3 High-Flying Stocks That Wall Street Believes Can Plunge Up to 91%
When examined over short periods, Wall Street is anything but predictable. Over the trailing two years, we've watched all three major indexes climb to multiple new highs, subsequently plunge into a bear market, then rebound substantially in the first half of 2023.
The theme during the first half of the year was that many of Wall Street's high-growth, megacap companies are back in favor. While the competitive advantages these industry leaders offer is fueling significant upside in their share prices, not all Wall Street institutions or analysts are onboard.
Though Wall Street price targets are rarely set in stone and aren't an end-all when it comes to share-price performance, the following three high-flying stocks are expected to plunge by as much as 91% if a select few Wall Street analysts are correct.
Source Fool.com
