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.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.
Ardelyx (ARDX) – Ardelyx is a biopharmaceutical company focused on developing medicines for gastrointestinal and kidney diseases. Today, Jefferies analyst Dennis Ding maintained a Buy rating on the stock and increased the price target to $15 from $8 per share. 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 74.36%.
Amazon (AMZN) – Amazon is a global e-commerce and cloud computing company that sells goods online and provides services like AWS. Today, Stifel Nicolaus analyst Mark Kelley maintained a Buy rating on the stock and increased the price target to $300 from $295 per share. In the last three months, all 44 Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 24.27%.
Capital One Financial (COF) – This is a diversified bank holding company offering credit cards, loans, and banking services to consumers and businesses. Today, KBW analyst Catherine Mealor maintained a Buy rating on the stock with a price target of $290 per share. Interestingly, 13 out of the 16 Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 27.54%.
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.