Top Wall Street analysts say buy these stocks in a challenging 2023

Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for the potential risks of novel coronavirus in Honolulu, Hawaii, U.S. February 28, 2020.

The memory market has suffered setbacks this year, but Nova Measuring has been able to benefit from that. The majority of Nova's products are for the foundry market.

According to Mark Miller, who hosted a virtual meeting with Nova management recently, the company has grown at a compound annual growth rate of 15% to 20% over the past five years. The analyst is positive about Nova's chances. Nova expects to once again surpass WFE spending in the years to come.

The demand runway that will be created when the U.S., Europe, and China ramp up internal chip manufacturing over the next five years is bright. Nova measures stock investors' sentiment on tipRanks.

The second half of the year is expected to be better due to a possible rebound in the memory market and increased orders from Taiwan Semiconductor Manufacturing.

The analyst maintained a buy rating on the stock.

Miller has delivered more profitable ratings in the past year than any other analyst. Each of his ratings has produced an average return.

Food and general merchandise can be purchased in bulk through the membership warehouses at discounted prices. The business survived a tumultuous year thanks to strategic investments, customer-centeredity, and focus on membership growth.

Ivan Feinseth, an analyst with Tigress Financial Partners, said that he sees consumer spending trends improving later in 2023, and this will be a catalyst for the company. Business performance trends are expected to increase due to the retailer's store growth and international expansion. The Dividend Date and History are on the TipRanks website.

The analyst thinks that the market for warehouse-based retail is driving the competitive advantage of the company. Feinseth still has a buy rating on the stock. The analyst thinks the recent pullback is a buying opportunity and expects the business model to drive growth.

Feinseth is the 271 st ranked analyst. The ratings have delivered average returns of 10.7%.

Brian White has always been bullish on Amazon. The analyst has a good idea of the company's long-term prospects.

White is optimistic about the future of Amazon in the areas of e- commerce, Amazon Web Services, digital media, advertising, and others. Digital transformation is expected to benefit the company's long-term business model despite a challenging macroeconomic environment.

The analyst kept his BUY rating on Amazon. Amazon Hedge Fund trading activity is on tipRanks.

White has convictions on Amazon. Each of his ratings has generated an average return of 8.1%. The analyst has a rating of 716 out of 8000.

The analyst maintained a buy rating and a $150 price target on Meta Platforms. The year has been a difficult one for the company and is expected to continue into the next year.

The analyst expects Meta to gain from secular growth opportunities in digital ads and advance innovations in the metaverse. The valuation of the Facebook-parent is expected to increase over time. There are traffic trends on the Meta Platforms website.

With sales up 34% per annum over the past five years and generating an attractive operating margin, we believe Meta Platforms should trade at a premium to the market and tech sector in the long run.

Recently, Tore Svanberg reinforced his bullishness on the company, which specializes in the development and marketing of video compression and image processing solutions. The stock of AMBA has fallen steeply this year. Here is a look at the positives that Svanberg mentioned.

The analyst believes that the company is a leader in the video processing technology market. There are opinions and sentiment on tipRanks.

Svanberg talked about the flow of deals. Bosch Mobility Systems is a Tier 1 original equipment manufacturer.

Two of the top three global Tier 1 automotive original equipment manufacturers have deals with the company. According to Svanberg, AMBA is positioning 'CV3' well to realize their ambitions, with a 6-year design win funnel estimated at $2.3 billion. The CV3 is the flagship domain controller of the company.

AMBA is well-positioned to be a key beneficiary of CV/Edge Processing and the acquisition of Oculii gives it a unique edge in vision/radar sensor fusion technology.

Svanberg is a 32nd ranked analyst. Sixty-five percent of his ratings have been profitable.