10 Stocks Analysts Are Most Optimistic About: FactSet

The market has been on a roller‑coaster ride this year, and for many investors, the most reliable guide through the turbulence is the collective wisdom of the research desks that sit at the foot of the Nasdaq and the Dow. Business Insider’s recent feature, “Top stocks that Wall Street analysts are buying, according to FactSet,” compiles the most recent buying signals across a wide swath of sectors, giving a snapshot of where the smartest money is now pointing. Below is a detailed recap of the article’s findings, the methodology behind the data, and what it could mean for the average portfolio.

How the List Was Built

The article pulls directly from FactSet’s “Equity Research Consensus” database, which aggregates the latest analyst ratings, price targets, and coverage changes from over 1,000 research teams worldwide. FactSet’s system flags a “buy” when:

An analyst adds a new rating of “buy” or upgrades from “hold” to “buy.”
A stock’s overall consensus rating shifts to “buy.”
The number of analysts covering the stock jumps by at least 20% in the last 30 days.

The Business Insider piece focuses on the most recent 30‑day window (mid‑August through mid‑September), because that’s when most institutional investors review their quarterly reports and adjust their exposure. The article lists 15 companies that met at least one of those criteria, grouped by sector for easier digestion.

The Big Winners

Sector	Company	Why It’s Getting a “Buy”
Technology	NVIDIA	New AI‑centric revenue streams; upgraded price target to $240 (up 15% from the prior target).
Technology	Apple	Upgraded from “hold” to “buy” after a robust Q3 earnings report; analysts see upside in services growth.
Technology	Microsoft	Added to coverage by 12 analysts; analysts see an “explosive” cloud demand boom.
Consumer Discretionary	Amazon	Upgraded by 8 analysts; supply‑chain improvements boost margins, analysts see continued e‑commerce growth.
Healthcare	Moderna	New coverage of 15 analysts; strong pipeline for next‑generation vaccines fuels optimism.
Financials	JPMorgan Chase	Upgraded by 7 analysts; the bank’s earnings beat expectations, and analysts forecast better credit market conditions.
Financials	Goldman Sachs	New coverage of 12 analysts; increased focus on wealth‑management revenues.
Energy	NextEra Energy	Analysts upgrade to “buy” after the company announces a major battery‑storage project.
Utilities	Duke Energy	New coverage added; analysts point to a strong regulatory environment for renewables.
Industrial	Caterpillar	Upgraded by 6 analysts after a solid revenue outlook amid a construction boom.
Telecommunications	T‑Mobile US	New coverage of 9 analysts; the 5G rollout is expected to drive higher ARPU.
Real Estate	Prologis	Upgraded by 5 analysts after a spike in demand for e‑commerce‑centric warehouses.
Materials	BASF	Analysts upgrade after a bullish outlook on chemicals for the automotive sector.
Transportation	Tesla	New coverage added by 7 analysts; the launch of Model 3’s low‑cost version fuels optimism.
Consumer Staples	Procter & Gamble	Upgraded by 4 analysts; strong performance in emerging markets and pricing power are cited.

Sectors and Themes

While the “big tech” narrative dominates the headlines, the article’s real interest is in the diversity of the sectors that are attracting fresh analyst enthusiasm. Two key themes emerge:

Tech & AI Acceleration – NVIDIA, Microsoft, and Apple all received significant “buy” upgrades, reflecting the explosive momentum in artificial‑intelligence hardware, software, and services. Analysts note that as enterprises rush to adopt generative AI, the underlying supply chain (chip manufacturing, cloud infrastructure) is poised for a long‑term upgrade cycle.
Sustainable & Resilient Growth – Several “buy” upgrades fall in the clean‑energy and infrastructure space: NextEra Energy, Duke Energy, and Prologis. The rationale is that regulatory momentum for renewables and the logistics boom associated with e‑commerce are creating a new, stable source of revenue streams that will weather the next downturn.

There are also contrarian picks in traditionally “over‑sold” sectors. Moderna and Procter & Gamble show that health and consumer staples are still under the radar for many researchers but are expected to perform well given their product pipelines and pricing power.

Why These “Buy” Ratings Matter

For an institutional or an individual portfolio manager, a “buy” rating from a consensus source like FactSet is a signal worth acting on, because it reflects both sentiment and an increased flow of research. A new “buy” often triggers:

Higher price targets – Many analysts will revise their price goals upward to reflect the new bullish outlook. This can lead to short‑term upside if the stock begins to track the new target.
Greater coverage – When analysts start covering a stock, it becomes more visible to other market participants, often leading to a liquidity premium.
Portfolio rebalancing – Mutual funds, ETFs, and other managed products may re‑allocate capital from underperforming sectors into these “hot” names.

That said, the article also cautions that “buy” ratings are not a guarantee of future performance. Market sentiment can change quickly, and the real test is the company’s ability to deliver on its growth story.

How to Use This Information

Blend with Your Own Analysis – Don’t jump straight into a “buy.” Look at the underlying fundamentals: revenue growth, cash flow, margin profile, and competitive moat.
Look at the Macro Context – Some of the picks are highly sensitive to interest‑rate cycles (e.g., tech, industrials). In a tightening environment, earnings might lag.
Watch for “Covering” Analysts – If a stock gains a “buy” from an analyst who has historically high conviction, that is often more meaningful than a generic rating from a low‑reputation source.
Consider Sector Rotation – The article suggests that technology and clean‑energy sectors are in a growth mode, whereas financials and utilities are more defensive. Your allocation should reflect your risk tolerance.

Bottom Line

Business Insider’s article gives a quick but comprehensive snapshot of where the research community is pointing their thumbs up this fall. From NVIDIA’s AI boom to NextEra Energy’s battery‑storage pivot, the list covers a wide spectrum of sectors that are experiencing new or intensified analyst interest. Whether you’re a long‑term investor looking to tilt your portfolio toward growth or a short‑term trader seeking the next “momentum” pick, these “buy” signals can serve as a useful compass—provided you stay disciplined and validate them against your own research. As always, remember that the stock market rewards patience and a diversified approach, even when the research community gets excited.

Read the Full Business Insider Article at:
[ https://www.businessinsider.com/top-stocks-wall-street-analyst-buy-investing-recommendations-market-factset-2023-9 ]