This Analyst With 84% Accuracy Rate Sees Around 22% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks closed slightly higher on Friday, with the S&P 500 notching gains for the third straight week. The S&P 500 gained 2.2% last week, while the Dow Jones ended the week with a 1.9% gain.

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: Mark Kelley

• Analyst Firm: Stifel
• Ratings Accuracy: 87%
• Latest Rating: Reiterated a Buy rating on Meta Platforms, Inc. META with a price target of $405 on Nov. 14, 2023. This analysts sees around 21% surge in the stock.
• Recent News: Meta Platforms tapped Hugging Face, an open-source community-driven platform, and Scaleway, a European cloud leader for AI infrastructures, to accelerate the adoption of open-source artificial intelligence solutions within the French entrepreneurial ecosystem.

Analyst: Zachary Fadem

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 85%
• Latest Rating: Maintained an Equal-Weight rating on Advance Auto Parts, Inc. AAP and cut the price target from $70 to $60 on Nov. 13, 2023. This analyst sees around 18% upside in the stock.
• Recent News: Advance Auto Parts posted a loss for the third quarter.

Analyst: Doug Anmuth

• Analyst Firm: JP Morgan
• Ratings Accuracy: 84%
• Latest Rating: Maintained a Neutral rating on GoodRx Holdings, Inc. GDRX and cut the price target from $7 to $6 on Nov. 17, 2023. This analyst sees more than 11% upside in the stock.
• Recent News: The company said adjusted revenue for the third quarter increased 1% to $190.0 million, primarily driven by prescription transaction revenue growth.

Analyst: Matt Bryson

• Analyst Firm: Wedbush
• Ratings Accuracy: 84%
• Latest Rating: Reiterated an Outperform rating on NVIDIA Corporation NVDA with a price target of $600 on Nov. 17, 2023. This analyst sees around 22% upside in the stock.
• Recent News: The Bill & Melinda Gates Foundation Trust, which manages the Gates Foundation's endowment, made its first-ever purchase of Nvidia shares, acquiring approximately 9,200 shares valued at $4 million.

Analyst: Craig Ellis

• Analyst Firm: B. Riley Securities
• Ratings Accuracy: 84%
• Latest Rating: Maintained a Neutral rating on Kulicke and Soffa Industries, Inc. KLIC and raised the price target from $52 to $56 on Nov. 17, 2023. This analyst sees around 11% upside in the stock.
• Recent News: The company reported better-than-expected earnings for its fourth quarter.

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