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3 Best Stocks to Buy Now, 2/16/2024, According to Top Analysts 
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3 Best Stocks to Buy Now, 2/16/2024, According to Top Analysts 

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. 

The Chefs’ Warehouse (NASDAQ:CHEF) –  This is a wholesale supplier for commercial kitchens and caterers. Yesterday, UBS analyst Mark Carden maintained a Buy rating on the stock and increased the price target to $44 from $36 per share. 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 26%.

General Motors (NYSE:GM) –  This is an American multinational automotive manufacturing company. Yesterday,  Tigress Financial analyst Ivan Feinseth maintained a Buy rating on the stock with a price target of $88 per share. Interestingly, nine out of the ten Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 34%. 

IAC/InteractiveCorp. (NASDAQ:IAC) –  IAC is an Internet media company. Yesterday, Benchmark Co. analyst Daniel Kurnos assigned a Buy rating on the stock with a price target of $110 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 34%. 

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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