U.S. stocks settled mixed on Thursday, with the Dow Jones index surging to record highs during the session. The Nasdaq Composite, however, moved lower amid a decline in semiconductor stocks.

Major indices closed the holiday-shortened week with gains, as the S&P 500 rose 1.8% and the 30-stock Dow surged around 2% during the week.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.

Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga’s extensive database of analyst ratings is by analyst accuracy. Here’s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Aaron Rakers

  • Analyst Firm: Wells Fargo
  • Ratings Accuracy: 89%
  • Latest Rating: Maintained an Overweight rating on Advanced Micro Devices Inc (NASDAQ:AMD) and boosted the price target from $505 to $615 on June 30. This analyst sees around 18% upside in the stock.
  • Recent News: On June 16, AMD and Rackspace Technology signed a definitive agreement for phased deployment of 30 MW of AMD AI Compute. 

Analyst: Timothy Arcuri

  • Analyst Firm: UBS
  • Ratings Accuracy: 89%
  • Latest Rating: Maintained a Buy rating on Texas Instruments Inc (NASDAQ:TXN) and raised the price target from $295 to $350 on June 29. This analyst sees around 18% upside in the stock.
  • Recent News: Texas Instruments said it will webcast its second quarter earnings conference call on Wednesday, July 22.

Analyst: William Stein

  • Analyst Firm: Truist Securities
  • Ratings Accuracy: 88%
  • Latest Rating: Maintained a Hold rating on Tesla Inc (NASDAQ:TSLA) and increased the price target from $400 to $430 on July 2. This analyst sees around 9% gain in the stock.
  • Recent News: Tesla, last week, reported second-quarter deliveries of 480,126 vehicles, up 25% year-over-year and up 34% from the first quarter. This total came in ahead of a Street estimate of 406,000.

Analyst: Wamsi Mohan

  • Analyst Firm:  B of A Securities
  • Ratings Accuracy: 88%
  • Latest Rating: Maintained a Buy rating on SanDisk Corp (NASDAQ:SNDK) and raised the price target from $2,100 to $2,500 on July 1. This analyst expects around 42% gain in the stock.
  • Recent News: On July 3, Kioxia Holdings Corporation and Sandisk announced the start of production for their 10th-generation 3D Flash memory technology at Fab2 (K2) at the Kitakami Plant in Iwate Prefecture in Japan.

Analyst: Cantor Fitzgerald

  • Analyst Firm: C.J. Muse
  • Ratings Accuracy: 87%
  • Latest Rating: Maintained an Overweight rating on Micron Technology Inc (NASDAQ:MU) and increased the price target from $1,500 to $2,000 on June 29. This analyst expects around 105% surge in the stock.
  • Recent News: Micron started its expansion work on a factory in Japan that will mass‑produce cutting‑edge semiconductors for generative AI and other applications.

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