Which stocks are best to buy now amid the recent market pullback? 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.
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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.
Oric Pharmaceuticals (ORIC) – This is a clinical-stage biotech developing cancer treatments. Today, H.C. Wainwright analyst Robert Burns maintained a Buy rating on the stock with a price target of $25 per share. In the last three months, all eight Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of 169.23%.
Penguin Solutions (PENG) – Penguin Solutions provides high-performance computing and AI infrastructure solutions. Today, Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on the stock and increased the price target to $32 from $30 per share. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of 44.29%.
enGene Holdings (ENGN) – enGene Holdings is a clinical-stage biotech developing gene therapies for cancer. Today, Wells Fargo analyst Yanan Zhu maintained a Buy rating on the stock with a price target of $25 per share. In the last three months, all six Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of 299.41%.