Which stocks are best to buy today? 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 stocks. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Semtech (NASDAQ:SMTC) – The company manufactures analog and mixed-signal semiconductor products. Yesterday, Stifel Nicolaus analyst Tore Svanberg reiterated a Buy rating on SMTC stock with a price target of $32. Overall, the consensus 12-month price target of six out of seven top analysts, who recently rated the stock a Buy, implies an upside of 81.6%.
Disc Medicine (NASDAQ:IRON) – All three top analysts recently rated the IRON stock a Buy. The biopharmaceutical company develops therapies for hematologic diseases and rare blood disorders. Today, Morgan Stanley analyst Jeffrey Hung initiated coverage on the stock with a Buy rating and a price target of $37. Overall, the consensus 12-month price target among top analysts suggests an upside of 46.2%.
Nokia (NYSE:NOK) – Nokia provides network infrastructure, technology, and software services. Yesterday, analyst Christian Schwab of Craig-Hallum reaffirmed a Buy rating on NOK stock. The stock’s 12-month price prediction, based on the consensus of three out of four top analysts, who rated the stock a Buy, implies an upside of 52.6%.
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. See real-time analyst rankings and learn more about the performance of top analysts on TipRanks’ Top Wall Street Analysts page.
