Though the market has been volatile, analysts are spotting opportunities for upside among select companies.

Tipranks can cut through market noise. It aggregates data and shows which financial analysts consistently make the right calls. This information is then presented on an easily-digestible platform.

Some of the most successful analysts in U.S. capital exchanges recently shared their opinions on five stocks, including video streaming and electric cars.

Let’s have a look at what the top analysts think.

Due to the Covid-19 pandemic, investors had high hopes for video streaming service and content producer Netflix (NFLX), but high growth one quarter can often mean a difficult comparison for the next quarter. The firm’s subscriber growth has slowed in 2021. However, Scott Devitt from Stifel Nicolaus thinks the worst is over. (See Netflix hedge fund activity on TipRanks)

Devitt rated the stock a Buy and raised his price target to $650 from $580.

Bullish analyst Devitt expects new subscribers to increase during the second quarter of fiscal year. He believes Netflix’s international orientation will allow it to expand its global reach.

Netflix is expected to invest approximately $17 billion in content this year and has high user engagement. Devitt believes that Netflix will soon experience a sustained period of free cash flow, which would allow for self-funded content creation and reduce external financing. This should also enable the company’s shareholders to receive capital back.

Devitt believes that the recent declines in stock prices are not indicative of core business trends. However, Devitt sees the minor decline as a discount. He also wrote that it offers a good entry point to long-term investors.

Devitt has been ranked No. 52. 52.

The Covid-19 pandemic brought with it many business-related trends, and with people stuck at home, the do-it-yourself boom took off. While this has waned slightly, retail firms like AutoZone (AZO) are still printing positive earnings results. Wall Street’s consensus estimate of the earnings per-share for this auto parts firm was beaten by over 20%. It is now forecasted that it will have more fuel in the tank for 2022.

Wells Fargo’s Zachary Fadem gave the stock a Buy rating and raised his price target by $1,825 to $1.750.

Five-star analyst Zachary Fadem of Wells Fargo rated the stock a Buy and raised his price target to $1,825 from $1,750. He stated that AZO plans to create 20 new mega hubs during the fiscal year 2022 and that it had been effectively managing its inventories. (See AutoZone risk factors on TipRanks)

AutoZone has been betting on commercial business investments to expand growth, and the analyst feels that the strong quarterly results reflect success in these initiatives. Fadem also pointed out the benefits of improving labor metrics. He attributes this to “enhanced unemployment benefit”.

An analyst who is bullish on the company stated that share prices remain attractive and that future growth could reward shareholders. This will be helped by the expansion of its online sales segment.

Fadem is No. Fadem is rated 36 of over 7,000 experts analysts. Fadem has scored 77% success rate and average returns of 29.9% for each rating.

For software-as-a-service firms, cloud computing is now the name of the game. Companies that have successfully adapted to this new reality are flourishing, and Adobe (ADBE) is no outlier. Called a “pioneering trailblazer of digital creative and marketing tools and services” by Brian Schwartz of Oppenheimer & Co., the company has scaled to its current advantageous and profitable position in its market.

Schwartz upgraded his price target from $600 to $680 and rated it a buy.

The bullish analyst called Adobe a “verifiable cloud platform success story” and declared his optimism on its outlook. After Adobe’s positive earnings results that exceeded Wall Street estimates for several metrics, this optimism was evident. (See Adobe’s insider trading activity on TipRanks)

While further upside, supported by high levels of profitability, is expected by Schwartz, he did warn short-term investors of a possible healthy pullback. The correction will come following a stock gain of 29% (at the time of writing) According to him, the “underlying outlook for Adobe” is optimistic.

Digital Experience, its cloud-based platform, is growing with natural growth. Workfront, a newly acquired enterprise management company, is also integrating well.

Schwartz ranks No.1 among the over 7,000 financial professionals on TipRanks. 2. 8.1% of his ratings were successful, with a combined return of 35.4%.

The market for electric vehicles (EV) is still a marginal portion of the overall auto industry, but this is sure to change in the coming years. Calling it a “front and center” winning stock play in EVs, Daniel Ives of Wedbush argued that Tesla (TSLA) has yet to hit its major global stride, with much more capacity for production on the way this year. (See Tesla blogger sentiment on TipRanks)

Ives reiterated a Buy rating on the stock, and assigned a price target of $1,000 per share.

While the analyst was a bullish, he admitted there were Chinese regulatory problems that have impacted the stock price in the recent quarters. He expects those issues to be resolved by the end. He said that Europe will continue to have its Tesla vehicles imported from China until Berlin Gigafactory opens.

This issue, however, will be overcome once Berlin begins producing Tesla vehicles. Once the Austin manufacturing plant is fully operational, it will support the company’s ability to satisfy demand.

The global shortage of semiconductor chips has also been an issue. This has been a problem for the entire auto industry since 2021.

Although competition is increasing rapidly, Ives believes Tesla will remain in a strong position relative to other EV companies. Ives predicts that the EV/autonomous vehicle market will grow from 3% to 10% today, with Tesla benefitting more than any other company.

Ives remains at No. 33 of the more than 7,008 total TipRanks analysts. The average rating for each analyst has earned 35.7%. His ratings have been successful 75% of all times.

Although mobility in general was hampered during the most severe days of the Covid-19 pandemic, Uber Technologies (UBER) managed to leverage its ridesharing drivers as food delivery vehicles and maintain relevance. There have been a number of high-profile setbacks for the company in the recent quarter. However, Doug Anmuth, JPMorgan, sees these as waning and predicts that the future holds great promise.

Anmuth retained his Buy rating for the stock and set a $72 price target.

Anmuth explained that factors that are dragging down the stock price have been dissipating and will be resolved by the fourth quarter. There are regulatory hurdles, low driver supply, and concerns about the company’s ability to make a profit.

The concerns were dispelled by Mr. He stated that ride volume has increased in many countries and that there is an increase in the number of drivers. Uber has also reduced the incentive programs it offered to drivers, which indicates a lower sense of urgency in recruiting new drivers.

Anmuth stated that Uber Eats has seen a high level of user retention due to its rapidly growing food delivery service. An important indicator of strong ecosystem is the fact that a large number of people are now converted via Uber’s ride-sharing app.

Anmuth feels that Uber’s management has declared its third-quarter guidance to be conservative. Therefore, the analyst is expecting a rise in this metric when it reports its next earnings print. (See Uber stock charts on TipRanks)

Aggregated by TipRanks, Anmuth ranks as No. 75 of over 7,000 analysts. The average return on investment for his stock rating accuracy is 25.4%.