Here’s a peek at the latest picks from our Strong Buy Stocks from Top Wall Street Analysts screener:
-
Ross Stores (NASDAQ: ROST) appeals to budget-conscious buyers, and business is booming
-
Analog Devices (NASDAQ: ADI) is getting upgrades and bigger price targets
-
Viavi Solutions (NASDAQ: VIAV) makes a successful pivot into data center buildout
P.S. Get more alerts like this daily … Try WallStreetZen Premium.
A note from our sponsors...
Wall Street Sees Big Upside in These 5 Stocks Under $10
There's a reason each of these stocks caught our attention. Important developments are already underway, and if they play out favorably, Wall Street may have reason to reconsider what these companies are worth.
Our new free report covers 5 stocks trading below $10 that analysts believe could have plenty of room to run.
Download Free Report
Ross Stores is an off-price retail leader built for value-conscious shoppers, and business is strong. A Q2 beat and raised outlook sent shares higher, showing the bargain-hunting consumer is still spending.
Zen Rating: B (Buy) — see full analysis
Recent Price: $235.85 — get current quote
Max 1-year forecast: $290.00
Why we're watching:
- ROST has strong, bullish coverage among the analysts we track, with 6 Strong Buy, 2 Buy, and 2 Hold recommendations. See all recommendations here
- For example, Telsey Advisory Group researcher Dana Telsey (a top 4% rated analyst) recently maintained her Buy rating with a price target suggesting the stock has greater than 20% upside potential from current levels.
- Separately, Barclays researcher Adrienne Yih (a top 5% rated analyst) maintained her Strong Buy rating with a price target suggesting double-digit growth.
- Industry ranking context: ROST is currently the #2 highest-rated stock in the Apparel industry, which has an Industry Rating of B.
-
Zen Ratings context: ROST earns an overall B rating, which is equal to a Buy recommendation. This tier represents the top 20% of stocks tracked based on a careful 115-factor fundamental analysis.
- Component Grades: ROST excels for Financials with an A grade, reflecting the company's strong profitability and healthy cash generation, while maintaining solid Bs for Growth and Artificial Intelligence, positioning it well for continued appreciation. See all 7 Component Grades here
Analog Devices makes the chips that manage power and move critical signals across cars, factories, and data centers. Its biggest opportunity now is AI infrastructure, where demand for advanced power management and signal processing could drive a new leg of growth.
Zen Rating: B (Buy) — see full analysis
Recent Price: $375.91 — get current quote
Max 1-year forecast: $550.00
Why we're watching:
- ADI has strong, bullish coverage among the analysts we track, with 12 Strong Buy, 6 Buy, and 1 Hold recommendations. See all recommendations here
- For example, JP Morgan researcher Harlan Sur (a top 1% rated analyst) recently maintained his Strong Buy rating with a price target suggesting the stock could see greater than 35% upside in the coming year.
- Likewise, Morgan Stanley researcher Joseph Moore (a top 1% rated analyst) maintained his Strong Buy with a price target suggesting the stock could see nearly 30% upside.
- Four additional top 3%-ranked analysts call ADI a Strong Buy.
- Industry ranking context: ADI is currently the #26 highest-rated stock in the Semiconductor industry, which has an Industry Rating of A.
- Zen Ratings highlights: ADI earns an overall B rating, which amounts to a Buy recommendation. Stocks in this tier have historically beaten the S&P annually.
- Component Grades: ADI maintains strong Bs for Financials and Momentum, highlighting the company's solid profitability and recent share price strength, while also earning a B for Artificial Intelligence, reflecting its strategic positioning in AI-enabling technologies. See all 7 Component Grades here
Viavi Solutions makes the testing tools that keep high-speed communications networks running smoothly. Its growth opportunity is AI data centers, where faster optical connections are driving demand for more advanced network testing equipment.
Zen Rating: A (Strong Buy) — see full analysis
Recent Price: $37.54 — get current quote
Max 1-year forecast: $70.00
Why we're watching:
- VIAV has strong, bullish coverage among the analysts we track, with 4 Strong Buy, 1 Buy, and 1 Hold recommendations. See all recommendations here
- For example, Rosenblatt researcher Mike Genovese (a top 1% rated analyst) recently maintained his Strong Buy rating with price target representing greater than 80% implied upside in the coming year.
- Separately, Stifel Nicolaus researcher Ruben Roy (a top 1% rated analyst) maintained his Strong Buy with a price target suggesting the stock could see nearly 70% upside.
- Three additional top-rated analysts are also on board, all maintaining bullish outlooks on the optical testing market's expansion.
- Industry ranking context: VIAV is currently the #6 highest-rated stock in the Communication Equipment industry, which has an Industry Rating of B.
-
Zen Ratings highlights: VIAV earns an overall A rating, which amounts to a Strong Buy recommendation. Stocks with this rating represent the elite top 5% of all 4,600+ stocks tracked based on a rigorous 115-factor fundamental review.
- Component Grades: VIAV excels for Growth with an A grade, reflecting strong revenue expansion driven by AI infrastructure demand, while maintaining solid Bs for Momentum, Sentiment, and Financials, a powerful combination for continued upside. See all 7 Component Grades here
What to Do Next?