3 Growth Stocks Wall Street Might Be Sleeping on, but I'm Not
There's a popular saying, attributed to Warren Buffett, that suggests investors should be fearful when others are greedy and greedy only when others are fearful. Put another way, the best stock buying opportunities often occur when investor sentiment is at its lowest. That's not where the overall market is today, but there are some stocks out there that are still viewed unfavorably by Wall Street, presenting a buying opportunity for investors.
To be clear, these opportune stocks still face their challenges, but the risk/reward from today's prices makes them compelling for long-term investors. Wall Street might be sleeping on these stocks, but I'm not. Here are three examples to prove my point.
During the pandemic, at-home fitness company (NASDAQ: PTON) was a darling of Wall Street. The prevailing assumption was that at-home fitness was an undeniable trend and Peloton would be the biggest winner. It may still be the case that Peloton is the biggest winner in this space, but it's fair to say the market opportunity might be significantly smaller than what investors were hoping a few years ago.
Source Fool.com
Peloton Interactive Inc. Stock
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
With a target price of 7 € there is potential for a 111.42% increase which would mean more than doubling the current price of 3.31 € for Peloton Interactive Inc..
