1 No-Brainer Stock With 132% Upside, According to Wall Street
When Wall Street analysts reach an overwhelming consensus on a stock, it can be worthwhile paying attention. While they're not always right, it can be a good indication that a company's fundamentals are on solid ground.
Sometimes favorable developments within a company's industry will prompt analysts to increase their expectations. But how the company reacts to those opportunities can be the difference between a great-performing stock and a poor one. For example, as the world grapples with a pandemic-driven semiconductor shortage, many chipmakers have experienced transformational growth and soaring profits.
Memory chipmaker Micron Technology (NASDAQ: MU) is no exception. It has a consensus buy rating among Wall Street firms, and one, in particular, thinks the stock's price could rise by 132%.
Source Fool.com