Mergers and acquisitions, as well as a big rebound to growth, have analysts high on Analog Devices ( ADI (opens in new tab), $153.85) in the nearer term. Analysts' average recommendation: 1.75 (Buy).

If the analysts are right, these are some of the best stocks to buy today to profit from where their innovative thinking is taking them tomorrow. Read on to see the Street's favorite stocks in the Argus Model Innovation Portfolio. The closer a score gets to 1.0, the stronger the Buy recommendation.Īfter sorting the names in the Argus portfolio by S&P GMI's scoring system, we selected the 15 stocks with the lowest – or best – scores. Any score below 2.5 means that analysts, on average, rate the stock as being Buy-worthy. Here's how we found Wall Street's favorite stocks in the Argus portfolio: S&P Global Market Intelligence surveys analysts' stock recommendations and scores them on a five-point scale, where 1.0 equals a Strong Buy and 5.0 is a Strong Sell. To find the best stocks to buy today based on their innovative capabilities – among other factors – we took the Argus portfolio and pulled out the 15 stocks the broader analyst community likes just as much. The Argus Model Innovation Portfolio comprises 30 companies the independent research firm sees as being among the best stocks to buy today for outsized gains over the long haul.

Indeed, innovation is so important to long-term success that Argus Research has created a model portfolio around the concept.

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