These stocks are predicted to perform well in the future, according to top Wall Street analysts.

Despite recent turbulence at the postelection rally, investors can find opportunities in the near term if they know where to look.

It is advised for investors to prioritize long-term gains over short-term market fluctuations when constructing their portfolios. Expert advice from Wall Street can aid in selecting profitable stocks and achieving sustainable returns.

When choosing stocks of companies with strong fundamentals and execution, top-rated analysts consider multiple factors.

According to TipRanks, which ranks analysts based on their past performance, the Street's top pros favor these three stocks.

Amazon

This week, we focus on e-commerce and cloud computing giant (AMZN). The company has impressed investors with its third-quarter beats on both the top and bottom lines, thanks to the strength of its cloud and advertising businesses.

Monness analyst Brian White maintained a buy rating on Amazon stock and increased the price target from $225 to $245 after the solid Q3 print. Despite acknowledging regulatory pressures, the analyst remains optimistic about AMZN's future prospects, believing it will continue to capitalize on cloud computing, expand its digital ad business, innovate with AI, realize efficiencies from a regional fulfillment network, and leverage a leaner cost structure.

Notably, Q3 operating profit exceeded analyst estimates, driving record operating margin at 11%. Additionally, there was a sharp sequential rise in operating margins at Amazon Web Services and International business. Based on these solid results, the analyst raised his revenue and earnings per share estimates for 2024 and 2025.

Amazon is now focusing on reducing costs through improved efficiencies and new initiatives, such as regionalizing its U.S. fulfillment network and leveraging advanced robotic innovations across its inbound network.

Amazon has significant growth potential in various areas, including e-commerce, AWS, digital media, advertising, Alexa, robotics, and artificial intelligence.

Among more than 9,100 analysts tracked by TipRanks, White ranks No. 38. His ratings have been profitable 69% of the time, delivering an average return of 20.4%. Check out Amazon Stock Charts on TipRanks.

Uber Technologies

Uber, the ride-sharing platform, recently exceeded expectations for third-quarter revenue and earnings. Despite this, the company fell short of Wall Street's predictions for Q3 gross bookings.

Despite a series of investor meetings with management, Evercore analyst Mark Mahaney maintains his bullish stance on UBER stock and has reiterated his buy rating with a price target of $120.

According to Mahaney, Uber will benefit from the rollout of autonomous vehicles, as it is the largest ride-sharing demand aggregator. He stated that the increased availability of robotaxis on the Uber platform will enhance customer service by reducing wait times, expanding ride options, and potentially lowering prices.

Mahaney stated that UBER believes that the economics it can offer AV owners can be enticing, enabling them to achieve high margins and optimize fleet utilization more effectively than they can on their own.

Mahaney, after discussing with management, stated that the slowdown in Uber's Mobility bookings growth in Q3 and the estimate for Q4 is due to the negative demand elasticity resulting from the surge in insurance costs and a decline in "party hour" bookings. He believes that this deceleration will moderate due to the slowdown in the rate of insurance cost increases, the growth prospects of new products such as Uber for Teens and Uber for Business, and the potential improvement in consumer discretionary demand.

Uber's earnings before interest, taxes, depreciation and amortization and free cash flow margins are expected to consistently increase over the next three to five years, according to Mahaney, due to several measures aimed at improving cost efficiency.

Among more than 9,100 analysts tracked by TipRanks, Mahaney ranks No. 34. His ratings have been successful 64% of the time, delivering an average return of 28.9%. Check out Uber Technologies Stock Options on TipRanks.

Block

Fintech giant (SQ) missed revenue estimates for the third quarter, despite narrowly beating analysts' earnings expectations.

Andrew Harte, a BTIG analyst, discussed the positives and negatives of Block's Q3 performance. While the company's initial FY25 gross profit growth guidance of at least 15% almost met the consensus estimate at 14.9%, the Q4 gross profit outlook of 14% fell short of expectations due to the shift in the timing of certain expected benefits from Q4 to next year.

Although Block's Q4 guidance was soft and management stated that investors will have to wait until the second half of 2025 for growth acceleration, SQ stock remains a top pick for BTIG due to CEO Jack Dorsey's effective promotion of the company's lending products and their role in driving the growth of Block's ecosystem.

Harte's bullish stance on Block was supported by several reasons, including the company's history of exceeding guidance and its attractive valuation of 12-times FY25 EV/EBITDA. Additionally, he highlighted the growth potential of the company's Cash and Square ecosystems, which are still in their early stages of adoption.

Harte stated that Block is integrating its Cash App and Square ecosystems, which could result in flywheel effects, and reaffirmed a buy rating on the stock with a price target of $90.

Among more than 9,100 analysts tracked by TipRanks, Harte ranks No. 152. His ratings have been profitable 75% of the time, delivering an average return of 63.8%. Check out the activity of Block Hedge Funds on TipRanks.