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.
Centessa Pharmaceuticals (CNTA) – This is a biotech company developing new treatments for cancer, immune disorders, and rare diseases. Today, Piper Sandler analyst Biren Amin maintained a Buy rating on the stock with a price target of $38 per share. In the last three months, all eight Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 47%.
Precision Drilling (PDS) – This is a Canadian company that provides drilling and oilfield services to energy producers. Today, Piper Sandler analyst Derek Podhaizer maintained a Buy rating on the stock and increased the price target to $79 from $74 per share, citing strong earnings momentum, solid U.S. and Canadian margins, and progress on debt reduction. The firm also noted an upbeat Q4 outlook with improving rig activity in both regions. In the last three months, all six Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 42.02%.
Life Time Group Holdings (LTH) – Life Time Group operates fitness centers and wellness clubs across the U.S. and Canada. Yesterday, Morgan Stanley analyst Stephen Grambling maintained a Buy rating on the stock and increased the price target to $39 from $34 per share. In the last three months, all five Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 46.92%.
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.