In the fast-changing stock market, where are the best investment chances? Are the top stocks chosen by experts worth your notice? What are the hidden gems that could bring big gains? As the market hits new highs, smart investors look for stocks ready to beat the general trends.
Bank of America has put together a list of its top stock picks for the quarter. This list comes from deep analysis by its equity research team1. These stocks stand out for their special factors that could happen before the quarter ends. This could give investors an advantage. The S&P 500 has jumped over 20% in the last year and is up 10% in the first quarter of 20242. With the market doing well, 23 S&P 500 stocks have a Strong Buy rating from Wall Street analysts. This shows they have great potential2.
Key Takeaways
- Experts have picked top stocks with special catalysts and big upside potential.
- The market has seen big gains, with the S&P 500 going up over 20% in the past year.
- Some S&P 500 stocks are highlighted with Strong Buy ratings from Wall Street experts.
- Investing in stocks needs deep research and understanding of market trends.
- Diversification and a long-term view are crucial for a strong portfolio.
What Are the Best Stocks to Buy Now?
As the market changes, smart investors look for the best stocks to buy now. Three companies are getting a lot of attention from experts. These are
Nvidia (NVDA)
,
Amazon.com (AMZN)
, and
Emerson Electric (EMR)
3.
Nvidia leads in semiconductors and has been a top performer in tech4. It has a market cap of $558.11 billion and a profit margin of 14.37%. This makes Nvidia a strong choice for investors looking at the growing demand for its GPUs and AI solutions4.
Amazon dominates online retail4. With a market cap of $1.88 trillion and a profit margin of 6.38%, its diverse business, including cloud computing and logistics, makes it an attractive investment4.
Emerson Electric is also drawing investor interest3. This company has a wide range of products in automation, climate, and industrial sectors. It’s seen as a potential winner in the recovery of industrial and manufacturing sectors3.
Experts on Wall Street have picked these three stocks as top choices4. Nvidia, Amazon, and Emerson Electric all get a Strong Buy rating. Investors looking to grow their portfolios might want to consider these stocks for their potential in tech, e-commerce, and industrial sectors3.
Company | Market Cap (USD) | EPS | P/E Ratio | Profit Margin |
---|---|---|---|---|
Nvidia | 558.11 billion | 3.91 | 44.76 | 14.37% |
Amazon | 1.88 trillion | 3.57 | 50.75 | 6.38% |
Emerson Electric | N/A | N/A | N/A | N/A |
Stocks to Buy According to Wall Street Analysts
Investors often turn to Wall Street analysts for stock advice. These experts watch market trends and company finances to find top investments. Microsoft (MSFT), UnitedHealth Group (UNH), and Delta Air Lines (DAL) are top picks right now5.
Microsoft (MSFT)
Microsoft is a top tech stock with a Strong Buy rating from analysts, scoring 1.335. Its strong position in tech makes it a great pick. Analyst Ivan Feinseth of Tigress Financial boosted his price target to $550, praising Microsoft’s innovation and growth.6
UnitedHealth Group (UNH)
UnitedHealth Group is a top healthcare stock with a Strong Buy rating and a score of 1.365. It’s known for its strong finances and leading position in healthcare. This makes it a solid choice for healthcare investments.
Delta Air Lines (DAL)
Delta Air Lines is a top airline stock with a Strong Buy rating and a score of 1.385. Analyst Helane Becker of Cowen keeps a buy rating with a $55 target, praising Delta’s strong performance and recovery in travel.6
Microsoft, UnitedHealth Group, and Delta Air Lines are highly recommended by Wall Street analysts. They are great choices for investors looking to diversify in tech, healthcare, and airlines5.
Growth Stocks to Consider
As markets hit new highs, smart investors look at growth stocks that could beat the market7. These companies often have strong revenue growth, new products, and unique benefits that lead to big returns8.
The semiconductor industry is a key area to watch, with Nvidia showing huge growth, boasting a 3-year Sales Growth CAGR of 54% in 20247. Other areas like e-commerce, digital payments, cloud computing, and digital advertising are also promising as they change our lives and work7. Companies leading these trends, with their network effects and scale advantages, could offer big gains7.
- The S&P 500 Growth index fell 30% in 2022 but bounced back in 2023, showing growth stocks can recover7.
- High-growth stocks often have higher profit ratios, like price-to-earnings and price-to-sales7.
- The Vanguard Small-Cap Growth ETF tracks about 580 small-cap growth companies with a very low fee of 0.07%7.
- Spotting growth stocks early can lead to big returns over time7.
Growth stocks come with more risk but can offer big rewards for those who research well8. By picking companies with strong growth and unique factors, investors can beat the market7.
“Investing in growth stocks needs a long-term view and a readiness for short-term ups and downs. Yet, the potential gains can be huge for those who pick the right companies early.”
