3 Best Stocks to Buy Now, 5/11/2023, 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 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 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.

Walt Disney (NYSE:DIS) – Disney is a diversified entertainment and media company. Today, analyst Benjamin Swinburne of Morgan Stanley assigned a Buy rating on DIS stock with a price target of $120. Overall, the consensus 12-month price target of the six out of seven top analysts who recently rated the stock a Buy, implies an upside of 27.1%.

FTC Solar (NASDAQ:FTCI) –  FTC Solar is a global provider of advanced solar tracker systems. Today, H.C. Wainwright analyst Amit Dayal maintained a Buy rating on FTCI stock with a price target of $5. Overall, the consensus 12-month price target of all four top analysts who recently rated the stock a Buy, implies an impressive upside of 49.1%.

Backblaze (NASDAQ:BLZE) – The company provides cloud storage services. Today, JMP Securities analyst Erik Suppiger reiterated a Buy rating on BLZE stock with a price target of $18. Overall, the consensus 12-month price target of all three top analysts who recently rated the stock a Buy, implies an impressive upside of 179.1%.

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.