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.
Suncor Energy (NYSE:SU) – Suncor is a Canada-based integrated energy company that specializes in producing synthetic crude from oil sands. Today, Wells Fargo analyst Roger Read upgraded the stock’s rating to Buy with a price target of $39.86. SU stock has received Buy ratings from five out of the six top analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 27%.
Medtronic (NYSE:MDT) – Medtronic is an American medical device company. Today, Barclays analyst Matt Miksic reiterated a Buy rating on the stock with a price target of $104. Six out of the eight top analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of nearly 20%.
NexGen Energy (NYSE:NXE) – NexGen Energy is engaged in the exploration and development of uranium properties. Yesterday, Raymond James analyst Brian MacArthur maintained a Buy rating on the stock with a price target of $6.64. All three top analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 25%.
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.
