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.
Weyerhaeuser (NYSE:WY) – Weyerhaeuser is a real estate investment trust specializing in timberlands and wood products. Today, Bank of America Securities analyst George Staphos reiterated a Buy rating on the stock with a price target of $38. In the last three months, four out of the five Top Analysts covering the stock rated it a Buy. Collectively, their 12-month price targets imply an upside of over 32%.
Amazon (NASDAQ:AMZN) – Amazon is a multinational tech giant that provides e-commerce, cloud computing, digital streaming, and artificial intelligence services. Today, TD Cowen analyst John Blackledge reiterated a Buy rating on the stock with a price target of $180. Interestingly, 32 out of the 33 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 47%.
McDonald’s (NYSE:MCD) – McDonald’s is a global fast-food restaurant chain known for its hamburgers, fries, and various other menu items. Yesterday, Wedbush analyst Nick Setyan reaffirmed a Buy rating on the stock with a price target of $310. In the last three months, 22 out of the 25 Top Analysts rated the stock a Buy. Collectively, their 12-month price targets imply an upside of nearly 23%.
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.
