​

What are the hottest stocks in the market right now? TipRanks financial accountability engine tracks the stock recommendations from nearly 4,500 analysts- so using TipRanks’ Trending Stocks tool we set out to discover which three stocks have had analysts buzzing in the last week. This is the perfect tool to use if you are looking for investing inspiration because you can quickly discover the best, most or worst rated stocks in the sector that interests you over three different time periods.

In this case, we filtered the options to best-rated stocks in the last week from any sector and with a market cap size of over $10 billion. The top three stocks from the search are as Micron, FedEx and Apple. We selected these stocks based on a combination of different factors including the number of ratings, whether there was a strong buy consensus rating and the extent of the stock’s upside potential.

The displayed results on TipRanks include the average analyst price target and in green the upside percentage of the price target from the current share price. You can delve further into the stock by clicking on the ‘sell all ratings’ button which will take you to that stock’s analysis page so you can see the star-rating of the analysts recommending the stock.

Now let’s see why top Wall Street analysts are bullish on these three stocks:

Micron (MU)

With an incredible 11 buy ratings in the last couple of days, this semiconductor company has a Strong Buy analyst consensus rating. Micron shares surged 14% following the company’s “beat and raise” fiscal Q2 results- and yet the average analyst price targets still show a further 22% upside potential. Revenue came in at $4.65 billion with EPS of 90 cents easily topping the predicted revenue of $4.64 billion and EPS of 83 cents.

“We believe ‘the sun, the moon, and the stars’ remain aligned for MU,” writes five-star analyst Betsy Van Hees of Loop Capital Markets, raising her price target $5 to $35, “as it benefits from the sweet spot of the memory cycle – tight supply/demand dynamics, increasing prices, and cost reductions – driving considerable operating leverage in the model and a roaring return to YoY earnings and revenue growth in F2017.”

FedEx (FDX)

Analysts are very bullish on the global delivery company which has just released its Q3 results, with a predicted 17% upside potential from current prices. The market was generally happy to overlook recent underperformance (primarily due to higher fuel costs) in favor of strong forward drivers on the stock including improving margins, reductions in capital spending, and expanding international presence.

Credit Suisse analyst Allison Landry believes there is “greater relative upside” in FDX shares compared to the balance of her coverage universe, while Robert W Baird’s Benjamin Hartford says FedEx is still his top large cap idea. The conclusion of Helane Becker from Cowen & Co: buy on the dips!

Apple (AAPL)

While Apple may only have a Moderate Buy analyst consensus rating, in the last week an impressive 9 analysts have published a buy rating on the stock. Analysts are excited about a range of different factors (including cash repatriation and the recent release of red iPhones which could be a hit in China says Goldman Sachs analyst Simona Jankowski) but most of the attention remains focused on the September launch of the iPhone 8.

The iPhone 8 is rumored to have an edge-to-edge curved screen with wireless charging and augmented reality features. Top Nomura analyst Jeff Kvaal says “Our analysis of App Store data and recent Asia Tour insight fuel our conviction that the iPhone 8 super cycle will be significantly larger than consensus anticipates.” His $165 price target represents a 17% upside from the current share price of $141.