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.
Nvidia (NASDAQ:NVDA) – NVDA designs and manufactures computer graphics processors, chipsets, and related multimedia software. Yesterday, Citi analyst Atif Malik maintained a Buy rating on the stock with a price target of $630. 30 out of the 31 Top Analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 28%.
NIO (NYSE:NIO) – Nio is a Chinese multinational automobile manufacturer that specializes in designing and developing electric vehicles. Yesterday, Bank of America Securities analyst Ming-Hsun Lee reaffirmed a Buy rating on the stock with a price target of $15. Three out of the four Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of nearly 40%.
Chord Energy (NASDAQ:CHRD) – This company is engaged in hydrocarbon exploration and hydraulic fracturing. Today, BMO Capital analyst Phillip Jungwirth initiated coverage on the stock with a Buy rating and a price target of $185. CHRD stock has received Buy ratings from all four Top Analysts who have recently rated it. Overall, the consensus 12-month price target suggests an increase of about 21%.
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.
