Market volatility presents safety in these stocks, according to top Wall Street analysts.

The recent market fluctuations have been extremely unsettling for short-term investors.

The sell-off initiated by tech companies and growth stocks has resulted in a widespread slump, causing the three major indices to remain in the red for the month of January.

Analysts make long-term projections of the companies they cover, allowing them to look beyond short-term stock fluctuations. Some of Wall Street's top analysts have identified their top picks for long-term investments, according to TipRanks, which tracks the best-performing stock pickers.

Shopify

The valuation of Shopify, a popular e-commerce platform, has fallen about 50% from its peak in November, following a trend of cooling e-commerce trends. Despite this, analysts see the discounted share price as attractive. (Check out Shopify Stock Charts on TipRanks)

Darren Aftahi of Roth Capital Partners predicts 30% year-over-year growth in gross merchandise value for SHOP's upcoming earnings. He considers Shopify a leader in e-commerce due to its strong position within the industry and stabilizing consumer spending trends.

Aftahi gave the stock a Buy rating and set a price target of $1,400.

The analyst discussed Shopify's recent strategic partnership with Chinese e-commerce giant JD.com. This deal will enable SHOP merchants to sell directly to Chinese customers through JD Marketplace, opening them up to a new TAM of JD's 500 million+ active customers in China.

Aftahi believes that reducing the merchant barrier to entry into the Chinese market from 12 months to 3 to 4 weeks will boost Shopify's revenue in the second half of 2022.

Aftahi is currently ranked No. 222 among more than 7,000 analysts in TipRanks' database, with a success rate of 39% and an average rating of 40.7%.

Meta Platforms

The last few months of 2021 were tumultuous for Meta Platforms (FB), with the release of negative headlines and whistleblower Frances Haugen's testimony before lawmakers on algorithms causing some investors to become spooked.

Meta is predicted to have a turbulent year by Brian White of Monness, with quarterly earnings expected on Feb. 2. The technology conglomerate is expected to benefit from the digital ad trend, accelerate digital transformation, and innovate in the metaverse. (Check out Meta Platforms Website Traffic on TipRanks)

White gave the stock a Buy rating and set a price target of $460.

The analyst observed that although ad growth had slowed, it still exhibited a "respectable" rate of spending. However, he does not expect Facebook to emerge from its ongoing negative publicity issues anytime soon. The upcoming earnings call is likely to address topics such as Apple's privacy policies, user engagement with Instagram Reels, and general e-commerce trends.

Although there are problems, White still considers FB to be undervalued and is optimistic about its earnings call.

Among over 7,000 analysts, White ranks 141st. His stock picks have been accurate 66% of the time and have yielded an average return of 31.1%.

Uber

The pandemic has caused a range of emotions for UBER investors, but analysts are now optimistic about the stock's future. Initially, the omicron variant caused more uncertainty and mobility restrictions, but now it seems that these levels are returning to pre-pandemic norms.

Scott Devitt of Stifel stated that the global recovery in mobility is looking promising and Uber expects to perform near the higher end of its guidance range. Uber will release earnings on Feb. 9 after the market closes and hold an investor conference the following day. (See Uber Hedge Fund Activity on TipRanks)

Devitt gave the stock a Buy rating and set a price target of $50.

Uber has recently revamped its loyalty program by introducing its Uber One membership service. The new iteration of its former Uber Eats Pass will connect users to benefits found across the company's various businesses, including its delivery, grocery, and rideshare apps. This move is expected to increase engagement within Uber's loyal base and is viewed as incrementally positive as it enhances the value proposition over the prior offering.

Transplace, a logistics management software firm, has been integrated with Uber's freight capabilities.

Out of over 7,000 financial analysts, Devitt ranks 335th. His stock recommendations have been successful 52% of the time and have yielded an average return of 23.9% per year.

HubSpot

Since the emergence of the omicron variant, the stock of HubSpot has experienced a significant decline. Despite this, analysts are optimistic about the company's direction in marketing, sales, and enterprise management software. (Source: HubSpot Insider Trading Activity on TipRanks)

Jefferies' Samad Samana is among those in the crowd, stating that the stock is still one of their favorite mid-cap names. He pointed out that the end of 2021 and the first few weeks of 2022 offer promising projections for the year.

Samana gave the stock a Buy rating and set a price target of $800 per share.

In 2022, HubSpot is expected to experience continued growth, thanks in part to its increasing enterprise traction and higher attach rates. The company has observed a rise in larger enterprises adopting its software and remaining loyal even after expanding their own operations. This puts HubSpot in competition with established players like Salesforce.

Some large customers who previously left HUBS are considering returning due to the advancements in the product suite and the capability to accommodate more complex customers.

Samana ranks 386th among over 7,000 analysts on TipRanks, with a correct pick rate of 53% and an average return of 29.9%.

ServiceNow

Another cloud-based enterprise and work flow-solutions company experienced a significant increase in valuation due to the pandemic-induced digital transformation. Despite a decline in early November, the company released impressive earnings for the fourth quarter. Brian Schwartz of Oppenheimer & Co. predicts a potential recovery for the stock.

The analyst observed strong growth in ServiceNow's business due to the increasing demand for IT services. He was optimistic about the demand, stating that NOW's earnings should dispel any doubts about the decline of enterprise IT demand. (Source: ServiceNow Earnings Data on TipRanks)

Schwartz gave the stock a Buy rating and set a price target of $660.

Despite ongoing headwinds from the slowing macro environment over the past two months, ServiceNow set guidance above Wall Street consensus estimates.

Despite fluctuations in share prices, Schwartz expressed optimism about ServiceNow's financials, stating that the company's strong growth, expanding margins, and high cash-flow margins make it well-positioned to outperform its peers, even if valuation multiples are compressed across the industry.

He stated that ServiceNow offers a distinctive value proposition among large-cap software stocks to investors.

Among the over 7,000 professional analysts in TipRanks’ database, Schwartz ranks 14th. He has a successful track record of rating stocks 72% of the time, and his picks have yielded an average return of 51.4%.