Wall Street’s top analysts pick 3 stocks with attractive prospects | Wilnesh News

Macroeconomic uncertainty and potential policy changes under President-elect Donald Trump have driven stocks to new highs over the past four weeks. But investors would benefit if they ignored the short-term noise and instead focused on companies that can rise to the challenge and deliver stable returns over the long term.

Wall Street’s top analysts want to pick stocks of companies with strong financials, solid business models and attractive products.

With that in mind, here are three stocks to like Wall Street’s Top ProfessionalsAccording to TipRanks, the platform ranks analysts based on their past performance.

This week’s top pick is a workflow automation software company that supports artificial intelligence Immediate service (Now). The company’s third-quarter results beat analysts’ expectations on tailwinds related to its adoption of artificial intelligence.

After a virtual fireside chat with ServiceNow Chief Financial Officer and Mizuho Analyst Gina Mastantuono Greg Moskowitz Reiterate Buy rating on NOW stock. The analyst also raised the price target to $1,070 from $980 to take into account the rise in relative valuation multiples.

The analyst said management is confident in ServiceNow’s near-term (fourth quarter) and mid-term (2026) prospects and believes the company is well-positioned for lasting growth. In particular, management said strong demand is building AI-led generation momentum for ServiceNow’s Pro Plus SKU offering.

Additionally, Moskowitz highlighted the company’s excitement for the growth potential of its new Workflow Data Fabric product, which unifies business and technical data across the enterprise and will power new workflows and artificial intelligence agents. The company expects the new product to double its total addressable market to $500 billion and drive additional monetization.

“We continue to believe that NOW remains well-positioned for rapid growth in the coming years, driven by continued demand for workflow automation, strong cross-selling opportunities and artificial intelligence monetization,” Moskowitz said.

Moskowitz ranks No. 221 among more than 9,100 analysts tracked by TipRanks. His ratings were profitable 61% of the time, with an average return of 14.6%. look ServiceNow Insider Trading Activity On prompt ranking.

Next is snowflake (Snow), data analysis software provider. The company’s shares soared nearly 33% on Nov. 21 as investors cheered its better-than-expected third-quarter results.

TD Cowen analysts impressed with third-quarter performance Derek Wood Reiterates Buy rating on SNOW and raises 12-month price target to $190 from $180. The analyst found the company’s results consistently impressive and said the quarter marked a turning point in Snowflake’s growth story.

Wood noted that key drivers behind third-quarter results include benefits from a change in Snowflake’s go-to-market (GTM) strategy, lower-than-expected storage headwinds as new data engineering services gain traction over Iceberg product migrations and early traction Power Cortex artificial intelligence services.

The analyst also cited Snowflake’s strength in winning large deals, including the signing of three $50 million contracts in the third quarter, as well as upbeat comments about its large deal pipeline in the fourth quarter.

Wood is optimistic about Snowflake’s prospects given the increased stability of its core data warehousing consumption growth. This growth is reflected in net retention rate (NRR) trends and “early traction with new AI workloads, especially dynamic tables.”

Wood is ranked No. 80 among more than 9,100 analysts tracked by TipRanks. His rating success rate is 66%, with an average return of 18.1%. look SNOW Stock Chart On prompt ranking.

The third choice this week is Treviglio (TWLO), a cloud communication platform. The company impressed investors with better-than-market third-quarter results and raised its full-year revenue forecast. San Francisco-based Twilio attributed its third-quarter results to its financial discipline and innovation.

Monness analysts impressed by business rebound Brian White Upgraded TWLO stock to Buy from Hold, with a price target of $135.

White pointed out that the company’s digital platform has seen strong demand during the epidemic, and its stock price hit an all-time high in early 2021. It was 67% in the second quarter and faces a bloated cost structure.

Nonetheless, White believes that after 11 consecutive quarters of slowing revenue growth, Twilio’s revenue will accelerate slightly in the second quarter of 2024 and show a more significant improvement in the third quarter of 2024. The company’s cost control and efficiency measures and divestitures.

White is confident in Twilio’s ability to combine communications with contextual data and artificial intelligence. “Going into 2025, we believe Twilio is poised to extend this recovery and the stock’s valuation remains attractive,” he concluded.

White ranks No. 44 among more than 9,100 analysts tracked by TipRanks. His ratings were profitable 69% of the time, with an average return of 20.4%. look Twilio Financial Statements On prompt ranking.