This Analyst With 84% Accuracy Rate Sees More Than 41% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Lisa Levin

November 27, 2023

U.S. stocks closed mixed in holiday-shortened trading session on Friday, ahead of the major shopping season. All three major indices, meanwhile, recorded their fourth straight weekly gains.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.

Benzinga's Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga's extensive database of analyst ratings is by analyst accuracy. Here's a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Aaron Rakers

Analyst Firm: Wells Fargo
Ratings Accuracy: 84%
Latest Rating: Maintained an Overweight rating on NVIDIA Corporation (NASDAQ:NVDA) and raised the price target from $600 to $675 on Nov. 22, 2023. This analysts sees more than 41% surge in the stock.
Recent News: Nvidia reported better-than-expected results for its third quarter and issued strong revenue guidance for the fourth quarter.

Analyst: Matt Bryson

Analyst Firm: Wedbush
Ratings Accuracy: 84%
Latest Rating: Reiterated an Outperform rating on NVIDIA Corporation (NASDAQ:NVDA) with a price target of $600 on Nov. 22, 2023. This analyst sees around 26% upside in the stock.
Recent News: Nvidia reported better-than-expected results for its third quarter and issued strong revenue guidance for the fourth quarter.

Analyst: William Stein

Analyst Firm: Truist Securities
Ratings Accuracy: 84%
Latest Rating: Maintained a Buy rating on Analog Devices, Inc. (NASDAQ:ADI) and cut the price target from $213 to $206 on Nov. 22, 2023. This analyst sees more than 12% upside in the stock.
Recent News: Analog Devices reported a fourth-quarter FY23 revenue decline of 16% year-on-year to $2.72 billion, beating the consensus of $2.70 billion.

Analyst: Brian Mullan

Analyst Firm: Piper Sandler
Ratings Accuracy: 84%
Latest Rating: Maintained a Neutral rating on Chuy's Holdings, Inc. (NASDAQ:CHUY) and slashed the price target from $42 to $39 on Nov. 21, 2023. This analyst sees around 11% upside in the stock.
Recent News: Chuy's Holdings posted better-than-expected results for its third quarter.

Analyst: Alex Rygiel

Analyst Firm: B. Riley Securities
Ratings Accuracy: 83%
Latest Rating: Maintained a Neutral rating on Dycom Industries, Inc. (NYSE:DY) and raised the price target from $94 to $101 on Nov. 22, 2023. This analyst sees around 0.3% decline in the stock.
Recent News: Dycom Industries reported better-than-expected third-quarter financial results.

Read More: Over $1M Bet On Heartland Express? Check Out These 4 Stocks Insiders Are Buying

Recommended

Metals... Not Missles... Is the New Arms Race - Ad

Trump Signs Law to Launch Dollar 2.0 - Ad

America's Defense Future Starts Underground - Ad

ATLANTA (AP) — The music artist and entertainment executive Usher is suing a group of investors who have been trying to open a new restaurant and lounge in Atlanta.

Leaked Documents Unveil Meta's $16 Billion Revenue Projection From Scam Ads

Leaked internal documents have revealed that Meta projected a revenue of approximately $16 billion from scam advertisements and banned goods in 2024.

I Believe Something Massive Is About to Hit the Crypto Market

I Believe Something Massive Is About to Hit the Crypto Market - Ad

A new Trump-backed law, the Genius Act, could trigger the biggest crypto boom yet and unleash a $19T windfall. Some plays have already jumped 177% to 749%. The move is early. Positioned investors could see even larger gains, including ways to benefit without buying coins.

Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines

The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week.

Trump Wants Washington Commanders' $3.7 Billion Stadium Named After Him: Report

President Donald Trump is seeking to have the Washington Commanders' new $3.7 billion stadium named after him.

Congress to Feature Trump on $100 Bill?

Congress to Feature Trump on $100 Bill? - Ad

A shocking new plan was just introduced in Washington; to celebrate Trump's new "golden age" by placing him on the $100 bill. In the months ahead, this former Presidential Advisor predicts the government will release a massive multi-trillion-dollar asset which it has held back for more than a century.

MacKenzie Scott Has Donated More Than $19 Billion, Yet Her Wealth Grows Faster

MacKenzie Scott, the billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos, has donated a staggering $19.25 billion since 2020.

Trump tariffs face Supreme Court test in trillion-dollar test of executive power

WASHINGTON (AP) — President power to unilaterally impose far-reaching is coming before the Supreme Court on Wednesday in a pivotal test of executive power with trillion-dollar implications for the global economy.

Gold Near $4,073. Copper Tight. This Drill Hit Came Just in Time.

Gold Near $4,073. Copper Tight. This Drill Hit Came Just in Time. - Ad

Dual exposure to two surging metals, plus 17.91% CuEq over mineable width, and infrastructure on site - this is what juniors dream of. And the market is just starting to notice.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Dan Ives Says Tech Stocks Will 'Rip Higher' Through Year-End Amid Growing AI Valuation Concerns: 'Bull Market Has 2 More Years Of Runway'

Tech bull Dan Ives predicts 2 more years of AI-driven tech bull market, cites Meta and Microsoft as table pounder.

Copper and Gold in Scale, Not Just Grade

Copper and Gold in Scale, Not Just Grade - Ad

This isn't a narrow system. It's a thick, mineralized zone delivering copper and gold together - in a province with infrastructure in place. New drill targets are already being tested.

Apple Beats Earnings, $1 Billion Google AI Deal, Budget Mac And More: This Week In Appleverse

Apple had a busy week with earnings beats, AI partnerships, new product plans, and reflections on Steve Jobs' legacy.

