Investors’ worries about inflation and Federal Reserve rate cuts are causing market turbulence, yet long-term investors can benefit from Wall Street analysts’ expert research. One such favored stock this week is workplace management software maker Monday.com (MNDY). With a strong demand for its products across various markets, the company impressed investors with optimistic first-quarter results. Goldman Sachs analyst Kash Rangan reaffirmed a buy rating on Monday.com stock and raised the price target to $300, emphasizing the company’s undervalued status. Analyst Rangan commended Monday.com for its improving net expansion rate, momentum in the enterprise, strength in small and medium businesses, and healthy free cash flow margin. He specifically highlighted the company’s pricing power in the SMB space, indicating a strong value proposition and a potentially stabilizing revenue growth moving forward. Rangan ranks No. 388 among over 8,800 analysts on TipRanks with a 60% success rate and an average return of 10.7%.
Walmart Stock Pick
Another stock recommended by top analysts is big-box retailer Walmart (WMT). Following the first quarter of fiscal 2025, Walmart reported better-than-expected revenue and earnings. Baird analyst Peter Benedict maintained a buy rating on Walmart stock, increasing the price target to $70 from $65. Benedict appreciated the company’s focus on value and convenience, attracting customers from all backgrounds, with a particular emphasis on higher-income households. He raised the price target to reflect WMT’s resilience and innovative revenue streams, including advertising, e-commerce, and data monetization. Benedict anticipates these alternative businesses generating around $7 billion in revenue, which could significantly boost Walmart’s profit margins. Ranked at No. 68 among the top analysts on TipRanks, Benedict boasts a 69% success rate and an average return of 15.1%.
CyberArk Stock Pick
Lastly, the cybersecurity company CyberArk (CYBR) caught analysts’ attention with its recent acquisition of Venafi for $1.54 billion. The deal is expected to increase CyberArk’s total addressable market to nearly $60 billion. TD Cowen analyst Shaul Eyal reiterated a buy rating on CyberArk stock, setting a price target of $300 post-acquisition. Eyal underlined CyberArk’s successful track record with previous acquisitions and expressed confidence in the management’s ability to integrate Venafi effectively. He pointed out the expected immediate positive impact on CyberArk’s margins and cash flows due to the acquisition. Eyal also mentioned potential revenue synergies through cross-selling, up-selling, and expanding Geographically. With CyberArk’s strong global market presence, Eyal sees significant opportunities for distributing Venafi’s solutions to existing customers. Ranked at 15th among top analysts on TipRanks, Eyal delivers a 68% success rate and an average return of 26.7%.
These three stock picks represent opportunities identified by seasoned analysts who have a track record of successful recommendations. As investors navigate today’s volatile market conditions, following the research and insights of such professionals could provide valuable guidance for both short-term and long-term investment strategies. Whether it’s Monday.com’s promising growth prospects, Walmart’s innovative revenue streams, or CyberArk’s strategic acquisitions, these stocks offer potential for portfolio growth and enhanced returns in the evolving market landscape.