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3 Best Stocks to Buy Now, 6/7/2024, According to Top Analysts 
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3 Best Stocks to Buy Now, 6/7/2024, 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.

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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. 

Biomea Fusion (NASDAQ:BMEA) – This biopharma company develops irreversible small-molecule drugs to treat patients with genetically defined cancers. Today, Citi analyst Yigal Nochomovitz assigned a Buy rating on the stock with a price target of $45. In the last three months, all six Top Analysts covering the stock have rated it a Buy. Altogether, their 12-month price targets imply an upside of about 408%.

Amazon (NASDAQ:AMZN) – Amazon is an e-commerce giant and a leading cloud computing player. Today, TD Cowen analyst John Blackledge maintained a Buy rating on the stock with a price target of $225. In the last three months, all 35 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of over 20%.

Stellantis (NYSE:STLA) – STLA is a multinational automobile manufacturer. Today, RBC Capital analyst Tom Narayan reiterated a Buy rating on the stock with a price target of $33.78. In the last three months, 10 out of the 12 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of more than 37%.

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. 

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