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.
MGM Resorts (NYSE:MGM) – MGM Resorts is a global casino operator with six Buy ratings from top analysts. Today, Citigroup analyst George Choi reiterated a Buy rating on MGM stock with a price target of $63. Overall, the consensus 12-month price target of the nine out of 11 top analysts who recently rated the stock a Buy, implies an upside of 20.9%.
Travere Therapeutics (NASDAQ:TVTX) – All six top analysts who recently rated TVTX stock have given it a Buy rating. The biopharmaceutical company develops life-changing therapies for patients with rare diseases. Today, Guggenheim analyst Vamil Divan reaffirmed a Buy rating on the stock and a price target of $23. Overall, the consensus 12-month price target among top analysts suggests an upside of 69.5%.
Mercadolibre (NASDAQ:MELI) – Mercadolibre operates online marketplaces for e-commerce and online auctions. Today, analyst Stephen Ju of Credit Suisse maintained a Buy rating on MELI stock with a price target of $1,700. Overall, the consensus 12-month price target of all four top analysts who recently rated the stock a Buy, implies an upside of 25.1%.
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.
