Home Investment / Trading Technical Indicator Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 1/15/2024 – TipRanks.com – TipRanks

Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 1/15/2024 – TipRanks.com – TipRanks

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Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 1/15/2024 – TipRanks.com – TipRanks

TipRanks’ Technical Evaluation Screener provides traders all the pieces they should discover the shares that match their distinctive technical evaluation funding technique. Utilizing the screener, we now have recognized three shares which are heavy hitters, thought-about Sturdy Buys in keeping with each their technical evaluation rating and Wall Road analysts’ scores.

Listed below are this week’s shares:  

Novo Nordisk (NYSE:NVO) – The worldwide pharmaceutical firm specializes within the manufacturing of diabetes care drugs and different biopharmaceuticals. The inventory carries an total technical evaluation rating of Sturdy Purchase. Analysts concur with that sentiment, giving a Sturdy Purchase consensus ranking with a 12-month worth goal that suggests an upside of about 9%.

Intuit (NASDAQ:INTU) – Intuit is a monetary software program firm that helps people and companies handle their funds. The inventory has an total technical evaluation rating of a Sturdy Purchase. Furthermore, the analyst consensus ranking is a Sturdy Purchase, and their 12-month consensus worth goal signifies an upside of over 6%.

Uber Applied sciences (NYSE:UBER) – Uber offers ride-hailing and meals and package deal supply companies. The inventory has an total technical evaluation rating of a Sturdy Purchase. Likewise, analysts have given UBER inventory a Sturdy Purchase consensus ranking, with their 12-month worth goal indicating over 5% upside on the inventory.

What’s the TipRanks Technical Evaluation Rating?  

TipRanks’ distinctive calculation combines the Shifting Common rating and the Oscillator rating to evaluate a inventory’s technical power or weak spot. The rating offers a complete view of a inventory’s potential worth motion, based mostly on historic information and technical evaluation.

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