U.S. stocks closed slightly higher on Friday, with the S&P 500 notching gains for the third straight week. The S&P 500 gained 2.2% last week, while the Dow Jones ended the week with a 1.9% gain.

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: Mark Kelley

• Analyst Firm: Stifel
• Ratings Accuracy: 87%
• Latest Rating: Reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) with a price target of $405 on Nov. 14, 2023. This analysts sees around 21% surge in the stock.
• Recent News: Meta Platforms tapped Hugging Face, an open-source community-driven platform, and Scaleway, a European cloud leader for AI infrastructures, to accelerate the adoption of open-source artificial intelligence solutions within the French entrepreneurial ecosystem.

Analyst: Zachary Fadem

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 85%
• Latest Rating: Maintained an Equal-Weight rating on Advance Auto Parts, Inc. (NYSE:AAP) and cut the price target from $70 to $60 on Nov. 13, 2023. This analyst sees around 18% upside in the stock.
• Recent News: Advance Auto Parts posted a loss for the third quarter.

Analyst: Doug Anmuth

Analyst: Matt Bryson

Analyst: Craig Ellis

Read More: Jim Cramer Has A 'Problem' With This Fintech Giant: 'I Like The Mastercards And The Visas Now'