In this articleDELLTTDAMZN your favorite stocksCREATE FREE ACCOUNTDado Ruvic | ReutersPresident Donald Trump's announcement of a U.
-Vietnam trade deal and a solid June jobs report lifted stocks last week, but investors can still find plenty of opportunities to snap up names at attractive levels.
The recommendations of top Wall Street analysts can help inform investors as they for the stocks of companies with strong fundamentals and solid growth opportunities.
Here are three stocks favored by the Street's top s, according to TipRanks, a platform that ranks analysts based on their past performance.
Dell nologiesThis week's first stock pick is Dell nologies (DELL), a vider of IT hardware, software, and services.
Ing meetings with management, Evercore analyst Amit Daryanani reiterated a buy rating on Dell with a price target of $150.
Meanwhile, TipRanks' AI analyst has an "outperform" rating on DELL with a price target of $128.
Notably, Daryanani stated that he came away from the meetings incrementally positive Dell's ability to der high-single-digit revenue growth and a double-digit increase in earnings per (EPS) and free cash flow (FCF).
His optimism is backed by the initiatives taken by the company over the past two years to optimize its cost structure and tailwinds from key AI (artificial intelligence) investments.
Among the key takeaways from the meetings, the analyst highlighted that the AI server margins are turning out to be better than initially expected, with Dell earning a premium compared to rivals while dering impressive growth.
He also pointed out the company's innovations in its infrastructure offerings, with its internal liquid cooling capabilities becoming a more vital part of its strategy.
Daryanani added that Dell expects to benefit from acceleration in enterprise AI adoption over the next five to seven years.
In fact, the company believes that higher-margin enterprise customers could account for the vast majority of AI server sales over time.
Daryanani also noted Dell's confidence navigating tariff woes, given that it "believes its diversified and global foot is an advantage over its competitors. "Daryanani ranks No.
187 among more than 9,600 analysts tracked by TipRanks. His ratings have been fitable 63% of the time, dering an average return of 14. See Dell nologies Stock News and Insights on TipRanks.
Trade DeskWe move to Trade Desk (TTD), a cloud-based advertising platform that viders advertisers with cutting-edge nology to find new audiences and grow their brands.
Recently, Evercore analyst Mark Mahaney upgraded Trade Desk stock to Buy from Hold with a price forecast of $90.
Interestingly, TipRanks' AI analyst has an "outperform" rating on TTD stock, but with a lower price target of $83.
Mahaney views the pullback in TTD stock as an attractive buying opportunity "to get involved again in what has ved over time to be one of the highest quality and most consistent performers across the Internet landscape.
"Explaining his bullish stance, Mahaney stated that recent checks have indicated that online ad demand sentiment has ly imved since April/May, though uncertainty the second half of the year remains significant.
He added that the checks reflect a imvement in Trade Desk's execution.
Also, solid duct announcements, that of Deal Desk, helped address some concerns the transition from the company's legacy platform Solimar to the AI-powered Kokai platform.
Mahaney mentioned that checks indicated a imvement in the company's execution, both on duct and go-to-market strategy.
While the analyst acknowledged increasing competition from Amazon's demand-side platform (DSP), he highlighted that Google's DV360 and not Trade Desk is more ly to be impacted due to its overlap with the areas where AMZN is strong.
Finally, Mahaney thinks that Trade Desk's set-ups for the remainder of fiscal 2025 look quite achievable, with his billings analysis suggesting that the company is very ly to exit 2025 at premium growth levels (excluding political spend).
He sees significant catalysts for 2026 such as the World Cup, the Winter Olympics and the full-year Kokai impact. Mahaney ranks No. 214 among more than 9,600 analysts tracked by TipRanks.
His ratings have been successful 60% of the time, dering an average return of 16. See Trade Desk Ownership Structure on TipRanks.
AmazonThis week's third pick is e-commerce and cloud computing giant Amazon (AMZN).
In a re note dated July 1, Jefferies analyst Brent Thill reaffirmed a buy rating and increased the Amazon stock price forecast to $255 from $250.
Meanwhile, TipRanks' AI analyst has assigned an "outperform" rating on AMZN stock with a price target of $233. Thill raised his price target after Jefferies' prietary survey of nearly 700 U.
Consumers in mid-/late June indicated that Amazon "remains resilient despite price increases related to tariffs, with stable spend levels and upside if pricing on other websites becomes more expensive.
"The analyst noted that although 80% of the respondents are concerned prices, the survey reflected a stable spending pattern by most Amazon shoppers (62% spent the same or more in the past three months).
However, the survey noted some cost-conscious behavior, as 31% spent less in the past three months.
Thill highlighted that the survey also reflected that Amazon Prime remains the most membership and a major loyalty driver for the company.
Notably, 73% of respondents reported having a Prime membership, compared to 26% for rival Walmart. He also noted Amazon's superior positioning on fast and free shipping, selection, and low prices.
The analyst said that given the heightened focus on prices, Amazon's Prime Day event could turn out to be more and impactful by running for four days instead of two (from July 8 to July 11 vs.
July 16 to July 17 in 2024) across 20 countries.
He expects the event to result in incremental Prime memberships, particularly among students and young adults ages 18 to 24 via six-month ext free trials. Thill ranks No.
109 among more than 9,600 analysts tracked by TipRanks. His ratings have been successful 67% of the time, dering an average return of 15. See Amazon Insider Trading Activity on TipRanks.