Geopolitical uncertainty and macroeconomic pressures have continued to affect market sentiment in recent trading sessions. But continued volatility also presents an opportunity to find stocks trading at attractive prices and benefit from their long-term growth potential.
Recommendations of top Wall Street analysts can help investors gain key insights and pick the right stocks. These experts assign ratings after performing an in-depth analysis of a company’s strengths and weaknesses, while also paying attention to macro factors.
Here are three stocks favored by some of Wall Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.
Snowflake
This week’s first pick is AI data cloud provider Snowflake (SNOW). Last month, the company delivered market-beating fiscal first-quarter results and issued solid guidance. Snowflake also announced a $6 billion infrastructure commitment from Amazon’s AWS (Amazon Web Services) cloud unit.
In his latest research note, Bank of America analyst Koji Ikeda reiterated a buy rating on Snowflake, Datadog, JFrog, MongoDB, and Twilio. The analyst has a price target of $300 on SNOW. Ikeda said the recent financial results of the so-called “Fab Five” of the infrastructure software space proved that their “1) execution is solid, 2) AI is a benefit, 3) vision is aligned, 4) go-to-market is working, and 5) differentiation is strong.”
The 5-star analyst expects the fundamentals of the Fab Five to remain strong in the second half of 2026, supported by AI tailwinds and the rapid launch of innovative products.
Specifically, Ikeda highlighted that Snowflake’s AI offerings, including Cortex Code, Cortex AI and Intelligence, drove 34% year-over-year growth in its Q1 fiscal year 2027 product revenue, up from 30% in the prior quarter. He also noted the 4-point increase in SNOW’s FY27 product revenue growth outlook to 31%. Ikeda emphasized that product revenue constitutes 96% of the company’s overall revenue and is driven by usage of the Snowflake platform.
Moreover, the analyst contends that Snowflake’s goal to be GAAP profitable by Q4 FY28 (revealed at an Investor Day on June 2) suggests potential upside to the Wall Street analysts’ estimates, which are still negative.
Ikeda ranks No. 677 among more than 12,200 analysts tracked by TipRanks. His ratings have been profitable 56% of the time, delivering an average return of 11.5%. See Snowflake Options Activity on TipRanks.
MongoDB
Next up: MongoDB (MDB), a database software provider. The company delivered upbeat fiscal first-quarter results and attributed its performance to solid end-market demand for its platform across enterprise use cases and emerging AI opportunities.
Recently, Tigress Financial analyst Ivan Feinseth reaffirmed a buy rating on MongoDB stock and raised his price target to $515 from $430.
“MDB is leading the shift to cloud-native, AI-powered data infrastructure management with Atlas-driven scale, expanding cash generation and strong long-term upside potential,” said the analyst.
The 5-star analyst highlighted that MDB is consistently winning market share in a huge, durable database market as enterprises modernize applications and shift workloads from legacy systems to cloud-based ecosystems. He believes that with the growth in Atlas, MDB’s multi-cloud Database-as-a-Service (DBaaS) offering, the shift in mix toward higher-margin, recurring subscription revenue and disciplined expense management is driving higher cash flows and expanding free cash flow margins.
Feinseth contends that MongoDB deserves a premium valuation in terms of revenue and cash flow multiples compared to its infrastructure software peers, given its above-market, top-line growth, enhanced unit economics and growing cash generation.
Feinseth further highlighted that MongoDB benefits from a strong competitive moat, driven by its flexible document-based architecture, extensive developer adoption and broad, multi-cloud Atlas footprint. He also noted the MDB platform’s deep integrations with hyperscalers and AI frameworks like LangChain.
Feinseth ranks No. 849 among more than 12,200 analysts tracked by TipRanks. His ratings have been successful 55% of the time, delivering an average return of 9.5%. See MongoDB Insider Activity on TipRanks.
Walmart
Finally, there’s big-box retailer Walmart (WMT). After attending the company’s annual associates and shareholders meeting, KeyBanc analyst Bradley Thomas reiterated a buy rating on Walmart with a price target of $145.
The 5-star analyst emerged from the meeting more bullish on Walmart, citing the strength of the company’s growth strategy and long-term prospects. Specifically, Thomas believes that Walmart is the leader, and continues to invest, in delivery speed. The analyst is optimistic about further improvement in Walmart’s delivery times and costs, driven by continued investment, growth in e-commerce and store-fulfilled delivery orders, and improving order density.
Further, Thomas expects automation to lower fulfillment costs. In fact, Walmart highlighted that automation of the U.S. business is now about 60% complete. The analyst expects the rollout to be completed in the next several years.
The analyst also noted the 37% growth in Walmart’s advertising business in the fiscal first quarter and sees notable momentum ahead, driven by expansion of the customer base, growth in Marketplace, and additional penetration with key vendors.
Among other key takeaways from the meeting, Thomas highlighted additional growth opportunities and efficiency initiatives, such as AI, Sparky, meal delivery and VIZIO, which are expected to enhance customer acquisition, conversion and shopping experience.
Thomas ranks No. 505 among more than 12,200 analysts tracked by TipRanks. His ratings have been successful 62% of the time, delivering an average return of 12.7%. See Walmart Ownership Structure on TipRanks.
