The technology sector is in a state of continual transformation, driven by advancements in areas such as artificial intelligence (AI), cloud computing, semiconductors, cybersecurity, and more. Investors must allocate a portion of their funds to this high-growth sector to maximize their portfolio returns. Notably, amid the macroeconomic uncertainty surrounding U.S. President Donald Trump’s tariffs and the ongoing trade war with China, it would be prudent to follow the recommendations of top analysts on technology companies before making a decision.
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According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has 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.
QXO Inc. (QXO) – QXO operates in the building materials sector, with a special focus on commercial and residential roofing, waterproofing, and complementary building products in the U.S. Yesterday, William Blair analyst Ryan Merkel reiterated a Buy rating on QXO stock, as merger and acquisition activity is heating up in the building products sector. Merkel sees growing consolidation in the sector, which could boost valuations for larger public distributors. The analyst identified four major potential buyers of large building products distributors, including QXO. In the last three months, all eight Top Analysts covering QXO stock rated it a Strong Buy. Taken together, their 12-month average QXO price target implies an upside of about 59%.
BellRing Brands (BRBR) – BellRing Brands is a nutrition and wellness company, focused on developing and marketing protein-based products. Yesterday, Stifel Nicolaus analyst Matthew Smith reiterated his Buy rating on BRBR stock with a price target of $66, implying 62.2% upside. Smith noted that according to measured channel data, consumption of BellRing’s Premier Brand was up 44% in the latest two weeks, supported by a Costco (COST) member savings event. Smith believes the early August trends support its forecast of high-teen to low-20s percentage consumption growth for Premier in the fourth quarter.
Airo Group (AIRO) – AIRO Group is a U.S.-based advanced aerospace and defense company specializing in urban air mobility and drone ecosystems. BTIG analyst Andre Madrid maintained a Buy rating on AIRO stock with a price target of $26, implying nearly 18% upside potential. Madrid pointed to strong market potential, standout drone solutions, and better-than-expected Q2 results with 151% revenue growth. The company’s strong cash position and growth plans support his positive outlook.
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.