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 –
JD.com, Inc. – SYM: JD
Recent Price: $36.70
Price Target: $60.14
Firms with Buy Rating: Goldman Sachs, Morgan Stanley, Jefferies
Description: JD.com, Inc. provides supply chain-based technologies and services. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services.
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US Foods Holding Corp. – SYM: USFD
Recent Price: $42.17
Price Target: $50.22
Firms with Buy Rating: Morgan Stanley, Barclays, Wells Fargo
Description: US Foods Holding Corp., through its subsidiary, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company’s customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations. As of December 31, 2022, it operated 70 distribution facilities, 86 cash and carry locations, and 14 broadline support business production facilities. The company was formerly known as USF Holding Corp. and changed its name to US Foods Holding Corp. in February 2016. US Foods Holding Corp. was incorporated in 2007 and is headquartered in Rosemont, Illinois.
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PowerSchool Holdings, Inc. – SYM: PWSC
Recent Price: $18.87
Price Target: $25.33
Firms with Buy Rating: Piper Sandler, Needham, Raymond James
Description: PowerSchool Holdings, Inc., together with its subsidiaries, offers cloud-based software to the K-12 education market. Its solution embedded in school workflows and is used on daily basis by educators, students, administrators, and parents in schools and districts. In addition, the company provides cloud-based technology platform helps schools and districts manage state reporting and related compliance, special education, finance, human resource, talent, registration, attendance, funding, learning, instruction, behavior, grading, college and career readiness, assessments, and analytics. The company serves state departments of education, public school districts, charter schools, independent schools, virtual schools, and others. PowerSchool Holdings, Inc. was founded in 1997 and is headquartered in Folsom, California.
