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3 Best Stocks to Buy Now, 7/24/2024, According to Top Analysts
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3 Best Stocks to Buy Now, 7/24/2024, 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. 

Constellation Energy Corporation (CEG) – Constellation Energy offers electric power, natural gas, and energy management services. Yesterday, Morgan Stanley analyst David Arcaro maintained a Buy rating on the stock but decreased the price target to $232 from $241 per share. Interestingly, six out of the eight Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 22%. 

Apellis Pharmaceuticals (APLS) –  The company operates as a clinical-stage biopharmaceutical company. Yesterday, Stifel Nicolaus analyst Annabel Samimy maintained a Buy rating on the stock with a price target of $84 per share. Interestingly, nine out of the ten Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 108%. 

Frontline (FRO) – This is an American food processing company. Yesterday, Barclays analyst Andrew Lazar assigned a Buy rating on the stock with a price target of $96. 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 about 28%.

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. 

Disclosure 

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