Wall Street analysts favor these stocks during market turmoil.

Over the past two months, the stock market has been unpredictable, and the future seems uncertain.

Financial markets are being impacted by various factors, including conflict in Eastern Europe, and the Federal Reserve is predicted to continue its efforts to combat inflation and increase interest rates.

Top analysts on Wall Street are being sought after by long-term investors for their favorite stock picks to weather the current market volatility.

According to TipRanks, which monitors top-performing analysts, the five stocks with promising fundamentals were selected by the pros.

Amazon

Amazon, one of the world's largest retailers, is evolving into a comprehensive platform with its expansion into various high-growth industries. Despite the slowdown in e-commerce, the company continues to experience strong business performance, thanks to its Amazon Web Services and Amazon Prime program. Additionally, Amazon recently announced plans to open a physical clothing store later this year. (Check out Amazon's website traffic on TipRanks)

In a recent report, Ivan Feinseth of Tigress Financial Partners stated that Amazon's strong earnings results were due to increased holiday shopping and customer gains from advertising and cloud services. He also noted that Amazon Prime's membership fee was raised to $139 and the company has been heavily investing in warehouses and logistical infrastructure to bring its retail business closer to more households.

Feinseth upgraded the stock to a Buy and increased his price target from $4,460 to $4,655.

Amazon is shifting its focus to the physical apparel retail space by integrating its online and offline capabilities to increase clothing sales. Consumers will have access to a cutting-edge dressing room process using touchscreens in the stores, revolutionizing the shopping experience.

With significant investments, such as the acquisition of MGM Studios and the "Lord of the Rings" franchise, Amazon Prime Video has expanded its content offerings. As a dominant force in the streaming industry, the platform boasts a substantial market share.

Feinseth was confident in his optimistic viewpoint, asserting that the current drop in stock value presents a significant purchasing chance.

Feinseth ranks 63rd among more than 7,000 analysts on TipRanks, with a 67% success rate in stock ratings and an average return of 30.6% per rating.

Walmart

Despite the pandemic's impact, Walmart (WMT) has emerged stronger than ever, with recent quarterly earnings results exceeding Wall Street expectations on both earnings per share and gross margins. The company's digitization and automation initiatives have improved efficiency across all revenue streams, leading to robust activity. (Check out Walmart Earnings Data on TipRanks)

According to Robert Drbul of Guggenheim Partners, Walmart's gross margins were influenced by "price management on cost increases, mix, and growing advertising business," as he stated in his post-earnings report.

Drbul gave the stock a Buy rating and set a price target of $185.

In FY2021, Walmart repurchased $9.8 billion in stock, with $2.4 billion bought back in the last quarter. This kind of value returned to shareholders is highly desirable for top analysts.

The analyst predicts that Walmart's competitive pricing, efficient operations, and diverse revenue streams, including e-commerce, advertising, financial services, and data monetization, will lead to a positive long-term outlook.

Drbul is ranked 86th out of over 7,000 analysts in TipRanks' database. He has a 69% accuracy rate when selecting stocks and has an average return of 29%.

Home Depot

The Covid-19 pandemic led to an increase in people investing in their homes and DIY projects, which boosted stocks like HD. However, as the pandemic subsides, home improvement retailer HD is facing tough quarterly comparisons. Despite this, the company is holding its ground and may even see upside, according to Zachary Fadem of Wells Fargo.

The Home Depot's shares are expected to experience relief after the company forecasted a positive outlook for the year, despite a lack of government-mandated lockdowns. Total sales increased by 10.7% year-over-year, indicating strong growth. (Source: The Home Depot Insider Trading Activity on TipRanks)

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

The analyst found that several factors contributed to Home Depot's growth, including the strong housing market. He is optimistic about the future, as he believes that the millennial generation will continue to move into households in the long term.

Although HD's stock has fallen more than 23% in 2022, Fadem views this as a potential bargain rather than a declining asset.

Fadem is currently ranked No. 58 on TipRanks, with a success rate of 64% when rating stocks and an average return of 44.3% on each one.

SoFi Technologies

SOFI, a financial services tech firm, secured its acquisition of digital banking platform Technisys about a month after clearing a key hurdle toward becoming a bank. Despite its volatile two years as a publicly traded company, SOFI's valuation has been subject to multitudes of fluctuations from its original price. The environment caused by easy credit and high liquidity is expected to wind down as the Federal Reserve tightens monetary policy. However, analysts remain overwhelmingly bullish on SOFI.

Technisys' acquisition by the company will enhance its banking capabilities and expand its financial product offerings through its mobile and desktop platforms.

Analyst David Chiaverini of Wedbush Securities believes that the $1.1 billion deal will help SoFi achieve its goal of becoming the "Amazon Web Services of Fintech." Furthermore, the deal will enable SoFi to innovate more efficiently, introduce new products, and enhance its decision-making processes.

Chiaverini maintained a Buy rating for the stock and reaffirmed his $20 price target.

The analyst predicted that the merger would result in extra revenue streams and cross-selling chances, with the potential to generate between $500 million and $800 million in additional revenues by the end of 2025.

With Technisys, Chiaverini stated that the platform will integrate with Galileo to become the only company, according to management, that provides a customizable, multi-product core financial platform with both UX/UI simplification and payment processing capabilities in a single technology stack.

Currently, Chiaverini ranks No. 355 among more than 7,000 expert analysts on TipRanks. He has a success rate of 70% and averages returns of 29.5% on each of his stock picks.

Palo Alto Networks

Recently, the largest cybersecurity company by market cap, (PANW), reported strong quarterly results, indicating continued growth for its services and the industry as a whole.

Shaul Eyal of Cowen noted that the firm exceeded Wall Street consensus estimates on its revenues and raised guidance. He attributed the growth to effective execution in a challenging demand environment with a complex threat environment.

Eyal affirmed his Buy recommendation on PANW and retained his $620 per share price objective.

The analyst pointed out that more customers are upgrading to the platform's entire offering, and that larger, more robust deals are driving performance for the company. Eyal emphasized the successful execution of Palo Alto Networks' business model and highlighted the favorable macro trends impacting the company. (See Palo Alto Networks Risk Analysis on TipRanks)

The shift toward remote work and digital transformation brought about by the pandemic is likely to persist, even after Covid-19. This trend has created a favorable demand environment for Palo Alto Networks.

Eyal ranks 14th out of over 7,000 professional analysts. He has been accurate in rating stocks 74% of the time and has brought in an average of 53.5% per stock pick.