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 today 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.
Amazon (NASDAQ:AMZN) – Amazon is a multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Today, Barclays analyst Ross Sandler reiterated a Buy rating on AMZN stock with a price target of $140. Overall, the consensus 12-month price target of the 28 out of 29 top analysts who recently rated the stock a Buy, implies an upside of 25.8%.
Carlisle Companies (NYSE:CSL) – All four top analysts who recently rated CSL stock have given it a Buy rating. The company manufactures and distributes construction materials, transportation products, and general industrial products. Today, Oppenheimer analyst Bryan Blair reaffirmed a Buy rating on the stock and a price target of $325. Overall, the consensus 12-month price target among top analysts suggests an upside of 51.6%.
Redwood Trust (NYSE:RWT) – Redwood is a specialty finance company focused on several distinct areas of housing credit. Today, analyst Kevin Barker of Piper Sandler maintained a Buy rating on RWT stock with a price target of $8.50. Overall, the consensus 12-month price target of the four out of five top analysts who recently rated the stock a Buy, implies an upside of 29.9%.
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.
