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.
Disc Medicine (IRON) – This is a clinical-stage biotech company focused on developing targeted therapies for rare blood disorders. Yesterday, Cantor Fitzgerald analyst Kristen Kluska maintained a Buy rating on the stock with a price target of $132 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 about 63.98%.
ACV Auctions (ACVA) – ACV Auctions is an online wholesale marketplace for used cars, connecting dealers with real-time vehicle auctions and data-driven insights. Yesterday, Piper Sandler analyst Alexander Potter maintained a Buy rating on the stock with a price target of $20 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 about 72.85%.
Applied Digital Corporation (APLD) – This is a tech company focused on high-performance computing, AI infrastructure, and sustainable data center operations. Yesterday, Northland Securities analyst Michael Grondahl maintained a Buy rating on the stock and increased the price target to $30 from $18 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 about 24.05%.
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.