For Immediate ReleaseChicago, IL – December 5, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi
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.
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.
Nvidia (
NASDAQ:NVDA) –
NVDA is one of the leading semiconductor companies in the U.S. Yesterday,
Piper Sandler analyst Harsh Kumar reiterated a Buy rating on Nvidia stock with a price target of $620. Interestingly, 26 out of the 29 Top Analysts who recently rated the NVDA stock gave it a Buy. Collectively, their 12-month price targets imply an upside of about 44%.
General Motors (
NYSE:GM)
– General Motors is an American multinational automotive manufacturing company. Yesterday,
Jefferies analyst Philip Gibbs reiterated a Buy rating on the stock and increased the price target to $95 from $90. Interestingly, eight out of the ten Top Analysts who recently rated the stock gave it a Buy. Collectively, their 12-month price targets imply an upside of nearly 39%.
FLEX (
NASDAQ:FLEX) –
This is a global supply chain & manufacturing solutions provider. Today,
Craig-Hallum analyst Christian Schwab assigned a Buy rating on the stock. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Collectively, their 12-month price targets imply an upside of nearly 36%.
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
Japan's Nikkei share average posted its steepest drop in nearly six weeks on Tuesday, as elevated U.S. Treasury yields drove a heavy sell-off in Advantest and other chip-related stocks.
U.S. stocks ended lower on Monday, interrupting last week's rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year.
U.S. stocks ended lower on Monday, interrupting last week's rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year.
U.S. stocks dipped from recent highs on Monday, with investors turning cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year.
The WisdomTree U.S. Quality Growth Fund ETF is seeing unusually high volume in afternoon trading Monday, with over 543,000 shares traded versus three month average volume of about 25,000. Shares of QGRW were off about 1.2% on the day.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.
A new year is just around the corner, making it the perfect time for investors to consider what companies are likely to flourish in 2024. The tech market is a great place to start, and is known for rewarding investors with gains over the long term. The Nasdaq-100 Technology Secto
U.S. stocks fell on Monday after rallying the previous week,
on caution ahead of a slew of economic data due this week that
will likely put to test the narrative of the Federal Reserve
cutting interest rates by early next year.
After several twists and turns, the S&P 500 set a record high of 2023, extending its blockbuster November rally. With the latest surge, the benchmark quickly erased its steep drop seen in the summer and has gained 20% so far t
International Business Management IBM recently announced certain advancements in geospatial AI technologies to effectively address the climate challenges and better manage the issues arising from it. IBM is collaborating with acad
Wall Street's main indexes fell on Monday, as investors remained cautious ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Wall Street was set to open lower on Monday, as investors turned wary ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.
Wall Street witnessed an impressive rally in November. After three consecutive months of decline, U.S. stock markets rebounded last month buoyed by a steadily dwindling inflation rate, recently released several weak economic data
U.S. stock index futures slipped on Monday, as investors turned wary ahead of a slew of economic data this week that is likely to test the narrative about a cut in interest rates by the Federal Reserve early next year.