3 Best Stocks to Buy Now, 7/8/2024, According to Top Analysts
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3 Best Stocks to Buy Now, 7/8/2024, 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. 

Civitas Resources (NYSE:CIVI) – Civitas Resources is an exploration and production company. Yesterday, Jefferies analyst Lloyd Byrne reiterated a Buy rating on the stock and decreased the price target to $100 from $102. In the last three months, all seven Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 46%.

WEX (NYSE:WEX) – WEX provides payment processing and information management services. Yesterday, KBW analyst Sanjay Sakhrani reiterated a Buy rating on the stock and decreased the price target to $230 from $275 per share. Interestingly, four out of the five Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 46%. 

Belden (NYSE:BDC) – Belden is a leading provider of electrical equipment. On Friday, Truist Financial analyst William Stein maintained a Buy rating on the stock and increased the price target to $123 from $119. 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 24%.

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. 

Disclosure 

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