Given the current market volatility it makes sense to look for stocks with stability. And if you are looking for stocks with consistent growth and a favorable outlook then you are in luck. Here we used TipRanks’ unique stock screener to search for stocks with a bullish outlook from analysts and top analysts alike. Indeed, all three stocks highlighted below have a ‘Strong Buy’ analyst consensus rating. We also used the stock screener to ensure three other crucial considerations 1) big upside potential; 2) a steadily increasing share price over the last 1 year and 3) bullish news sentiment. This further indicates that these stocks are poised to move higher.
Let’s take a closer look now:
1. Mastercard (NYSE:MA)
Global payments giant Mastercard has seen shares rise from $106 to $169 over the course of the last year. And as we can see below analysts are predicting further upside of over 15% from the current share price. Indeed, the stock has received a slew of bullish buy ratings from analysts in the last week following solid 4Q17 earning results. Note that you can click on the screenshot for further insights into the stock’s latest ratings.
Oppenheimer’s Glenn Greene (one of the top 5 analysts on TipRanks) has just reiterated his buy rating with a $182 price target. He views shares as ‘attractively’ valued right now and is further encouraged by recent strong revenue/volume growth. Looking forward, he is also confident that the company is well-positioned to continue its growth trajectory and says:
“We are highly attracted to MA’s powerful brand, vast global acceptance network, and strong business model. We believe the company is well positioned to benefit from the long-term secular shift from paper currency (cash/check) to plastic (electronic payments) and growing consumer consumption.”
2. Interxion Holding NV (NYSE:INXN)
This top stock is a key European provider of cloud and co-location services. Currently, INXN supports about 1600 customers in over 40 data centers- but aggressive expansion is now on the cards. Oppenheimer’s Timothy Horan points out that INXN has just announced the largest capacity expansion in its history, which he sees as evidence of intensifying demand across Europe. He now expects INXN to add 17K square meters of capacity a year in 2018-19 and says: “INXN is a critical piece of the overall cloud ecosystem in Europe. Europe is in the early stages of cloud adoption; we see a long runway for growth.”
From the graph below, we can see that shares increased from $39 to $60. Encouragingly, INXN boasts only buy ratings from the Street in the last three months. these analysts see the stock hitting $67.60 in the coming months (13% upside potential).
3. Boeing (NYSE:BA)
The world’s largest aerospace company has seen prices soar over the last year from $166 to a whopping $340. And on top of its ‘Strong Buy’ analyst consensus rating, the Street is predicting a further 14.5% upside potential from the current share price.
Shares are up right now with Boeing reporting a string of positive announcements- from revealing over $900 million in orders at the Singapore Airshow- to a plan to take an 80- 90% stake in a new commercial venture with Brazil’s Embraer.
JPMorgan’s Seth Seifman reiterated his BA buy rating on February 1 while ramping up his price target from $360 to $400 (17% upside). He says the company’s “strong” Q4 cash flow and “solid” 2018 guidance support its case that cash from operations will grow in dollars each year through 2020. As a result, he anticipated 2018 free cash flow of $13.5B with further upside potential.
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