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.
Lexeo Therapeutics (LXEO) – Lexeo Therapeutics is a clinical-stage gene therapy company focused on developing treatments for genetic heart and central nervous system diseases. Today, Guggenheim analyst Debjit Chattopadhyay maintained a Buy rating on the stock with a price target of $30 per share. In the last three months, all four Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 123.53%.
Nvidia (NVDA) – This is a semiconductor company best known for its graphics processing units (GPUs), which power AI, gaming, and data center applications. Today, HSBC analyst Frank Lee upgraded the stock to Buy from Hold and increased the price target to $320 from $200 per share. Interestingly, 34 out of the 36 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 22.96%.
Ovintiv (OVV) – Ovintiv is an oil and gas producer with key operations across North America’s top shale basins. Today, RBC Capital analyst Gregory Pardy upgraded the stock to Buy from Hold and maintained a price target of $55 per share. Interestingly, eight out of the nine Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 43.68%.
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.