Despite the end of earnings season, top Wall Street analysts maintain their optimism about these stocks.

Despite the end of earnings season, top Wall Street analysts maintain their optimism about these stocks.
Despite the end of earnings season, top Wall Street analysts maintain their optimism about these stocks.

The stock market has been disrupted by geopolitical tensions, the possibility of Federal Reserve rate increases, and concerns about inflation.

The conflict between Russia and Ukraine persists, while the major indexes have recorded two consecutive weeks of losses.

Top analysts are highlighting their top picks, despite the current market volatility, according to TipRanks, which monitors the most successful analysts.

Here are five stocks these Wall Street pros are highlighting.

Cloudflare

Cloudflare is gaining traction in the cybersecurity industry, with a growing customer base and increasing retention rates, as evidenced by its recent earnings report. (Check out Cloudflare's Earnings Data on TipRanks)

Alex Henderson of Needham & Co. stated that Cloudflare's technology is strong enough to solve critical problems and facilitate technology trends. He advised investors to buy and hold NET, despite the interest rate and valuation turmoil. He expressed confidence in this investment.

Henderson maintained his Buy rating on the stock and set a new price target of $245 per share.

The analyst emphasized Cloudflare's impressive earnings growth in the last quarter, with increasing revenues and a surpassed earnings forecast. Despite this, Henderson remains convinced that the guidance is still conservative and has the potential for future revenue surpasses.

The analyst stated that Cloudflare is currently transitioning from a freemium customer capture model to a focus on developing more advanced services.

Henderson is ranked 66th among more than 7,000 analysts by TipRanks. He has a 66% success rate in rating stocks and has averaged a 35.3% return on each one.

Expedia

Last year, the holiday season brought with it massive volumes of travel and vacation planning business, but for companies like EXPE, it was different. The omicron variant of Covid-19 caused yet another wave of pandemic-related cancellations. However, the stock now appears poised for a strong summer ahead.

According to Brian Fitzgerald of Wells Fargo, the travel booking company's demand is expected to recover as omicron fears subside. Despite a late-2021 travel blip, the company recently posted encouraging quarterly earnings. (Expedia Website Traffic on TipRanks)

Fitzgerald upgraded the stock to a Buy and increased his price target to $250 from $225.

Despite an increase in cancellations during the holiday season, Expedia's financial standing remained stable. Additionally, the impact of the wave on Expedia was less severe compared to the earlier delta variant. This may alleviate investors' concerns about the stock if the trend continues.

The analyst expressed confidence in his tone, stating that EXPE is still our top pick for the online travel sector recovery. He believes that the summer will be profitable, particularly for international and city travelers.

Although uncertainty caused by Covid-19 may cause volatility in the near-term, Fitzgerald stated that Expedia has made significant progress in key initiatives such as streamlining brand strategy and tech platforms, and accelerating the pace of innovation/execution. As a result, Expedia is prepared to ramp its loyalty program, which will drive upside in the long-term.

Among more than 7,000 financial analysts, Fitzgerald ranks 105th. He has a correct stock pick rate of 59% and an average return of 41.1% on each pick.

Coursera

Despite going public last year during the pandemic, COUR's share price has declined. However, its margins are promising, and the company is still expanding its business.

Stifel analyst Scott Devitt discussed Coursera's quarterly earnings, which exceeded Wall Street consensus estimates on revenue and 2022 guidance. Devitt attributed the increase in subscriptions to Coursera Plus and a rise in demand for career-oriented certificates and specializations as reasons for the company's improved margins.

Devitt upgraded the stock to a Buy and increased his price target from $25 to $26.

Devitt stated that Coursera's management believes that the trend towards lower-cost industry partner content is unlikely to reverse, indicating a potential increase in long-term gross margin for the business.

Coursera is witnessing a shift in user preferences, with more individuals opting for content from industry partners at a higher margin, compared to the more expensive educator content. (Check out Coursera Stock Charts on TipRanks)

Although there are slight challenges, such as the more employee-friendly labor market, Coursera's total addressable market remains large and its industry-leading position is stable.

Devitt ranks higher than over 7,000 expert analysts on TipRanks, placing at No. 356. He has achieved success with his stock ratings, achieving a 52% success rate and earning an average of 24.1% per rating.

Intel

Although INTC is the largest semiconductor firm by revenue, it has fallen behind other large firms in terms of the complexity of its chips. However, since its new CEO took over about a year ago, the company has been expanding its infrastructure and business model. Recently, INTC announced that it would buy chipmaker Tower Semiconductor.

Intel Foundry Services will receive a $5.4 billion agreement from Quinn Bolton of Needham & Co., which will provide a range of specialty process nodes that complement Intel's advanced node process capabilities. (Source: Intel Dividend Data on TipRanks)

Intel's manufacturing capacities will increase by seven fabrication plants with an established foundry ecosystem and a pre-existing customer base through the acquisition of Tower, according to the analyst.

Bolton gave the stock a Buy rating and set a target price of $60 per share.

Despite near-term challenges of tight gross margins due to heavy infrastructure and M&A investments, Intel is undergoing a comprehensive transformation of its business model with promising long-term projections.

Bolton ranks No. 2 in TipRanks' analyst database of over 7,000 analysts. He has a successful track record of rating stocks, achieving a 79% success rate. On average, he returns 82.5% on each stock he rates.

SolarEdge

As oil and gas prices increase, the need for alternative energy sources becomes more evident. SEDG's recent quarterly earnings show strong demand.

SolarEdge's photovoltaic panels are in high demand in Europe, as stated by Mark Strouse of JPMorgan, due to corporate-level clean energy targets, government initiatives, and rising fossil fuel prices. (See SolarEdge Risk Analysis on TipRanks)

Strouse gave the stock a Buy rating and set a price target of $328.

The analyst predicts that SolarEdge's commercial and industrial business segment will experience a surge in demand and reach an inflection point soon. He also anticipates that the company's tight gross margins will widen once it ramps up manufacturing in Mexico, which will significantly reduce transport costs. This is in contrast to the high costs incurred when shipping from Asia to the U.S.

In Asia, the firm's Vietnam plant has been recovering from pandemic-induced shutdowns that slowed down production.

If the stock expands its vertical capabilities and global reach, it could outperform its solar peers, according to Strouse.

Among over 7,000 expert analysts, Strouse ranks 399th. He has been accurate in stock picking 52% of the time and has averaged a return of 40.3% per stock.

by Brock Ladenheim, Tipranks.com

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