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.
Sprout Social (NASDAQ:SPT) – The software company helps businesses manage their social presence through one central platform. Today, analyst Raimo Lenschow of Barclays assigned a Buy rating on the stock with a price target of $62. Overall, the consensus 12-month price target of the five out of six top analysts who recently rated the stock a Buy, implies an upside of 46.5%.
Philip Morris (NYSE:PM) – Philip Morris is a leading tobacco company. Today, Barclays analyst Gaurav Jain assigned a Buy rating on PM stock with a $110 price target. Overall, the consensus 12-month price target of all six top analysts who recently rated the stock a Buy, implies an upside of 26.9%.
Ciena (NYSE:CIEN) – The company provides telecommunications networking equipment and software services. Today, Barclays analyst Tim Long assigned a Buy rating on CIEN stock with a $74 price target. Overall, the consensus 12-month price target of the 10 out of 12 top analysts who recently rated the stock a Buy, implies an upside of 40.4%.
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.