10 Stocks That Became Analyst Favorites This Week

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US stocks registered a green day on Tuesday with the Dow surging up 538 points to end 1.24% higher. S&P 500 and Nasdaq also posted gains of 0.88% and 0.64% respectively, showcasing the strength of the American economy.

As for individual stocks, analysts continue to evaluate businesses based on any public information they can gather. Some of these insights turn into stock upgrades or downgrades while others reiterate the positive or negative outlook on the stocks. We came up with a similar list of stocks that have received analyst approval this week.

To come up with the list of 10 stocks moving on analyst optimism, we considered stocks with a market cap of at least $10 billion.

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10. Seagate Technology Holdings plc (NASDAQ:STX)

Seagate Technology Holdings plc is a data storage technology and infrastructure solutions provider. It provides video and image HDDs, enterprise nearline hard disk drivers, and network-attached storage drivers among other products. Seagate has performed in line with the S&P 500 since 2020, but it has the potential to outperform in 2025.

The company’s Q1 earnings for FY2025 exceeded estimates indicating it is in a strong financial position. It generated revenue worth $2.17 billion while net income came in at $305 million. Analysts are optimistic as they foresee a $7.06 billion increase in revenue in the next three quarters while earnings per share are expected to be $1.87, $1.92, and $2.16 in the next three quarters respectively.

The positivity is likely to continue in the future as $10.45 billion in revenue is expected in FY2026 with an EPS of $9.27. Though the stock performance was not good in the second half of the past year, it has already started recovering. The one-month returns of 15% show the current optimism among analysts and investors, with Morgan Stanley picking the stock in its Top Picks list in the IT Hardware sector.

9. Equity LifeStyle Properties Inc. (NYSE:ELS)

Equity LifeStyle Properties Inc. is a real estate investment trust (REIT) that manages campgrounds, mobile home parks, and RV parks. It is one of the biggest manufactured housing REITs in the market with a $16.2 billion enterprise value. The stock was just upgraded from Hold to Buy at Deutsche Bank.

The company has a solid balance sheet and a BBB+ credit rating (showing that the company is financially stable and can pay off its debt) from S&P. The company gained momentum in the second half of last year with a 5.3% growth rate in FFO (funds from operations) per share and a 5.8% growth rate in net operating income as compared to the previous year.

ELS shares were up 4% in the last 5 trading sessions indicating a positive outlook, which now seems to be justified with the stock upgrade. It continues to be an appealing long-term investment opportunity for investors.

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