3 New Strong Buy Ratings from Top-Rated Analysts: 04/03/2025

Fresh picks, delivered. 3 shiny new Strong Buy alerts, all sourced from our Strong Buy Stocks from Top Wall Street Analysts screener:

• Primoris Services Corp (NYSE: PRIM) could nearly double in a year, according to top-rated analysts
• The momentum could continue for pandemic winner Chewy Inc (NYSE: CHWY)
• Pinterest Inc (NYSE: PINS) was recently upgraded from Hold to Buy by Zen Ratings 

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1. Primoris Services Corp (NYSE: PRIM)

Primoris is a specialty contractor that covers everything from construction and fabrication to maintenance and replacement in the high-growth area of renewable, industrial-scale energy. With infrastructure spending set to increase substantially, and a record $11.9 billion backlog already on the books, PRIM currently looks like one of the business that is best-positioned to take advantage of the clean energy revolution.

Zen Rating: A (Strong Buy) — see full analysis >  

Recent Price: $57.27   — get current quote > 

Max 1-year forecast: $102.00 

Why we’re watching:

• Out of the 7 analysts who track Primoris stock, 6 rate it a Strong Buy, which is supplemented with a lone Hold rating. See the ratings
• Most recently, Jefferies researcher Julien Dumoulin-Smith (a top 6% rated analyst) initiated coverage on PRIM back on March 11. The analyst set a Strong Buy rating, with a $73 price target.
• With that being said, Guggenheim’s Joseph Osha (a top 4% rated analyst) set the Street-high price target of $102 back in January.
• While the discrepancy is notable, Wall Street’s bullish outlook is rather clear — with an average 12-month price forecast of $89.14, analysts currently imply a 55.65% upside for PRIM.
• On the whole, Primoris stock ranks in the top 1% of equities we track, and has an overall Zen Rating of A.
• In what is a rather rare sight, PRIM ranks quite highly — and equally well, in both Value and Growth — in the top 8% of stocks, to be exact. However, the stock’s Sentiment Rating is where it truly shines, as it ranks in the 94th percentile in that category. (See all 7 Zen Component Grades here >)

2. Chewy Inc (NYSE: CHWY)

This pure-play e-commerce business soared to incredible heights during the pandemic. Chewy provides everything your pets could want for — from food, treats, and toys to medication. With that said, why might you want CHWY? In the last 365 days, the stock’s price has soared by 102.2%, and although it is exposed to some tariff risks, the company is quite well-positioned, financially speaking, to weather any emerging challenges.

Zen Rating: B (Buy) — see full analysis >  

Recent Price: $32.17  — get current quote > 

Max 1-year forecast: $47.00 

Why we’re watching:

• As of early April, 15 analysts track Chewy stock and issue ratings for it — 8 of whom have deemed it a Strong Buy. The remaining ratings are split between 6 Buys and 1 Hold — so coverage is almost unanimously bullish. See the ratings
• Citigroup’s Steven Zaccone (a top 25% rated analyst) maintained a Strong Buy rating on the stock and raised his price target from $40 to $42, following the company’s Q4 and FY 2024 earnings.
• Looking ahead, Zaccone predicted that Chewy's sales momentum would continue because the company is gaining market share based on its steady auto-ship business as its customer count increased to positive low-single-digit growth, which "is a key driver for the growth story to get back on track."
• In addition, the researcher praised the strength of the fundamentals of Chewy’s business, as well as management’s “solid” guidance for FY 2025.
• CHWY stock has an overall Zen Rating of B — meaning that our rating system has identified it as an equity that has a high likelihood of outperforming the wider market.
• While it ranks solidly in terms of Momentum, Financials is CHWY’s strongest suit — as it is rated in the top 8% of stocks in that regard. (See all 7 Zen Component Grades here >)

3. Pinterest Inc (NYSE: PINS)

Pinterest is not your average social media platform — and that is exactly why it remains appealing to retail investors and Wall Street analysts alike. With a strong focus on visual discovery and a moodboard-esque user interface, the platform sits at a lucrative intersection between advertising and e-commerce termed social commerce. PINS has received a lot of interest as of late — and it offers both an attractive valuation and a strong balance sheet.

Zen Rating: B (Buy) — see full analysis >  

Recent Price: $31.36 — get current quote > 

Max 1-year forecast: $55.00 

Why we’re watching:

• PINS stock has attracted quite a lot of interest from analysts. At present, 24 researchers issue ratings for it — 13 of which deem it a Strong Buy, with an additional 5 Buy ratings and 6 Hold ratings. Notably, no analysts currently issue Sell or Strong Sell ratings on the stock. See the ratings.
• On March 24, Guggenheim’s Michael Morris (a top 5% rated analyst) upgraded Pinterest stock to a Strong Buy rating.  The researcher also hiked his price target from $39 to $40. 
• Morris projected "healthy," above-market growth in user base monetization for Pinterest from 2025 to 2027.
• With the stock's price down 19% from its recent peak, the analyst said they now see Pinterest as "an attractive opportunity to invest in the still early-stage global user, monetization, and profit growth opportunity." In addition, PINS shares have moved to the downside since Morris’ upgrade — so that 19% gap is more like a 21% gap at present.
• Stocks that carry a Zen Rating of B, like PINS, have provided an average annual return of 19.88% since the turn of the millennium.
• Financials are, by far, Pinterest’s strongest suit — as it ranks in the top 2% of stocks according to that category. We also mentioned the stock’s valuation in the intro — although it ranks in the 75th percentile in terms of Value, readers should note a pretty attractive price-to-earnings (P/E) ratio of just 11.77x. (See all 7 Zen Component Grades here >)

What to Do Next?

• 8 Stock Lists You Need Now >
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