Always spread out your investments and don’t put too much into one stock or type of investment. The “90/10 rule” advises not to invest more than 10% of your portfolio in individual stocks and the rest in low-cost index funds8.
By researching and choosing growth stocks that fit your goals and risk level, you can take advantage of the market’s long-term growth and build a strong portfolio78.
Value Stocks for Smart Investors
Smart investors often look at value stocks to build a strong portfolio. These stocks are priced lower than they should be, offering big potential gains for those who research well9. Two companies,
Lamb Weston (LW)
and
Alexandria Real Estate Equities (ARE)
, are seen as good value plays.
Lamb Weston (LW)
leads in frozen French fries and other potato products. Despite restaurant industry hurdles, Lamb Weston stays strong, with a 10 price-to-earnings ratio9. Experts see its strong market spot and growth potential as the economy recovers.
Alexandria Real Estate Equities (ARE)
focuses on life science properties through a REIT. It’s in prime spots near top research centers, making it a key player in biotech and pharma research. Its stock is now cheaper, drawing in value investors.
Lamb Weston and Alexandria Real Estate Equities are seen as top picks for smart investors10. They stand out with their strengths and low prices, offering chances for growth and steady income.
“Value stocks have historically outperformed growth stocks during periods of economic uncertainty, making them a compelling option for investors seeking stability and consistent returns.”
Choosing the right investment means doing deep research and looking at financials. By finding companies with strong basics but low prices, investors can mix growth and stability. This approach can lead to success in the changing market91011.
stocks to buy for Long-Term Growth
The stock market can be unpredictable in the short term. Yet, smart investors look for long-term growth stocks that promise steady returns over time. Two companies stand out:
Mondelez International (MDLZ)
and
Elevance Health (ELV)
Mondelez International (MDLZ)
Leads the consumer staples industry with brands like Oreo, Ritz, and Triscuit. It shows strong long-term growth potential through constant innovation and expanding its offerings12. Its focus on consumer staples and global presence make it a top pick for those looking for long-term growth.
Elevance Health (ELV)
Known as Anthem before, it’s a leading healthcare provider that has beaten the market consistently. Its long-term growth comes from its strong healthcare industry position, set for growth with an aging population and more healthcare needs12. Elevance Health’s diverse business and focus on innovation make it a great choice for long-term growth in healthcare.
Wall Street analysts highly recommend both Mondelez International and Elevance Health for their long-term growth potential12. For those aiming for a long-term growth portfolio, adding these stocks could be a wise move.
“Investing in stocks with a proven track record of consistent growth can be a smart way to build wealth over the long term.”
Choosing long-term growth stocks like Mondelez International and Elevance Health can lead to capital appreciation and dividends. This strategy can help investors achieve long-term success in the stock market.
Best Stocks in Aerospace and Defense
The aerospace and defense sector is a top choice for investors looking for stability and growth. The United States leads the world in military strength, keeping the demand for advanced aircraft and defense tech high13. With a market value of $996.877 billion and making up 18.95% of the market, this sector is a great chance for diversifying your investments.
GE Aerospace (GE) and Howmet Aerospace (HWM) are leading names in the aerospace and defense field13. GE Aerospace, with a market value of $175.685 billion, is a top maker of aircraft engines and parts. Howmet Aerospace, valued at $32.165 billion, specializes in advanced products for aerospace and defense13. Both companies get strong buy ratings from analysts, making them great picks for those wanting to invest in aerospace and defense.
GE Aerospace (GE)
13 GE Aerospace is a key player in the aerospace industry, focusing on jet engines, components, and systems for commercial and military planes. They offer engines for a variety of aircraft, from the Boeing 747 to the Airbus A350. With a focus on innovation, GE Aerospace delivers reliable and efficient solutions globally.
Howmet Aerospace (HWM)
13 Howmet Aerospace, previously Arconic, is a leader in making advanced products for aerospace and defense. They produce lightweight components, fasteners, and other essential parts for aircraft and defense systems. Their dedication to quality and innovation makes them a reliable partner for top industry players.
14 Insider Monkey’s review of 910 hedge fund portfolios for Q3 2023 shows strong interest in Howmet Aerospace (HWM), with 44 shareholders.
The aerospace and defense sector is exciting and full of potential for investors. GE Aerospace and Howmet Aerospace are top picks13. With the U.S. leading in military strength and global demand for advanced aircraft and defense tech on the rise, these companies are set to benefit from the industry’s growth.
“The United States holds the most powerful military in the world, with the greatest number of aircraft carriers and thousands of aircraft in its air force, which drives the aerospace and defense industry.”14
For investors looking to add stability and growth to their portfolios, these aerospace and defense stocks are worth considering141513.
