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A softer-than-expected July inflation report has improved investor sentiment and revived hopes for a rate cut. Traders await more economic data to gain further insights about the state of the U.S. economy.
Looking beyond macro uncertainties and tariff pressures, it is always a good idea for investors to search for stocks that have strong long-term growth potential and enhance their portfolio returns. To this end, recommendations from top Wall Street analysts can help pick attractive stocks, as these experts perform an in-depth analysis of a company's financials and growth prospects.
Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past perf