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.
ServiceNow (NOW) – ServiceNow is a software company that provides cloud-based platforms for automating business workflows. Today, JMP Securities analyst Patrick Walravens maintained a Buy rating on the stock with a price target of $1300 per share. Interestingly, 25 out of the 29 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 51%.
Zscaler (ZS) – Zscaler is a cybersecurity company that offers cloud-based solutions to secure internet access and protect enterprise data. Today, Barclays analyst Saket Kalia maintained a Buy rating on the stock with a price target of $250 per share. Interestingly, 20 out of the 25 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 22%.
Semtech (SMTC) – Semtech designs and manufactures analog and mixed-signal semiconductors for applications in communications, industrial, and consumer markets. Today, Robert W. Baird analyst Tristan Gerra maintained a Buy rating on the stock with a price target of $60 per share. Interestingly, 20 out of the 25 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 110%.
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. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time.
See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page.
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