Wall Street analysts have lashed out at stocks with a slew of buy ratings this week. As summer approaches, analysts say there are plenty of top companies for investors to choose from. CNBC Pro combs through top Wall Street research to find must-have stocks for the summer. These include: MarketAxess, Bowlero, Zillow, Liberty Media Formula One and Booking. Bowlero Stifel analyst Steven Wieczynski doubled down on the bowling company after a recent meeting with management. The firm also added Bowler to its Stifel Select List earlier this week, warning investors that despite the “tremendous pressure” the stock should not be ignored. “We’re more confident in the story/stock and believe the stock is still substantially undervalued,” he said of a meeting with company executives. Wieczynski noted that a slowdown in consumption is already priced into the stock, which should give Shareholders brought some comfort. Bowlero’s acquisition of Lucky Strike, which has huge upside potential, hasn’t received enough attention, Parker said. In the meantime, if consumers do start to back off, Wieczynski now believes management has a plan in place. “We believe BOWL is uniquely positioned to weather the downturn, even contraction better than our other coverages, both in terms of attractiveness in the company’s core product and leverage management,” he said. Shares of Bowlero are down 11.2% this year. Zillow Stephens analyst John Campbell said there is “still an attractive buying opportunity” in Zillow. The online real estate company has no shortage of positive catalysts, the company said earlier this week. He said Zillow’s management is executing, primarily by focusing on its “five-pillar” strategy. “In terms of the mobile part, these initiatives are designed to: increase engagement, increase transactions and increase revenue per transaction, all of which need to increase for ZG to meet its 2025 financial goals,” he said. However, even if the company misses its long-term financial goals, Campbell said investors should stick with the stock. “ZG hitting half of its EBITDA target would equate to a discount to the stock trading below half of its 25-year target EBITDA,” he added. He went on to say that shares are up 39% this year, but the stock still has plenty of room to run. MarketAxess Atlantic Equities analyst Simon Clinch advises investors to buy the electronic credit markets trading platform MarketAxess on dips. The company said its review of the company’s latest May volume report was encouraging and created a great opportunity for investors. “Our analysis identified more stable pricing and market share trends than observed in April and May, giving us confidence in growth beyond temporary market disruption,” he said. To be sure, Clinch acknowledged that pressures remain, but “longer-term growth opportunities remain attractive” and headwinds could quickly turn into tailwinds. “Now that the debt-ceiling impasse is resolved, we expect fundamentals to continue to improve.” The stock has risen 1.5% this month, but the company said the “longer-term opportunity is attractive.” “We see any weakness as an opportunity to build positions for long-term investors, but patience is required,” Clinch continued. Bowlero- Stifel, Buy rating “We have higher conviction on the story/stock and believe the stock remains significantly undervalued. … BOWL stock has been bearish since the company reported its F3Q23 results on May 16 Under intense pressure…. We believe BOWL is uniquely positioned to weather the downturn, both in terms of traction in the company’s core product and leverage management, even better than our other covered contractions.” Zillow – Stephens, Buy Ratings “Attractive buying opportunity. Remains there. … Housing market sentiment remains subdued, but in our view, interest rates won’t get any worse/an eventual pause and decline could trigger housing-related stocks, including ZG, moving higher…..As a reminder, after ZG chose to wind down its iBuying business, the company shifted focus to 5 pillars of strategic focus, announced on the Q4 2021 earnings call, designed to help Forms the basis for a ‘super app.’ … .ZG hitting half of its EBITDA target would equate to 10 times the stock trading below half of its 25-year target EBITDA.” MarketAxess- Atlantic Equities, Buy rating “”Our analysis identified more stable pricing and market share trends than observed in April and May, giving us confidence in growth beyond temporary market disruptions. …but the LT growth opportunity remains attractive. … Now that the debt ceiling impasse has been resolved, we expect fundamentals to continue to improve. …we view any weakness as an opportunity to build a position for long-term investors, albeit with patience. “Liberty Formula One- Cowen, Outperform Rating” We are initiating Liberty Formula One Group with an Outperform rating and a $90 price target on the rating. We think the market is underestimating that FWON is still in the early stages of improving utilization of commercial right assets. We see a clear path to 15%+ adj above consensus. CAGR for OIBDA and LFCF to 2027, and significant potential for buybacks to enhance shareholder value. ” Read more about the call here. Booking Holdings-Argus, Buy rating “We think BKNG stock is undervalued at its current price of nearly $2,713. The shares trade at 18.5 times our revised 2023 EPS estimate, below the average for other online booking companies. In our view, current valuations do not adequately reflect the outlook for revenue and earnings growth through the remainder of 2023. Therefore, our rating remains Buy. Our revised price target of $3,080 implies a possible return of 14% from current levels. “