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.
Krispy Kreme (NASDAQ:DNUT) – Krispy Kreme is a doughnut company known for its signature glazed doughnuts and other sweet treats. Yesterday, Truist Financial analyst Scot Ciccarelli upgraded the stock’s rating to Buy with a price target of $15. In the last three months, all four Top Analysts covering the stock have rated it a Buy. Altogether, their 12-month price targets imply an upside of about 77%.
Academy Sports and Outdoors (NASDAQ:ASO) – This company operates a chain of sporting goods stores. Yesterday, Telsey Advisory analyst Joe Feldman maintained a Buy rating on the stock with a price target of $75. In the last three months, all 11 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of nearly 77%.
Applied Digital Corporation (NASDAQ:APLD) – This company develops and operates next-generation data centers across North America. Yesterday, Northland Securities analyst Michael Grondahl reiterated a Buy rating on the stock with a price target of $12. In the last three months, all five Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 118%.
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.
