2 Growth Stocks That Could Rocket 144% and 202% Higher This Year, According to Wall Street
Growth stock investors have a lot to smile about these days. Optimism for stocks tied to innovative businesses is surging because the Federal Reserve is widely expected to cut interest rates this year.
Lower costs of capital are a powerful tailwind for growth stocks. Shrinking interest rates make the future cash flows their underlying businesses could produce seem a lot more valuable in the present.
Of course, not every growth stock is positioned to produce long-term gains for investors. However, the two I'm going to talk about here stand out in ways that excite the investment bank analysts who follow them closely. Consensus price targets for these stocks suggest they can double or even triple your money over the next 12 months.
Source Fool.com
