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.
Ares Management (ARES) – Ares Management is a global alternative investment firm specializing in credit, private equity, real estate, and infrastructure assets. Today, JMP Securities Analyst Brian McKenna maintained a Buy rating on the stock with a price target of $165 per share. Interestingly, seven out of the eleven Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 59.2%.
Alibaba (BABA) – Alibaba is a Chinese tech giant that operates e-commerce, cloud computing, digital media, and logistics platforms. Today, Bank of America Securities analyst Joyce Ju maintained a Buy rating on the stock but decreased the price target to $146 from $150 per share. In the last three months, all eleven Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 57.46%.
Meta Platforms (META) – This is a tech company that owns Facebook, Instagram, and WhatsApp, and is focused on building social media tools. Yesterday, Roth MKM analyst Rohit Kulkarni maintained a Buy rating on the stock with a price target of $730 per share. Interestingly, 41 out of the 44 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 46.49%.
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. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time.
See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page.