Top Wall Street analysts say buy Apple & Spotify

The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss flag as the company lists its stock with a direct listing in New York, April 3, 2018.Lucas

Jackson | ReutersComing off a week that was packed with corporate earnings and economic updates, it is still difficult to determine whether a recession can be avoided this

year.Investing in such a stressful environment can be tricky. To help with the process, here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform

that ranks analysts based on their past performances. AppleAhead of Apple's (AAPL) December quarter results, due out on Feb. 2, investors are fairly aware of the challenges that

the company faced during the period. From production disruptions in the iPhone manufacturing facility at Zhengzhou in China to higher costs, Apple's first quarter of fiscal 2023

has endured all. Needless to say, the company expects a quarter-over-quarter growth deceleration.Nonetheless, Monness Crespi Hardt analyst Brian White expects the results to be in

line with, or marginally above, Street expectations. The analyst believes gains in Services, iPad and Wearables, Home & Accessories revenue could be a saving grace.Looking

ahead, White sees pent-up demand for iPhones come into play in the forthcoming quarters, once Apple overcomes the production snags. (See Apple Stock Investors' sentiments on

TipRanks)The analyst feels that the expensive valuation of approximately 27 times his calendar 2023 earnings estimate for Apple is justified."This P/E target is above Apple's

historical average in recent years; however, we believe the successful creation of a strong services business has provided the market with more confidence in the company's

long-term business model," said White, reiterating a buy rating and $174 price target.White holds the 67th position among almost 8,300 analysts followed on TipRanks. His ratings

have been profitable 63% of the time and each rating has generated a 17.7% average return.Spotify Audio streaming subscription service Spotify (SPOT) is also among the recent

favorites of Brian White."Spotify is riding a favorable long-term trend, enhancing its platform, tapping into a large digital ad market, and expanding its audio offerings," said

White, reiterating a buy rating and $115 price target.The analyst does acknowledge some challenges that await Spotify this year but remains optimistic about its margin improvement

plans and several favorable industry developments. While it may be tough to attract new premium subscribers, while facing continued pressure from a lower digital ad spending