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.
Benitec Biopharma (BNTC) – Benitec is a U.S.-based biotech company currently conducting early trials for a drug aimed at treating a rare muscular disease. Today, Piper Sandler analyst Yasmeen Rahimi reaffirmed her $30 per share price target for the stock. Meanwhile, all three Top analysts covering the stock maintain Buy recommendations. Taken together, their 12-month price target suggests a 123.15% upside potential.
ServiceNow (NOW) – ServiceNow is an American company that offers enterprise cloud computing solutions to institutions across the world. Today, Morgan Stanley analyst Keith Weiss projected a price target between $1,040 and $1,250 per share for the stock. Interestingly, of the 26 Top analysts covering this stock, 23 gave it a Buy, two issued a Hold, while one recommended a Sell. Taken together, their 12-month price target indicates a possible 24.50% increase.
Amazon (AMZN) – Amazon is one of the top U.S. tech giants and operates an e-commerce platform, provides cloud computing services, and has also branched out into satellite technology. Today, Wells Fargo analyst Ken Gawrelski elevated the price target for the stock to between $245 and $280 per share. Of the 44 Top analysts who recently rated this stock, 43 gave it a Buy, while only one suggested a Hold. Overall, their 12-month price target points to a 20.06% growth 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.