U.S. stocks settled higher on Friday, with the Nasdaq Composite gaining more than 400 points during the session following upbeat April's jobs report.

All three major indices recorded weekly gains, with the Nasdaq jumping 4.5% and the S&P 500 adding 2.3%. The Dow also recorded a weekly gain of 0.2%.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.

Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga’s extensive database of analyst ratings is by analyst accuracy. Here’s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Asiya Merchant

Analyst Firm: Citigroup

Ratings Accuracy: 92%

Latest Rating: Maintained a Neutral rating on CDW and cut the price target from $150 to $123 on May 8. This analyst sees around 17% upside in the stock.

Recent News: CDW, on May 6, reported mixed first-quarter financial results.

Analyst: Timothy Arcuri

Analyst Firm: UBS

Ratings Accuracy: 89%

Latest Rating: Maintained a Buy rating on Allegro MicroSystems Inc ( ALGM ) and raised the price target from $52 to $55 on May 8. This analyst sees around 13% upside in the stock.

Recent News: On May 7, Allegro Microsystems ( ALGM ) posted upbeat fourth-quarter earnings.

Analyst: William Stein

Analyst Firm: Truist Securities

Ratings Accuracy: 88%

Latest Rating: Maintained a Hold rating on Microchip Technology Inc ( MCHP ) and raised the price target from $69 to $105 on May 8. This analyst sees around 6% jump in the stock.

Recent News: On May 7, Microchip Technology ( MCHP ) reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.

Analyst: Atif Malik

Analyst Firm: Citigroup

Ratings Accuracy: 88%

Latest Rating: Maintained a Neutral rating on Qorvo Inc ( QRVO ) and boosted the price target from $90 to $100 on May 7. This analyst expects around 10% growth in the stock.

Recent News: On May 5, Qorvo ( QRVO ) posted better-than-expected quarterly earnings.

Analyst: Srini Pajjuri

Analyst Firm: RBC Capital

Ratings Accuracy: 87%

Latest Rating: Maintained an Outperform rating on Arm Holdings PLC ( ARM ) – ADR and raised the price target from $175 to $260 on May 7. This analyst expects around 23% surge in the stock.

Recent News: On May 6, Arm Holdings ( ARM ) reported better-than-expected fourth-quarter financial results.