Despite market turbulence, Wall Street's top analysts remain optimistic about these five stocks.

The major averages were influenced by Meta Platforms and Amazon as they released their quarterly earnings in February.

While short-term fluctuations in share prices may unsettle many investors, a long-term outlook is necessary to see past the volatility. To help investors make informed decisions, top analysts are identifying companies with strong long-term potential, as ranked by TipRanks, a platform that tracks top stock pickers.

Here are five stocks Wall Street analysts find compelling.

Marathon Digital

Bitcoin and other cryptocurrency have experienced sharp moves, causing shares of the companies that mine the flagship crypto to suffer, in addition to the tumult in tech shares.

According to Jonathan Petersen of Jefferies, Marathon Digital Holdings (MARA) is becoming an increasingly attractive purchase. Despite its strong ties to bitcoin's spot price, which has caused its shares to be volatile, Marathon has continued to invest in mining infrastructure and is currently on track to control the largest market share of its industry. (See Marathon Digital Insider Trading Activity on TipRanks)

Petersen anticipates that Marathon Digital's market share in the mining industry will surpass 5% this year, as he estimates the company to hold approximately 1.9% of the total market.

The analyst considers "the miners" to be a better investment than BTC after evaluating their potential for growth.

Petersen gave the stock a buy rating with a price target of $51.

MARA has surpassed its competition in terms of deposits made for its miners, and has been utilizing third-party data centers to enhance its deployment processes. According to Petersen, MARA's strategy of leveraging data center hosting providers for future growth distinguishes the company from its largest peers.

While this method may help reduce operating costs in the short term, it could become a problem in the future when margins decrease after the 2024 bitcoin halving, which reduces the reward for mining the cryptocurrency and slows down the rate of new bitcoin circulation.

Petersen, with a success rate of 72% and an average return of 20.8% on his stock picks, is ranked No. 290 among more than 7,000 analysts.

Roblox

RBLX's share price has fallen significantly since its November highs, as it was negatively impacted by the decline of tech and growth stocks over the past two months. Despite benefiting from Meta Platform's (FB) pivot towards the metaverse, RBLX's stock price was no longer sustainable.

The video game developer is still expected to play a significant role in emerging metaverse opportunities, despite the rotation. The stock has dropped more than 50% from its mid-November high. (Check out Roblox Stock Charts on TipRanks)

Stifel's Drew Crum stated that Roblox has shown both yearly and consecutive growth, and the company has been ranked third worldwide among popular gaming platforms in December 2021.

The stock was rated as a buy by Crum and a price target of $110 was set.

RBLX's growth in relevance among its peers on both iOS and Xbox systems, as well as its strong organic growth in bookings revenues, motivated the analyst.

Roblox, according to Crum, is a captivating example of how content and social can intersect to create a self-reinforcing network effect, resulting in high engagement and monetization opportunities.

Crum ranks No. 121 on TipRanks among over 7,000 financial analysts, with a 69% accuracy rate and an average return of 39.3% on his stock ratings.

Boeing

Despite being embroiled in the 737 Max saga, which resulted in its planes being grounded worldwide, Boeing has recently started receiving new orders for other aircraft as many countries have recertified the aircraft.

RBC Capital Markets' Ken Herbert stated that Qatar Airways recently ordered 34 new 777X cargo aircraft, with the option to purchase 16 more. (Source: Boeing Risk Factors on TipRanks)

Herbert gave the stock a buy rating and set a price target of $265 per share.

The analyst predicts that the aerospace industry will experience continued growth due to increased order activity, which will support a positive outlook on the industry's fundamentals. Additionally, as consumer spending drives e-commerce growth and shipping costs remain high, airlines are shifting their focus to cargo operations.

As a result of the ongoing effects of leisure and corporate travel, airlines are seeking ways to offset their losses. The new fuel-efficient 777X cargo jets are especially appealing due to the current high oil commodity prices.

Herbert ranks 214th among more than 7,000 professional analysts according to TipRanks. He has a success rate of 64% when it comes to picking stocks and has an average return of 27.3% on each of them.

Advanced Micro Devices

Advanced Micro Devices (AMD) surpassed Wall Street expectations on its earnings report and gave a remarkable March forecast, as stated by Christopher Rolland of Susquehanna. (Source: Advanced Micro Devices Earnings Data on TipRanks)

The analyst upgraded his rating for the stock to a buy and increased his price target from $175 to $180.

Despite the challenges faced by the industry, Rolland maintained a positive outlook on AMD's future prospects. He pointed out that the company's DC GPU segment experienced strong shipments, and its Enterprise, Embedded, and Semi-Custom (EESC) segment saw remarkable growth. In particular, the EESC segment's fourth-quarter profits nearly doubled the total profits generated in all of 2020.

Rolland stated that the acquisition of Xilinx, a programmable logic semiconductor company, is expected to close in the next two weeks. Additionally, AMD is currently ramping up production of its Milan-X processor, with its Genoa and Bergamo chips anticipated to aid its product cycle in the second half of the year.

Rolland concluded by stating that AMD has repurchased approximately $1 billion in stock and advised investors to follow suit.

Rolland is ranked No. 4 among more than 7,000 expert analysts on TipRanks, with a correct stock rating 86% of the time and an average return of 53.4%.

Block

Despite a surge in valuation due to consumers' preference for contactless and app-based payment systems, SQ shares have fallen by 62% since their peak in August, as trends slowed down in the last quarter and there was a sell-off in tech and growth stocks.

JPMorgan's Tien-Tsin Huang is optimistic about the potential of the fintech "super-app" company's acquisition of the "buy now, pay later" firm Afterpay. He believes that the integration will enable the company to monetize and increase gross profits, and it fits seamlessly into the ecosystems of Block's seller and Cash App.

Huang gave the stock a buy rating and set a price target of $200.

The analyst believes that the stock is currently undervalued compared to its super-app peers, given its "large and untapped addressable market, unique growth characteristics, and an equally unique mission and corporate culture," which all contribute to his positive rating.

Huang believes that Afterpay's ability to allow sellers to offer payment installments to their customers is just the beginning. He predicts that this two-sided network will boost Cash App's engagement, user acquisition on Cash Card, and Block's international presence overall.

Huang ranks 238th among more than 7,000 financial analysts in TipRanks' database. With a success rate of 66% and an average return of 31.8%, his stock picks have been highly profitable.