Analysts’ Top 3 Stock Picks!

Analysts' Top 3 Stock Picks!

Top 3 Stock Picks

Broadcom (AVGO)

Rating/Target: Outperform with a target of $310

Analysis:  Broadcom is viewed as a prime beneficiary of the AI infrastructure boom, leveraging its strengths in customized AI ASIC chip design and networking hardware for major players like Google, Meta, ByteDance, Apple, and OpenAI. The stock recently broke out from a long consolidation base, reinforcing technical momentum. Mizuho cites architecture demand and a strong AI roadmap as key drivers behind its bullish stance.

Western Digital (WDC)

Rating/Target: “Top Pick”  with target of $99

Analysis:  Despite trailing rivals, Western Digital won backing from Morgan Stanley following constructive discussions with management. The company stands to benefit from high-confidence demand forecasted through 2026, backed by firm purchase orders and long-term contracts. The firm also highlighted the stock’s valuation discount—about 20% below peers—as a compelling reason to upgrade.

Autodesk (ADSK)

Rating/Target: Outperform rating, target of  $375

Analysis:  Autodesk posted strong Q2 results, surpassing revenue and earnings estimates. Adjusted EPS came in at $2.62 (vs. $2.45 expected); revenue grew 17% YoY to $1.76B. The company raised its fiscal 2026 core revenue forecast to 9–10%, up from 8–9%, and issued long-term guidance through fiscal 2029. Analysts are confident about margin expansion and sustained growth.

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