The 11 Best Stocks To Buy Now: February 16, 2012

Today’s best stocks to buy now, February 16, 2012, all upgraded to a “buy” rating or better today from Wall Street analysts and all considered good stocks to buy: DigitalGlobe Inc (NYSE: DGI), Devon Energy Co. (NYSE: DVN), Enterprise Products Partners L.P. (NYSE: EPD), Expeditors International of Washington, Inc. (NASDAQ: EXPD), GeoEye, Inc. (NASDAQ: GEOY), Heckmann Co. (NYSE: HEK), Itron, Inc. (NASDAQ: ITRI), Grand Canyon Education Incorporated (NASDAQ: LOPE), Meadowbrook Insurance Group, Inc. (NYSE: MIG), Ritchie Bros. Auctioneers (NYSE: RBA), Polo Ralph Lauren Corp (NYSE: RL) 

Upgraded To “Buy” Or Better

DigitalGlobe Inc (NYSE: DGI) was upgraded by analysts at Raymond James from an “outperform” rating to a “strong-buy” rating. DGI is currently trading at $16.12, up 3.67% (+0.57) as the time of this alert. DGI is currently trading -50.88% below its 52-week high, $32.82, 18.62% above its 52-week low, $13.59. DGI has a 1-Yr Target Price of $27.14 with a current Market Cap of $745.87 Million.

DigitalGlobe, Inc. provides commercial earth imagery products and solutions.

Devon Energy Co. (NYSE: DVN) was upgraded by analysts at Tudor Pickering from an “accumulate” rating to a “buy” rating. DVN is currently trading at $74.02, up 3.24% (+2.32) as the time of this alert. DVN is currently trading -20.88% below its 52-week high, $93.56, 45.88% above its 52-week low, $50.74. DVN has a 1-Yr Target Price of $88.15 with a current Market Cap of $29.90 Billion.

Devon Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of natural gas and oil in the United States and Canada.

Enterprise Products Partners L.P. (NYSE: EPD) was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. EPD is currently trading at $51.869, up 1.41% (+0.72) as the time of this alert. EPD is currently trading -0.39% below its 52-week high, $52.07, 44.08% above its 52-week low, $36.00. EPD has a 1-Yr Target Price of $53.89 with a current Market Cap of $45.16 Billion. Analysts at Argus now have a $61.00 price target on EPD.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals in North America.

Expeditors International of Washington, Inc. (NASDAQ: EXPD) was upgraded by analysts at Jefferies Group from a “hold” rating to a “buy” rating. EXPD is currently trading at $44.31, up 4.31% (+1.83) as the time of this alert. EXPD is currently trading -19.87% below its 52-week high, $55.30, 15.84% above its 52-week low, $38.25. EXPD has a 1-Yr Target Price of $50.10 with a current Market Cap of $9.40 Billion.

Expeditors International of Washington, Inc. provides logistics services in the United States and internationally.

GeoEye, Inc. (NASDAQ: GEOY) was upgraded by analysts at Raymond James from an “outperform” rating to a “strong-buy” rating. GEOY is currently trading at $21.76, up 6.51% (+1.33) as the time of this alert. GEOY is currently trading -51.30% below its 52-week high, $44.68, 21.02% above its 52-week low, $17.98. GEOY has a 1-Yr Target Price of $30.07 with a current Market Cap of $482.77 Million.

GeoEye, Inc., together with its subsidiaries, provides earth imagery and imagery information products, as well as image processing services to the United States and foreign government defense and intelligence organizations, domestic federal and foreign civil agencies, and commercial customers.

Heckmann Co. (NYSE: HEK) was upgraded by analysts at Global Hunter Securities from an “accumulate” rating to a “buy” rating. HEK is currently trading at $5.10, up 6.92% (+0.33) as the time of this alert. HEK is currently trading -27.66% below its 52-week high, $7.05, 9.21% above its 52-week low, $4.67. HEK has a 1-Yr Target Price of $6.83 with a current Market Cap of $595.31 Million. Global Hunter Securities now have a $7.50 price target on HEK.

Heckmann Corporation, together with its subsidiaries, operates as a services-based company focused on total water solutions for shale or unconventional oil and gas exploration.

Itron, Inc. (NASDAQ: ITRI) was upgraded by analysts at ThinkEquity from a “hold” rating to a “buy” rating. ITRI is currently trading at $49.38, up 23.11% (+9.27) as the time of this alert. ITRI is currently trading -15.39% below its 52-week high, $58.36, 83.57% above its 52-week low, $26.90. ITRI has a 1-Yr Target Price of $45.57 with a current Market Cap of $2.01 Billion.
ITRI was also upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating who now have a $53.00 price target on the stock, up previously from $32.00.

Itron, Inc. provides products and services for the energy and water markets worldwide.

Grand Canyon Education Incorporated (NASDAQ: LOPE) was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating. LOPE is currently trading at $17.85, up 3.30% (+0.57) as the time of this alert. LOPE is currently trading -3.46% below its 52-week high, $18.49, 45.60% above its 52-week low, $12.26. LOPE has a 1-Yr Target Price of $20.00 with a current Market Cap of $791.31 Million.

Grand Canyon Education, Inc. provides postsecondary education services in the United States.

Meadowbrook Insurance Group, Inc. (NYSE: MIG) was upgraded by analysts at BGB Securities from a “hold” rating to a “buy” rating. MIG is currently trading at $9.5889, up 2.23% (+0.21) as the time of this alert. MIG is currently trading -19.49% below its 52-week high, $11.91, 15.95% above its 52-week low, $8.27. MIG has a 1-Yr Target Price of $12.00 with a current Market Cap of $489.51 Million.

Meadowbrook Insurance Group, Inc., through its subsidiaries, operates as a specialty commercial insurance underwriter and insurance administration services company in the United States.

Ritchie Bros. Auctioneers (NYSE: RBA) was upgraded by analysts at Bank of America to a “buy” rating. RBA is currently trading at $25.85, up 5.00% (+1.23) as the time of this alert. RBA is currently trading -18.58% below its 52-week high, $31.75, 44.41% above its 52-week low, $17.90. RBA has a 1-Yr Target Price of $24.05 with a current Market Cap of $2.75 Billion.

Ritchie Bros. Auctioneers Incorporated, an industrial auctioneer, sells various equipment to on-site and online bidders worldwide.

Polo Ralph Lauren Corp (NYSE: RL) was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. RL is currently trading at $173.62, up 0.58% (+1.00) as the time of this alert. RL is currently trading -2.72% below its 52-week high, $178.47, 65.18% above its 52-week low, $105.11. RL has a 1-Yr Target Price of $185.92 with a current Market Cap of $15.79 Billion. Analysts at Argus now have a $202.00 price target on RL.

Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products.

Fundamental company data provided by Capital IQ:

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