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3 Best Stocks to Buy Now, 1/18/2024, According to Top Analysts 
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 1/18/2024, According to Top Analysts 

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. 

Cheniere Energy (NYSE:LNG– Cheniere Energy is an American liquefied natural gas company. Yesterday, UBS Analyst Shneur Gershuni maintained a Buy rating on the stock but decreased the price target to $225 from $228 per share. In the last three months, all ten Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 25%. 

Springworks Therapeutics (NASDAQ:SWTX) –  This is a clinical-stage biopharmaceutical company. Yesterday, J.P. Morgan Analyst Anupam Rama maintained a Buy rating on the stock with a price target of $74 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 40%. 

Wynn Resorts (NASDAQ:WYNN– This company develops and operates high-end hotels and casinos. Yesterday, Macquarie Analyst Chad Beynon upgraded the rating to Buy and maintained a price target of $122 per share. Interestingly, eight out of the ten Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 26%.

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. 

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