real-time analyst rankings and learn more about the performance of top analysts on TipRanks’ Top Wall Street Analysts page.