Trump's 50-Year Mortgage Plan, Sanders Critiques Musk, Trump Backs Crypto And More: This Week In Politics

Weekend headlines: Trump's 50-year mortgage plan, Sanders criticizes Musk, Trump backs crypto, Scaramucci on NYC mayor, Mamdani challenges Trump.

From Strong to Stunning: New Drill Hole Sets a New Bar

From Strong to Stunning: New Drill Hole Sets a New Bar - Ad

Earlier holes showed 2.4% and 2.7% CuEq. This new hit just delivered 6.93% over nearly 20 metres. That's a game-changer - and it comes with deep insider alignment and an active program.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

Consumer Tech News (Oct 27-31): Nvidia Surpasses $5T Market Cap, Trump-Xi Meeting Concludes, Big Tech Report Earnings & More

Apple, Amazon, Microsoft, and Alphabet beat Q3 estimates with revenue and earnings growth. Trump and Xi conclude high-stakes meeting with trade, soybean, and resource agreements, potentially impacting U.S.-China economic relations and global markets.

The Market Just Crossed a Dangerous Line

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

Sawyer Merritt Threatens To Move Assets If Charles Schwab Votes Against Elon Musk's Tesla Pay Package: 'I Can't In Good Conscience...'

Sawyer Merritt criticizes Charles Schwab for voting against Musk's $1 trillion pay package, threatening to move assets.

Typhoon Kalmaegi leaves 26 dead in Philippines, people trapped on roofs and cars submerged

MANILA, Philippines (AP) — Typhoon Kalmaegi has left at least 26 people dead in the Philippines, mostly in flooding set off by the storm, which barreled across the central part of the country on Tuesday, disaster response officials said. Floodwaters trapped scores of people on their roofs and submerged cars.

Bloomberg says AI is a $50 trillion revolution.

Bloomberg says AI is a $50 trillion revolution. - Ad

And at the center of it... isn't NVIDIA. It's a tiny supplier NVIDIA cannot live without. Insiders like Griffin and Druckenmiller are dumping NVIDIA shares... and quietly piling into this obscure stock. And with NVIDIA set to make a major announcement on December 19 at 5pm, time is running out.

Snowflake's CRO Mike Gannon's Instagram Interview With Influencer James Dumoulin Triggers SEC Filing

Snowflake has filed an 8-K document with the EC following an interview of its Chief Revenue Officer by a social media influencer.

TSLA, PLTR, IREN And More: 5 Stocks That Dominated Investor Buzz This Week

Retail investors talked up five hot stocks this week (Nov. 3–7) on X and Reddit's r/WallStreetBets: TSLA, PLTR, MSTR, AMD, IREN.

Metals... Not Missles... Is the New Arms Race

Metals... Not Missles... Is the New Arms Race - Ad

China and Russia control 70% of the world's critical minerals, giving them leverage over the West. One N. American discovery could help shift that balance by developing the metals essential for defense systems.

Bill Ackman's Amazon Trade Reverses Course – Now Up $119 Million And Counting In Third Quarter

Amazon.com was one of the biggest bets by Bill Ackman in the second quarter. After Q3 earnings, the position is now up since the end of Q2.

How chummy is too chummy? Epstein emails shine light on relationships between journalists, sources

The released this week shine a light on the delicate relationship between reporters and their sources. And, as can be the case, bright light isn't always flattering.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

'No hire' job market leaves unemployed in limbo as threats to economy multiply

WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months.

Tempus AI Stock (TEM) Slides 6% Overnight: Here's Why The Stock Is Trending

Tempus AI shares fell 6.02% in after-hours trading Tuesday following its third-quarter earnings report.

America's Defense Future Starts Underground

America's Defense Future Starts Underground - Ad

A N. American metals project just caught the attention of Rio Tinto - a mining giant. With four projects in key regions, this firm is aligned with Washington's push to rebuild the defense-metal supply chain.

Pizza Hut's parent company says it's considering selling the chain

Pizza Hut could soon be up for sale.

What to know about 10% reduction in flights at U.S. airports caused by the government shutdown

NEW YORK (AP) — are among those facing 10% reductions in air traffic Friday due to the .

I Believe Something Massive Is About to Hit the Crypto Market

I Believe Something Massive Is About to Hit the Crypto Market - Ad

Taylor Swift, Elon Musk, Donald Trump, MrBeast — Robinhood Just Made Their Mojo Tradable

Robinhood has new prediction markets for its customers, with a focus on the entertainment sector. Here are some of the new markets.

Bill Ackman's Hertz Stake Is Starting To Look Like His Next Chipotle Moment

Bill Ackman's investment in Hertz may be the next Chipotle moment as the rental-car company sees a surprise profit and a 40% stock surge.

Congress to Feature Trump on $100 Bill?

Congress to Feature Trump on $100 Bill? - Ad

Trump Touts 'Really Good Deal' With China As US Stock Futures Rally — Dow Up 91 Points While Gold, US Dollar Remain Flat

U.S. stock futures are surging on Sunday evening, following greater clarity and easing trade tensions between the United States and China over the weekend, following the summit between President Donald Trump and Chinese President Xi Jinping in South Korea last week.

Landmark Paris Agreement set a path to slow warming. The world hasn't stayed on it

The world has changed dramatically in the decade since leaders celebrated a a decade ago, but not quite in ways they expected or wanted.

Gold Near $4,073. Copper Tight. This Drill Hit Came Just in Time.

Gold Near $4,073. Copper Tight. This Drill Hit Came Just in Time. - Ad

Dual exposure to two surging metals, plus 17.91% CuEq over mineable width, and infrastructure on site - this is what juniors dream of. And the market is just starting to notice.

S&P Global Boosts Outlook As CEO Hails Exceptional Growth

S&P Global (NYSE: SPGI) shares surge after reporting strong Q3 results, beating expectations with adjusted earnings of $4.73 per share.

Trending Now