Synopsys Inc. (NASDAQ: SNPS) is highlighted as one of the best QQQ stocks to buy right now. KeyBanc analyst Jason Celino raised the price target on Synopsys to $660 from $610, with an Overweight rating. The company reported a revenue of $1.6 billion in Q2, a 10% increase year-over-year. Design Automation revenue reached $1.12 billion, with the Design IP segment seeing a 21% revenue increase. Synopsys operates in 2 segments: Design Automation and Design IP. The company had $14.3 billion in cash and short-term investments and $10.1 billion in debt at the end of the quarter.

Read more at Yahoo Finance: KeyBanc Raises Synopsys (SNPS) PT to $660 Following Strong Q2 Results, Ansys Deal