3 Magnificent Growth Stocks With 38% to 64% Upside Potential, According to Wall Street
If you're looking for stocks that can make dramatic moves to the upside in a year or less, Wall Street analysts have some suggestions for you. Right now, projected price targets for these three growth stocks are well above the prices they've been trading at recently.
Blindly following analyst recommendations is a strategy that doesn't work out as often as investors want it to. That said, it often pays to understand why analysts are bullish in the first place. Here's why experts think these stocks have what it takes to put up big gains in 2023.
Shares of Amazon (NASDAQ: AMZN) are still down around 42% from the peak they reached in 2021. Investment bank analysts who follow the stock think it has enough fuel to rocket higher in 2023 -- the average price target right now implies a 40.1% gain over the next 12 months.
Source Fool.com
