These 3 Stocks are High on Analysts’ Radar

These 3 Stocks are High on Analysts’ Radar

During times of economic uncertainty, investing in the stock market becomes a challenge due to several variables, millions of stocks options and limited risk-reward appetite.

TipRanks’ Analysts Top Stocks Tool provides a solution by offering sector-wise break-up of the top stock picks recommended by analysts. Currently, analysts are highly bullish on the Utilities, Technology, and Consumer Goods sector as is visible from the chart below.

Looking at current market trends, oil prices have been on a steady rise since last December, ranging around $75 and currently hovering above $100. Oil prices surpassed all-time highs of ~$123 at the beginning of March 2022, after Russia invaded Ukraine.