12 Best Beginner Stocks to Buy According to Analysts

6. Boston Scientific Corporation (NYSE:BSX)

Stock Upside Potential: 26.16%

10-Year Revenue Growth Rate: 13.3%

Number of Hedge Fund Holders: 100

Boston Scientific Corporation (NYSE:BSX) is one of the best beginner stocks to buy, according to analysts. On September 11, analysts at Needham reiterated a ‘Buy’ rating on the stock and a $121 price target. The positive stance comes as the company plans to launch Bolt’s laser-based intravascular lithotripsy (IVL) system for peripheral use in late 2025.

The company has already commenced enrollment for a fracture study to evaluate the clinical use of the IVL technology. The study comes as Boston Scientific seeks to capitalize on an $8.5 billion opportunity in the IVL market.

The Bolt system offers better deliverability, more pulses, and more reliable targeted acoustic treatment than Shockwave Medical’s IVL system. Consequently, the Peripheral Interventions and Interventional Cardiology product portfolios and sales forces should enable quick market share capture in the IVL segment.

The research firm believes the IVL technology could add 0.3% to Boston Scientific’s revenue growth and contribute 0.5% growth in EPS over the next five years.

Boston Scientific Corporation (NYSE:BSX) is a global medical technology company that develops and sells less-invasive medical devices to help diagnose and treat a wide range of conditions, thereby improving patient outcomes and reducing healthcare costs.