Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 5/31/2024 
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Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 5/31/2024 

TipRanks’ Technical Analysis Screener  gives investors everything they need to find the stocks that fit their unique technical analysis investment strategy. Using the screener, we have identified three stocks that are considered Strong Buys according to both their technical analysis score and Wall Street analysts’ ratings.

Here are this week’s stocks: 

Coupang (NYSE:CPNG– CPNG is a South Korean e-commerce company known for its online marketplace. The stock has a Strong Buy overall technical analysis score. Interestingly, analysts share this view as it has a Strong Buy analyst consensus rating. The 12-month consensus price target indicates an upside of about 19%.

HubSpot (NYSE:HUBS) – HUBS provides inbound marketing, sales, and customer service software designed to help businesses grow and manage customer relationships. The stock has a Strong Buy overall technical analysis score. Likewise, analysts have given the stock a Strong Buy consensus rating, with a 12-month price target indicating about 12% upside potential.

Trade Desk (NASDAQ:TTD) – This technology company provides a platform to create, manage, and optimize digital advertising campaigns. TTD stock carries a Strong Buy overall technical analysis score. Analysts concur with that sentiment, giving a Strong Buy consensus rating and a 12-month price target that implies an upside of over 13%.

What Is the TipRanks Technical Analysis Score? 

TipRanks’ unique calculation combines the Moving Average score and the Oscillator score to assess a stock’s technical strength or weakness. The score provides a comprehensive view of a stock’s potential price movement based on historical data and technical analysis. 


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