3 New Strong Buy Ratings from Top-Rated Analysts: 07/01/2025

Here’s a peek at the latest picks from our Strong Buy Stocks from Top Wall Street Analysts screener:

• Karooooo (KARO) is a highly promising yet under-the-radar pick 
• Back on the list: Micron Technology (MU) is attracting analyst attention again 
• Gold is soaring again, and Kinross Gold (KGC) could benefit

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1. Karooooo (NASDAQ: KARO)

Founded back in 2001 and headquartered in Singapore, Karooooo provides subscription-based telematics and AI-powered analytics to help businesses manage mobility more efficiently. While it hasn’t attracted a lot of attention from Wall Street, the two analysts that do cover KARO are quite optimistic.

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

Recent Price: $47.74 — get current quote > 

Max 1-year forecast: $58.00 

Why we’re watching:

• Thus far, KARO has flown under the radar. Only 2 Wall Street analysts issue ratings for the stock — 1 has deemed it a Strong Buy, while the other issues a Buy rating. See the ratings
• With that said, the average 12-month price forecast for Karooooo, currently pegged at $55.50, implies a 16.25% upside. 
• In addition, both of the aforementioned Wall Street analysts are highly rated.
• Morgan Stanley’s Roy Campbell (a top 23% rated analyst) recently maintained a Strong Buy rating, and hiked his price target from $43 to $53.
• Campbell revised their estimates in advance of Karooooo's Q1 2026 results, increasing their revenue estimates for FY 2026 and 2027 by 4% and 12%, respectively.
• In addition, the analyst said they boosted their U.S. dollar price target, noting stronger ForEx translation.
• In mid-May, Alexander Sklar of Raymond James (a top 9% rated analyst) reiterated a Buy rating and increased his price forecast from $51 to $58.
• Sklar told readers Raymond James' view that Karooooo's growth rate over the next one to two years could ramp up, driving multiple expansion, was founded on the company's "impressive" GAAP-based "rule of 40+" subscription revenue and EBIT results in the quarter, both of which are at the core of their firm's positive thesis on the name.  
• Our proprietary quant rating system takes into account 115 factors when assigning a rating to a stock. KARO ranks in the top 3% on the whole — giving it a Zen Rating of A, equivalent to an average annualized return of 32.52%.
• As a result of the company’s healthy balance sheet, Karooooo shares rank in the top 15% of the more than 4,600 equities that we track when it comes to Financials.
• Moreover, KARO ranks in the 93rd percentile in terms of Momentum, and the top 2% with regard to Sentiment. (See all 7 Zen Component Grades here >)

2. Micron Technology (NASDAQ: MU)

As one of the world’s largest chipmakers, Micron, which produces DRAM and NAND chips, is currently benefiting from high demand on account of the AI boom. Wall Street is quite bullish on MU — and what’s more, the stock is currently trading at a very attractive valuation.

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

Recent Price: $124.76 — get current quote > 

Max 1-year forecast: $200.00 

Why we’re watching:

• Micron Technology receives a lot of coverage — and it is overwhelmingly positive. At present, the stock has 11 Strong Buy ratings, 6 Buy ratings, and 2 Hold ratings — with no Sell or Strong Sell ratings. See the ratings
• In addition, the average price target for MU shares, currently at $157.11, implies a hefty 25.93% upside.
• Susquehanna researcher Mehdi Hosseini (a top 10% rated analyst) doubled down on a Strong Buy rating and increased his price target from $150 to $160 after the company’s Q3 2025 earnings.
• As a result of the quarter's better-than-expected performance, driven by a rebound in DRAM consumer demand (SP, PC) and consistent DRAM DC demand, Hosseini said they raised their estimates and price target.
• HBM3e 12-Hi yields are increasing at a quicker rate than anticipated, which is good news for margins, the analyst continued. 
• However, Hosseini pointed out that a lower Q/Q value in DRAM ASPs was observed, citing an increased variety of consumer products.
• MU stock ranks in the top 9% of the equities we track, giving it a Zen Rating of B — equivalent to an average annualized return of 19.88%.
• Micron Technology shares rank in the top 10% in terms of Artificial Intelligence. In simple terms, a neural network trained on more than two decades of fundamental and technical data has highlighted MU as a likely outperformer.
• However, Value is the stock’s strongest suit — with a price-to-earnings (P/E) ratio of 22.32x and a price-to-earnings growth (PEG) ratio of just 0.64x, it comes as little surprise that MU ranks in the top 6% of equities when in this category. (See all 7 Zen Component Grades here >)

3. Kinross Gold (NYSE: KGC)

Kinross Gold has gained about 60% since it was added to our Zen Investor portfolio a few months ago. Now, gold is soaring again — and analysts are taking note. Keep reading to learn why KGC stands out with a solid balance sheet — making it the most hassle-free way to get exposure to the precious metal.

(And remember — the next 2 Zen Investor picks are coming tomorrow. Gain access now to receive the next alert)

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

Recent Price: $14.87 — get current quote > 

Max 1-year forecast: $18.00 

Why we’re watching:

• At present, KGC stock has 1 Strong Buy rating, 2 Buy ratings, and 1 Hold rating. See the ratings
• The average price target set by Wall Street analysts for Kinross Gold shares is currently $16.50, which implies a 10.96% upside.
• Jefferies researcher Matthew Murphy (a top 13% rated analyst) recently upgraded the stock to a Strong Buy rating, and hiked his price target from $14 to a Street-high $18.
• Murphy attributed their upgrade to the "impressive" free cash flow yield Kinross Gold is expected to deliver in 2025 and 2026, which sets it apart from its senior gold peers and allows for increased buybacks.
• Jefferies calculates the company can repurchase 11% of its market cap in 2025 and 2026, the analyst detailed.
• Other catalysts for the upgrade included a clear line of sight on 2M ounces of gold production in 2026 and resource upside at Great Bear, Murphy said.
• On the whole, Kinross Gold ranks in the top 2% of the stocks that we track, with an overall Zen Rating of A.
• As it has already rallied by 50.51% since the start of the year, KGC stock ranks in the top 15% when it comes to Momentum.
• However, the stock also ranks highly in several other categories — Value, where it ranks in the top 12%, and Sentiment, where it ranks in the top 7%, for instance.
• With that being said, KGC’s balance sheet is its biggest strength — when it comes to Financials, the stock ranks in the top 2% of the equities we track. (See all 7 Zen Component Grades here >)

What to Do Next?

• 9 Special Stock Lists You Need Now >
• See All “A” Rated Stocks with +32.52% Average Annual Return >
• 2 New Stocks to Buy from Steve Reitmeister >

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