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Premium Markets
Laila Maidan
2023-06-07T08:00:00Z
- TipRanks' compiled list is based on analysts with four to five-star ratings.
- These ratings have been assigned to the listed stocks within the last three days.
- The stocks' upsides range from over 5% to over 500%.
The stock market has made a comeback in 2023. At Monday's close, the S&P 500 was already up by 11.76% to 4,273.79 year-to-date.
But any excitement could be premature, according to a team of Morgan Stanley strategists with a bearish outlook. The investment bank expects corporate earnings to slow, slamming the breaks on the stock market's upward trend by the end of the year. Slowed revenue growth will drag earnings per share (EPS) for the S&P 500 down by 16% and the overall index to 3,900 by year-end.
Yet, even if sentiment is bearish on the overall market, some stocks are expected to outperform. But the thought of picking and choosing stocks can be daunting. Even among analysts, there are hundreds of opinions to choose from.
One way to navigate this is to see which stocks garner attention by being analysts' most recommended stocks.
Below is a list of 30 stocks with "strong buy" ratings which has been compiled by TipRanks, a fintech company that uses artificial intelligence to analyze stock-market data. These ratings were freshly set during the past week.
Each stock includes its price target along with the percentage gains forecasted by top analysts, who are those TipRanks has assigned four or five-star ratings based on three main criteria:
- An analyst's average returns.
- Profits or losses on recommendations.
- The volume of corrections and transactions they make.
1. Cogent Biosciences
Markets InsiderTicker: COGT
Market Cap: $920.18M
Best Price Target Upside: $20.25
Top Analysts' Price Target - upside/downside: 55.77%
2. Chicken Soup For The Soul Entertainment
Markets InsiderTicker: CSSE
Market Cap: $40.05M
Best Price Target Upside: $4.50
Top Analysts' Price Target - upside/downside: 248.84%
3. Gracell Biotechnologies
Markets InsiderTicker: GRCL
Market Cap: $207.16M
Best Price Target Upside: $13.33
Top Analysts' Price Target - upside/downside: 308.9%
4. Dell Technologies
Markets InsiderTicker: DELL
Market Cap: $34.57B
Best Price Target Upside: $53.88
Top Analysts' Price Target - upside/downside: 17.33%
5. Bowlero Corp. Class A
Markets InsiderTicker: BOWL
Market Cap: $2.01B
Best Price Target Upside: $19.75
Top Analysts' Price Target - upside/downside: 55.63%
6. Academy Sports and Outdoors
Markets InsiderTicker: ASO
Market Cap: $3.95B
Best Price Target Upside: $73.29
Top Analysts' Price Target - upside/downside: 49.27%
7. Karuna Therapeutics
Markets InsiderTicker: KRTX
Market Cap: $8.75B
Best Price Target Upside: $252.6
Top Analysts' Price Target - upside/downside: 8.4%
8. Genius Sports Limited
Markets InsiderTicker: GENI
Market Cap: $1.29B
Best Price Target Upside: $7.25
Top Analysts' Price Target - upside/downside: 19.05%
9. Sprout Social
Markets InsiderTicker: SPT
Market Cap: $2.40B
Best Price Target Upside: $63.50
Top Analysts' Price Target - upside/downside: 44.98%
10. Crinetics Pharmaceuticals
Markets InsiderTicker: CRNX
Market Cap: $1.19B
Best Price Target Upside: $42.25
Top Analysts' Price Target - upside/downside: 93.28%
11. Dundee Precious Mtl
Ticker: DPMLF
Market Cap: $1.35B
Best Price Target Upside: $7.11
Top Analysts' Price Target - upside/downside: 50.33%
12. Glencore
Markets InsiderTicker: GLCNF
Market Cap: $53.88B
Best Price Target Upside: $7.87
Top Analysts' Price Target - upside/downside: 47.43%
13. Five Below
Markets InsiderTicker: FIVE
Market Cap: $10.16B
Best Price Target Upside: $220.08
Top Analysts' Price Target - upside/downside: 20.58%
14. Intra-Cellular Therapies
Markets InsiderTicker: ITCI
Market Cap: $5.88B
Best Price Target Upside: $77
Top Analysts' Price Target - upside/downside: 22.92%
15. Walmart
Markets InsiderTicker: WMT
Market Cap: $401.17B
Best Price Target Upside: $169.81
Top Analysts' Price Target - upside/downside: 13.27%
16. Philip Morris
Markets InsiderTicker: PM
Market Cap: $142.46B
Best Price Target Upside: $116.5
Top Analysts' Price Target - upside/downside: 28.81%
17. Stratasys
Markets InsiderTicker: SSYS
Market Cap: $1.09B
Best Price Target Upside: $18.75
Top Analysts' Price Target - upside/downside: 13.88%
18. Jazz Pharmaceuticals
Markets InsiderTicker: JAZZ
Market Cap: $8.21B
Best Price Target Upside: $204.33
Top Analysts' Price Target - upside/downside: 58.51%
19. ImmunoGen
Ticker: IMGN
Market Cap: $3.68B
Best Price Target Upside: $19
Top Analysts' Price Target - upside/downside: 25.99%
20. Interactive Brokers
Markets InsiderTicker: IBKR
Market Cap: $33.77B
Best Price Target Upside: $115.5
Top Analysts' Price Target - upside/downside: 43.48%
21. Gildan Activewear
Markets InsiderTicker: GIL
Market Cap: $7.02B
Best Price Target Upside: $38.3
Top Analysts' Price Target - upside/downside: 31.03%
22. Avadel Pharmaceuticals
Markets InsiderTicker: AVDL
Market Cap: $916.02M
Best Price Target Upside: $18.75
Top Analysts' Price Target - upside/downside: 32.42%
23. Ciena
Markets InsiderTicker: CIEN
Market Cap: $7.18B
Best Price Target Upside: $67.55
Top Analysts' Price Target - upside/downside: 42.21%
24. Asure
Markets InsiderTicker: ASUR
Market Cap: $258.61M
Best Price Target Upside: $21
Top Analysts' Price Target - upside/downside: 69.9%
25. CyberArk Software
Markets InsiderTicker: CYBR
Market Cap: $6.13B
Best Price Target Upside: $173.8
Top Analysts' Price Target - upside/downside: 16.01%
26. ACV Auctions
Markets InsiderTicker: ACVA
Market Cap: $2.79B
Best Price Target Upside: $19.13
Top Analysts' Price Target - upside/downside: 8.63%
27. Corebridge Financial, Inc.
markets InsiderTicker: CRBG
Market Cap: $11.466B
Best Price Target Upside: $23
Top Analysts' Price Target - upside/downside: 27.99%
28. Movella Holdings
Markets InsiderTicker: MVLA
Market Cap: $131.34M
Best Price Target Upside: $4.50
Top Analysts' Price Target - upside/downside: 62.45%
29. Treace Medical Concepts
Markets InsiderTicker: TMCI
Market Cap: $1.64B
Best Price Target Upside: $32
Top Analysts' Price Target - upside/downside: 21.67%
30. Flywire
Markets InsiderTicker: FLYW
Market Cap: $3.47B
Best Price Target Upside: $34.80
Top Analysts' Price Target - upside/downside: 10.55%
31. Science 37
Markets InsiderTicker: SNCE
Market Cap: $30.36M
Best Price Target Upside: $1.63
Top Analysts' Price Target - upside/downside: 503.7%
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