Promising Tech Stocks to Invest In
The tech sector is full of great investment chances. ServiceNow (NOW) and Uber Technologies (UBER) are two stocks that smart investors are watching closely16. These companies lead in their fields, offering strong growth and solid foundations1718.
ServiceNow (NOW)
ServiceNow is a cloud-based software company that helps big companies work better18. It has a Composite Rating of 97, showing a 39% jump in latest-quarter earnings per share, a 16% increase in sales, and a five-year EPS growth of 29%18. Its innovative products and services make it a leader in the software world. Wall Street analysts strongly recommend buying this stock.
Uber Technologies (UBER)
Uber is a big name in ride-sharing, changing how we move around cities1716. Its tech has changed traditional transport and is growing worldwide. Uber has faced some legal issues but is still a strong choice for investors.
Investing in tech stocks needs careful thought and a varied strategy16. The tech world is unpredictable, with risks like data breaches and economic changes17. Yet, its growth and variety make it a good sector for long-term investors1716.
To reduce risks, keep tech stocks to about 10% of your portfolio. Think about tech ETFs or mutual funds for more variety17. The Technology Select Sector SPDR Fund (XLK) is a good example of a tech ETF that covers major tech companies17.
By researching and picking promising tech stocks like ServiceNow and Uber, investors can grab growth chances in the tech sector18. But, it’s key to do your homework, know the business and finances, and keep your investments spread out to handle tech’s ups and downs171816.
Top Stocks in Travel and Hospitality
The travel and hospitality industry is looking up as the global economy recovers. Las Vegas Sands (LVS) is a top pick for investors. It’s a leading casino and resort operator in Las Vegas and Macau.
Wall Street analysts give Las Vegas Sands a Strong Buy rating. They believe the company is set to benefit from the travel rebound19. The Venetian and Palazzo resorts in Las Vegas are seeing more visitors and making more money as restrictions ease.
Other great stocks in the travel and hospitality sector include Hilton Worldwide Holdings (NYSE:HLT), Texas Roadhouse (NASDAQ:TXRH), and Century Casinos (NASDAQ:CNTY)19. These companies have shown strong financials lately, showing the industry’s strength and growth potential.
Choice Hotels International (NYSE:CHH) and Monarch Casino & Resort (NASDAQ:MCRI) are also doing well19. They’ve seen revenue go beyond pre-pandemic levels in some areas. Their ability to adjust and attract more travelers makes them good choices for investors.
The industry looks promising overall20. U.S. travel spending has gone past pre-pandemic levels, and international travel is coming back. ETFs like the ETFMG Travel Tech ETF and the U.S. Global Jets ETF offer a way to invest in this growing sector.
With the economy getting better and consumer confidence up, the travel and hospitality sector is set for growth21. Stocks like these have strong brands, can adapt, and could see a lot of spending from consumers. They could be good investment choices for smart investors.
Stocks with Strong Financials
Choosing stocks with strong financials is a smart move for building a solid investment portfolio. Mastercard (MA) and Boston Scientific (BSX) are two companies that have caught the eye of investors and analysts22. They offer services like investment banking, consumer banking, and credit card services22.
Mastercard (MA)
Mastercard leads in global payments and financial services, showing strong financial health22. Its revenue and earnings have grown a lot, with the financial sector expected to grow faster than the economy22. Its market position, innovative products, and strong brand make it a great choice for investors22.
Boston Scientific (BSX)
Boston Scientific is a top name in medical devices, attracting investors and analysts23. It has strong finances, with earnings growth and a high return on equity, making it appealing23. As healthcare changes, Boston Scientific’s innovative products and solid finances make it a stock with growth potential22.
Analysts give Mastercard and Boston Scientific Strong Buy ratings, highlighting their financial health and growth22. These companies are great picks for investors looking for strong financials22.
Company | Ticker | Sector | Analyst Rating | Dividend Yield |
---|---|---|---|---|
Mastercard | MA | Financial Services | Strong Buy | 0.5% |
Boston Scientific | BSX | Healthcare | Strong Buy | N/A |
“Stocks with strong financials are the foundation of a well-diversified portfolio, offering stability and growth potential for investors.”
Investing in Mastercard and Boston Scientific can offer long-term growth and resilience in the financial sector22. These companies have solid finances, consistent profits, and promising futures. They are great choices for building a portfolio with strong financials222423.
Emerging Investment Opportunities
As financial markets change, smart investors look for new investment chances that could grow a lot. Several companies across different areas have caught Wall Street’s attention. They have strong buy recommendations from analysts25.
Micron Technologies (MU)
Micron Technologies is a top name in semiconductors. Its shares are rising fast because the world needs more memory and storage. With its advanced tech and strong market spot, it’s a great pick for investors into semiconductors25.
