When a stock is rated as a “strong buy,” it typically means that analysts believe the stock has significant potential for growth and that the current price is undervalued. Analysts use a variety of methods to evaluate stocks, including financial analysis, market trends, and company performance. A “strong buy” rating is typically the highest rating an analyst will give to a stock.
Here are three “Strong Buy” stocks from Wall Street –
Rivian Automotive, Inc. – SYM: RIVN
Recent Price: $16.00
Price Target: $27.95
Firms with Buy Rating: Morgan Stanley, Cantor Fitzgerald, Needham
Description: Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and seven-passenger sports utility vehicles. It provides Rivian Commercial Vehicle platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Rivian Automotive, Inc. was founded in 2009 and is based in Irvine, California.
When it comes to megatrends, one way to decide if it’s hype or “for real” is to look at what the smart money’s doing. And right now, the smart money’s all on A.I. Let me tell you something: The fact that Warren Buffet, a man who is notoriously cautious on tech, just allocated a whopping 47% of his $375 billion Berkshire Hathaway portfolio into A.I…Well that says a lot. Early investors in A.I. stand to make a lot of money…and the same is true for everyday Americans like YOU.
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Utz Brands, Inc. – SYM: UTZ
Recent Price: $12.21
Price Target: $16.25
Firms with Buy Rating: Jefferies, Piper Sandler, Barclays
Description: Utz Brands, Inc. operates as a snack food manufacturing company. It offers a range of salty snacks, including potato chips, kettle chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, salsa and queso, ready-to-eat popcorn, veggies, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TGI Fridays, TORTIYAHS!, and other brand names. The company distributes its products to grocery, mass merchandisers, club, convenience, drug, and other channels though distributors and direct stores. Utz Brands, Inc. was founded in 1921 and is headquartered in Hanover, Pennsylvania.
A North American Lithium Corporation Still On the Rise
North American Lithium Corporation’s Zeus Project found a reserve projected to be the 4th largest in the world for this sought after resource.
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Roku, Inc. – SYM: ROKU
Recent Price: $58.65
Price Target: $82.76
Firms with Buy Rating: J.P. Morgan, Wedbush, D.A. Davidson
Description: Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The company also provides digital advertising and related services, including the demand-side ad platform and content distribution services, such as subscription and transaction revenue shares; media and entertainment promotional spending services; premium subscriptions services; video and display advertising services; and sells branded channel buttons on remote controls of streaming device. In addition, it offers billing services; and brand sponsorship and promotions, as well as manufactures, sells, and licenses smart TVs under the Roku TV name. Further, the company provides streaming players, audio products, and smart home products and accessories under the Roku brand name. It offers its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Mexico, Canada, the United Kingdom, Brazil, and Germany. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.
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