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.
Nutrien (NYSE:NTR) – This company produces and distributes potash, nitrogen and phosphate products. Yesterday, BMO Capital Analyst Joel Jackson reiterated a Buy rating on the stock but decreased the price target to $80 from $86 per share. Interestingly, six out of the seven Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 43%.
Veritex (NASDAQ:VBTX) – This company offers commercial banking products and services to small to medium-sized businesses and professionals. Yesterday, Piper Sandler Analyst Stephen Scouten maintained a Buy rating on the stock with a price target of $25 per share. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 24%.
Applied Digital Corp. (NASDAQ:APLD) – This company develops and operates next-generation data centers across North America. Yesterday, B.Riley Financial Analyst Lucas Pipes maintained a Buy rating on the stock but decreased the price target to $10 from $16 per share. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 184%.
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.