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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
Adverum Biotechnologies (ADVM) – This is a California-based biotech company that uses gene therapies to treat severe eye diseases. Today, H.C. Wainwright analyst Matthew Caufield reaffirmed his price target of $30 per share for the stock. Meanwhile, all three Top analysts covering the stock maintain Buy recommendations. Taken together, their 12-month price target suggests a 506.94% upswing potential.
ARS Pharmaceuticals (SPRY) – ARS, another biotech company based in California, makes Neffy, a nasal spray that treats several allergic reactions without a needle injection. Today, William Blair analyst Lachlan Hanbury Brown stuck to his Buy rating for the stock, but didn’t put forward a price target. In the last three months, all four Top analysts covering this stock gave it a Buy rating (with an average price target of $32.33). Altogether, their 12-month price target indicates a 230% exponential growth potential.
ATAI Life Sciences (ATAI) – ATAI Life is a German biotech firm that is developing innovative treatments for mental health disorders. Today, H.C. Wainwright analyst Patrick Trucchio maintained a price target between $10 and $15 per share. All five Top analysts who recently rated this stock gave it a Buy recommendation. Overall, their 12-month price target points to a 146% leap potential from the current level.
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.