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3 Best Stocks to Buy Now, 5/26/2023, According to Top Analysts – TipRanks Financial Blog

3 Stocks to Buy Today, 3/20/2023, According to Top Analysts – TipRanks Financial Blog

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.

Chewy (NYSE:CHWY) – Chewy is an online retailer of pet food, pet supplies, prescriptions, and other pet-related products. Yesterday, Bank of America Securities analyst Nat Schindler maintained a Buy rating on CHWY stock with a price target of $51. Overall, the consensus 12-month price target of the nine out of eleven top analysts who recently rated the stock a Buy, implies an upside of 55.5%.

Thermo Fisher (NYSE:TMO) – The company provides scientific instrumentation, reagents and consumables, and software services. Yesterday, analyst Derik De Bruin of Bank of America Securities maintained a Buy rating on TMO stock with a price target of $650. Overall, the consensus 12-month price target of all four top analysts who recently rated the stock a Buy, implies an upside of 25.3%.

Ambarella (NASDAQ:AMBA– The company provides users with solutions for ADAS, security cameras, and autonomous driving. Yesterday, Craig-Hallum analyst Richard Shannon assigned a Buy rating to AMBA stock. Overall, the consensus 12-month price target of the 10 out of 12 top analysts who recently rated the stock a Buy, implies an upside of 35.2%.

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. See real-time analyst rankings and learn more about the performance of top analysts on TipRanks’ Top Wall Street Analysts page.

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