Top Wall Street analysts expect these stocks to thrive despite macro pressures

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TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Walmart & Datadog.

), a distributor of specialty food products. It distributes over 55,000 products to more than 40,000 locations in the U.S. and Canada.

Chefs' Warehouse's fourth-quarter adjusted earnings per share surged nearly 85% year over year, driven by robust sales and improved margins. The company has been boosting its business through organic growth and key acquisitions. In the fourth quarter, the company acquired Chef Middle East, which helped it expand into new markets like United Arab Emirates, Qatar and Oman.reiterated a buy rating and "Top Pick" designation on CHEF, with a price target of $48.

Saleh noted that the company is "still undervalued given the consistent growth it is achieving." He also pointed out that investors misunderstood the recent convertible notes issuance, stating, "We believe investors missed the technical details in the filing that place the dilution overhang much higher than the stated conversion price. In our view, this could act as a tailwind for the shares in the near-term.

Saleh's ratings have been profitable 65% of the time and each rating has generated a 12.5% return, on average. (See

 

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