Source: Wind

Top analysts on Wall Street have selected three stocks of companies with strong finances, reliable business models, and attractive products as the "year-end gifts" against the backdrop of the US stocks constantly hitting new highs.

According to TipRanks, a professional analyst ranking agency, the latest top Wall Street analyst 'Strict Selection' is not those well-known big technology stocks, but$ServiceNow (NOW.US)$、$Snowflake (SNOW.US)$And.$Twilio (TWLO.US)$Three companies.

ServiceNow

ServiceNow is a software company that supports ai workflow automation, benefiting from bullish news related to ai, the company's performance in the third quarter exceeded analysts' expectations.

Data shows that ServiceNow's year-to-date increase is 48.54%, with a market cap of $216.5 billion.

After talking with ServiceNow's chief financial officer Gina Mastantuono, Cowen Inc 7.75% senior notes due 15/06/33 usd25 analyst Gregg Moskowitz reiterated a buy rating on ServiceNow's stocks. The analyst also raised the target price from $980 to $1070.

Gregg Moskowitz stated that the management is confident in ServiceNow's recent (fourth quarter) and mid-term (2026) outlook, believing that the company is prepared for sustained growth. In particular, the management emphasized strong demand, building on ServiceNow's Pro Plus SKU product to lead the generative ai trend.

In addition, Gregg Moskowitz also mentioned that ServiceNow's workflow data structure product will unify business and technology data across the entire enterprise, driving new workflows and ai agents. ServiceNow expects this new product to double its potential market total to $500 billion, leading to additional revenue.

Gregg Moskowitz said: "We still believe that driven by workflow automation, strong cross-selling opportunities, and continued demand for ai, ServiceNow will maintain a strong high-growth trend in the coming years."

Gregg Moskowitz ranks 221st among more than 9,100 analysts tracked by TipRanks. His stock ratings are profitable 61% of the time, with an average return of 14.6%.

Snowflake

Snowflake is a data analytics software provider. Data shows that Snowflake's stock price has fallen by 12.16% year-to-date, with a total market cap of $57.7 billion.

Cowen Inc 7.75% senior notes due 15/06/33 USD25 analyst Derrick Wood is impressed with Snowflake's performance in the third quarter, and as a result, reiterates a buy rating on Snowflake, raising the 12-month target price from $180 to $190. Derrick Wood found Snowflake's performance consistently impressive and noted that this quarter marks a turning point in the company's growth story.

Derrick Wood points out that the key drivers behind Snowflake's third-quarter performance include the benefits of strategic changes, lower-than-expected storage headwinds, and early appeal of Cortex AI services. The analyst is bullish on Snowflake's prospects as the stability of core database consumption growth has improved.

Derrick Wood ranks 80th among more than 9,100 analysts tracked by TipRanks, with profitable ratings 66% of the time, and an average return of 18.1%.

Twilio

Twilio is a company that provides a cloud communication platform. The company's performance in the third quarter exceeded market expectations and raised its full-year revenue forecast. Data shows that Twilio's stock price has risen by 37.79% year-to-date, with a total market cap of $16 billion.

Monness analyst Brian White is impressed by the rebound of Twilio's business, upgrading the company's stocks from hold to buy, with a target price of $135. Brian White pointed out that the company's digital platform had strong demand during the pandemic, and its stock price hit a record high in early 2021. However, after the economy reopened, Twilio's growth rate dropped from its peak of 67% in the second quarter of 2021 to 4% in the first quarter of 2024.

Despite this, Brian White believes that after 11 consecutive quarters of slowing revenue growth, Twilio's revenue slightly increased in the second quarter of 2024, with more significant improvement in the third quarter of 2024. The analyst also noted that due to the company's cost control, efficiency measures, and asset divestitures, the operating margin has increased.

Brian White is confident in Twilio's ability to integrate communication, contextual data, and artificial intelligence, "Entering 2025, we believe Twilio is expanding this recovery, and the stock's valuation remains attractive".

Among more than 9,100 analysts tracked by TipRanks, Brian White ranks 44th, with a profitable rating 69% of the time, and an average return of 20.4%.

Editor/rice