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3 Best Stocks to Buy Now, 7/7/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 7/7/2023, 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 recently and has a significant upside as well.

Pick the best stocks and maximize your portfolio:

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.

Philip Morris (NYSE:PM) – Philip Morris is a leading tobacco company. Today, Barclays analyst Gaurav Jain upgraded the stock’s rating to Buy with a price target of $115. Overall, the consensus 12-month price target of all six top analysts who recently rated the stock a Buy, implies an upside of 20.51%.

Newmont (NYSE:NEM– The company engages in the exploration and production of gold, copper, silver, zinc, and lead. Today, Barclays analyst Matt Murphy upgraded the stock’s rating to Buy with a price target of $61. 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 nearly 43%.

Thermo Fisher (NYSE:TMO) – The company provides scientific instrumentation, reagents and consumables, and software services. Yesterday, analyst Derik De Bruin of Bank of America Securities maintained a Buy rating on the stock with a $650 price target. Overall, the consensus 12-month price target of all four top analysts who recently rated the stock a Buy, implies an upside of 26.13%.

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.

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