Top Wall Street analysts favor these stocks for attractive long-term potential

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

News News

Business Business Latest News,Business Business Headlines

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Uber Technologies and Meta Platforms

The U.S. stock market witnessed a solid September, thanks to the Federal Reserve's much-awaited interest rate cut. However, escalating geopolitical tensions in the Middle East could weigh on investor sentiment this month.

Hedberg expects CyberArk to sustain strong growth, driven by the demand for identity security and substantial room to grow within its core Privileged Access Management market. Additionally, the analyst thinks that the company can grow beyond the PAM market by pursuing cross-sell opportunities in the Access, Secrets, Endpoint Privilege Management and machine identities markets., a machine identity specialist.

Hedberg ranks No. 164 among more than 9,000 analysts tracked by TipRanks. His ratings have been profitable 62% of the time, delivering an average return of 14.7%. or about 1% of delivery gross bookings. In fact, delivery profits have improved over the recent quarters due to the high-margin ad business. Uber expects its grocery ad business to account for 5% of gross bookings over time.

Anmuth ranks No. 93 among more than 9,000 analysts tracked by TipRanks. His ratings have been profitable 62% of the time, delivering an average return of 18.4%. smart glasses and the new features of its Meta AI chatbot.The analyst attributed the higher price target to a number of factors, including significant opportunities to expand core monetization with artificial intelligence /generative AI features and the ongoing momentum in Messaging.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts prefer these dividend stocks to strengthen portfoliosTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Darden Restaurants and Target
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Top Wall Street analysts find these stocks promising for the long haulTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Netflix and Costco Wholesale
Source: NBCDFW - 🏆 288. / 63 Read more »

Top Wall Street analysts pick these dividend stocks for attractive returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including McDonald’s and Chord Energy
Source: NBCDFW - 🏆 288. / 63 Read more »

UK PM Keir Starmer touts pro-business agenda as he woos top Wall Street CEOs'We now have a Labour government whose number one priority is wealth creation,' U.K. Prime Minister Keir Starmer told CNBC's Andrew Ross Sorkin.
Source: CNBC - 🏆 12. / 72 Read more »

Top Wall Street analysts are bullish on the potential of these 3 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Planet Fitness and Ross Stores.
Source: NBCNewYork - 🏆 270. / 63 Read more »