Top Stock Picks for the Week: Shopify, Oracle, Arm, Coinbase, and Chipotle

Wall Street's top 10 stock calls this week include 5 Buy calls and 5 Sell calls. Top Buy calls include Shopify (SHOP) initiated with a Buy at Needham, Scotiabank starts Oracle (ORCL) with an Outperform rating, BNP Paribas Exane upgrades Arm (ARM) to Outperform on ASIC potential, Coinbase initiated with a Buy at Argus on promising growth runway, and Chipotle upgraded to Outperform at BMO Capital. Top Sell calls include ExxonMobil downgraded to Sell at UBS, Microsoft downgraded to Sell at UBS, Ford downgraded to Sell at UBS, Intel downgraded to Sell at UBS, and Pfizer downgraded to Sell at UBS.

Wall Street is abuzz with the latest stock recommendations from top analysts. This week, the focus is on a mix of 5 Buy calls and 5 Sell calls. Among the top Buy calls, Shopify (SHOP) initiated with a Buy rating at Needham, while Scotiabank started Oracle (ORCL) with an Outperform rating. BNP Paribas Exane upgraded Arm (ARM) to Outperform on ASIC potential, and Argus initiated coverage of Coinbase (COIN) with a Buy rating. Chipotle (CMG) was upgraded to Outperform at BMO Capital on a better second half outlook. On the Sell side, ExxonMobil (XOM) was downgraded to Sell at UBS, followed by Microsoft (MSFT), Ford (F), Intel (INTC), and Pfizer (PFE) all receiving Sell ratings from UBS.

The Buy calls highlight strong growth potential and favorable market conditions. For instance, Shopify's growth is driven by robust consumer spending, and Oracle's transition into AI infrastructure is seen as a significant opportunity. Meanwhile, the Sell calls indicate concerns about valuation, market conditions, and potential earnings disappointments. ExxonMobil's downgrade reflects concerns about the energy sector's outlook, while Microsoft's downgrade suggests that the tech giant's growth may not meet expectations.

Investors and financial professionals should closely monitor these recommendations, as they can provide valuable insights into market sentiment and potential investment opportunities. However, it is essential to conduct thorough research and make informed decisions based on individual financial goals and risk tolerance.

References
[1] https://www.ainvest.com/news/wall-street-week-earnings-season-kicks-trade-tensions-2507/
[2] https://www.tipranks.com/news/the-fly/buy-sell-wall-streets-top-10-stock-calls-this-week-thefly-9