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3 Best Stocks to Buy Now, 12/29/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 12/29/2023, According to Top Analysts

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. 

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. 

Constellation Brands (NYSE:STZ) –  This is an American producer of beer, wine and spirits brands. Yesterday, Goldman Sachs Analyst Bonnie Herzog reiterated a Buy rating on the stock with a price target of $290. Interestingly, 17 out of the 20 Top Analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 21%.

Luna Innovations (NASDAQ:LUNA– This company manufactures fiber-optics- and terahertz-based technology products for a wide range of industries. Yesterday, Needham Analyst Alex Henderson reiterated a Buy rating on the stock with a price target of $8. Interestingly, four out of the five Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 31%. 

DocGo (NASDAQ:DCGO– This is a telehealth company that provides a comprehensive range of medical services, including mobile healthcare solutions, on-site event medical services, and transportation options. Yesterday, Stifel Nicolaus Analyst David Grossman reiterated a Buy rating on the stock with a price target of $12. In the last three months, all five Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 121%. 

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. 

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