2 Stock-Split Artificial Intelligence (AI) Stocks to Buy Before They Soar 50% and 80%, According to Certain Wall Street Analysts
Electric carmaker (NASDAQ: TSLA) and ad tech company The Trade Desk (NASDAQ: TTD) were winning investments over the last five years, with shares soaring 830% and 380%, respectively. That price appreciation led both companies to split their stocks.
Those stock splits are old news, but the underlying message still matters: Tesla and The Trade Desk have proven their ability to create value for shareholders, and winners tend to keep on winning. Indeed, certain Wall Street analysts still see substantial upside in both stocks.
Adam Jonas of Morgan Stanley has a 12-month price target of $380 per share on Tesla, implying 80% upside. Similarly, Laura Martin of Needham has a 12-month price target of $100 per share on The Trade Desk, implying 50% upside. Investors should never rely too much on short-term price targets, but they can be a starting point for further research.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 76 Buy predictions and 28 Sell predictions.
With a target price of 248 € there is a positive potential of 30.02% for Tesla Inc compared to the current price of 190.74 €.