The technology sector is in a state of continual transformation, driven by advancements in areas such as artificial intelligence (AI), cloud computing, semiconductors, cybersecurity, and more. Investors must allocate a portion of their funds to this high-growth sector to maximize their portfolio returns. Notably, amid the macroeconomic uncertainty surrounding U.S. President Donald Trump’s tariffs and the ongoing trade war with China, it would be prudent to follow the recommendations of top analysts on technology companies before making a decision.
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According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has 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.
ServiceNow (NOW) – ServiceNow is a cloud-based AI-enhanced platform that automates and simplifies workflows across various business departments such as IT, HR, customer service, and operations. Today, Barclays analyst Raimo Lenschow maintained his Buy rating on the stock with a price target of $1,210, implying 31% upside potential. In the last three months, 23 Top Analysts covering NOW stock have rated it Buy, one has rated it a Hold, and one has rated it a Sell. Their combined 12-month average ServiceNow price target indicates an upside of nearly 26%.
Adeia (ADEA) – Adeia develops and licenses patented innovations, particularly in the areas of media and entertainment, semiconductors, and other technology domains. Yesterday, Roth MKM analyst Scott Searle reiterated his Buy rating on ADEA stock and a $27 price target, implying an impressive 71.14% upside potential from current levels. In the last three months, all four Top Analysts covering the stock have rated it Buy. Taken together, their 12-month average Adeia price target implies an upside of nearly 25.4%.
Nvidia (NVDA) – Nvidia is a global semiconductor giant, known for its advanced AI GPUs (Graphics Processing Units) and platforms that power AI, high-performance computing, autonomous vehicles, and more. Today, Piper Sandler analyst Harsh Kumar reiterated his Buy rating and $225 price target on NVDA, implying 19.5% upside. Over the last three months, 35 Top Analysts covering the stock have rated it a Buy, while two have rated it a Hold. Taken together, their 12-month average Nvidia price target implies an upside of about 17%.
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.