S&P Global (SPGI)
S&P Global is known for its financial info and analytics. It offers credit ratings, market insights, and risk management tools. With its solid finances and leading position, it’s a top choice for investors25.
Targa Resources (TRGP)
Targa Resources is a key player in the energy sector. It focuses on natural gas and liquids processing, transportation, and storage. As clean energy grows, Targa is set to benefit from this trend25.
SLB (SLB)
SLB, formerly Schlumberger, leads in the energy services field. It excels in oilfield services, digital solutions, and sustainable energy tech. With its diverse offerings and tech edge, it’s a strong pick for investors25.
Insulet (PODD)
Insulet makes medical devices, especially insulin delivery systems. The demand for new healthcare solutions, like diabetes management, makes it a promising investment. Its advanced tech and strong market presence make it appealing25.
Assurant (AIZ)
Assurant is a top provider of risk management solutions. It offers insurance and warranty products across housing, lifestyle, and automotive sectors. With its innovative solutions and strong market position, it’s an attractive investment25.
These companies, in sectors like semiconductors, energy, healthcare, and insurance, have strong buy recommendations. Investors looking for new opportunities should consider these stocks for their portfolios25.
Remember, these opportunities are promising but require careful research and advice. The best investments match your risk level, goals, and financial situation26.
For a variety of investment options, from safe choices like CDs to riskier stocks, check out trusted sites like Bankrate.com and NerdWallet27.
Company | Sector | Investment Highlights |
---|---|---|
Micron Technologies (MU) | Semiconductors | Global demand for memory and storage solutions, cutting-edge technology, strong market position |
S&P Global (SPGI) | Financial Services | Diversified portfolio of financial information and analytics, industry-leading reputation, solid financial performance |
Targa Resources (TRGP) | Energy | Focus on natural gas and natural gas liquids processing, transportation, and storage services, poised to benefit from growing demand for clean energy |
SLB (SLB) | Energy Services | Global leader in oilfield services, digital solutions, and sustainable energy technologies, diversified portfolio |
Insulet (PODD) | Healthcare | Specializes in insulin delivery systems, growing demand for innovative healthcare solutions, state-of-the-art technology |
Assurant (AIZ) | Insurance | Diversified portfolio of insurance and warranty products, resilient player in the insurance industry, growing demand for personalized risk management solutions |
These emerging investment opportunities cover various sectors, including semiconductors, energy, healthcare, and insurance. They have strong buy recommendations from Wall Street analysts. By diversifying and researching these companies, investors can potentially benefit from their growth and outperformance25.
“Investing in emerging opportunities requires thorough research, diversification, and a long-term mindset. By identifying and selectively investing in these promising companies, investors can position themselves for potential growth and outperformance in the ever-evolving financial markets.”
Conclusion
This article has given investors a lot of insights and expert advice on top stocks to think about for their portfolios. It covered a wide range of sectors, like tech, healthcare, aerospace, and defense. This showed the best investment chances that fit different investment plans and risk levels28.
The article went deep into growth stocks, value plays, and new trends in investing. It gave readers the info they need to make smart choices and boost their portfolio’s performance. It talked about stock screening, chart analysis, and checking different sectors. This helps investors improve their investment plans and find good stocks28.
Also, the article looked at key things to think about when investing. It talked about the need for diversification, the risks and benefits of stocks versus bonds, and what affects buying or selling a stock. These tips can guide investors through the changing market and match their investment goals with the right asset mix and risk management2930.
FAQ
What are the top stocks to buy according to experts?
Experts recommend buying stocks like Nvidia (NVDA), Amazon.com (AMZN), Emerson Electric (EMR), Microsoft (MSFT), UnitedHealth Group (UNH), and Delta Air Lines (DAL). These companies have strong buy ratings from Wall Street analysts.
What growth stocks are worth considering?
Mondelez International (MDLZ) and Elevance Health (ELV) are seen as growth stocks with strong potential. They have positive growth prospects and catalysts.
What are some value stock opportunities?
Consider Lamb Weston (LW) and Alexandria Real Estate Equities (ARE) as value stocks. They are seen as undervalued with strong buy ratings.
Which stocks in the aerospace and defense sector are recommended?
GE Aerospace (GE) and Howmet Aerospace (HWM) are top picks in the aerospace and defense sector, according to the sources.
What promising tech stocks are worth investing in?
ServiceNow (NOW) and Uber Technologies (UBER) are promising tech stocks with strong buy ratings from analysts.
What are some emerging investment opportunities to keep an eye on?
Look out for Micron Technologies (MU), S&P Global (SPGI), Targa Resources (TRGP), SLB (SLB), Insulet (PODD), and Assurant (AIZ). These stocks have strong buy recommendations.
Source Links
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