Top Wall Street analysts trust these 3 stocks

Investors are dealing with a number of mixed signals as recent data suggests the economy may be weakening while the S&P 500 index is hitting new highs. In this difficult environment, investors can turn to the research of top Wall Street analysts to find stocks with strong balance sheets and solid growth prospects.

With that in mind, today we look at three stocks that are favorites of Wall Street professionals according to TipRanks, a platform that rates analysts based on their past performance.

Micron Technology $MU

Micron Technology (MU) is this week's first pick. The chipmaker recently reported fiscal third-quarter results that beat expectations in both revenue and earnings, thanks to growing demand driven by the ongoing wave of artificial intelligence (AI). Management is optimistic about the company's future and expects record revenue in fiscal 2025, supported by AI-driven opportunities.

Goldman Sachs analyst Toshiya Hari reacted to the results by reiterating a Buy recommendation on MU…