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.
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.
New Fortress Energy (NASDAQ:NFE) – New Fortress provides natural gas energy solutions. On Monday, Deutsche Bank analyst Christopher Robertson reiterated a Buy rating on the stock with a price target of $40. Interestingly, all the three Top Analysts who recently rated the stock gave it a Buy. Taken together, their average 12-month price target implies an upside of 39%.
Marvell Technology (NASDAQ:MRVL) – Marvell develops semiconductors and related technology. Yesterday, Craig-Hallum analyst Christian Schwab reaffirmed a Buy rating on the stock. MRVL stock has received Buy recommendations from 18 out of 19 Top Analysts who have recently rated it. Overall, the consensus 12-month price target implies an increase of more than 33% from current levels.
Akero Therapeutics (NASDAQ:AKRO) – Akero is a clinical-stage biotechnology company developing treatments for patients with serious metabolic diseases. Today, Cantor Fitzgerald analyst Prakhar Agrawal initiated a Buy rating on the stock with a price target of $69. All four Top Analysts who recently rated the stock gave it a Buy. Collectively, the average of their 12-month price targets implies an upside of nearly 22%.
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.
