5 Growth Stocks With 43% to 70% Upside, According to Wall Street
Since the end of the Great Recession, growth stocks have been the best place to put your money to work in the market. Historically low lending rates, coupled with predominantly dovish monetary policy from the Federal Reserve, have created a perfect scenario for fast-paced companies to hire, innovate, and acquire other businesses.
But over the past two months, rising Treasury yields have incited brief, yet steep, sell-offs in growth stocks. What's been an unsettling move lower to some folks represents an opportunity to buy rapidly growing stocks at a substantial discount for long-term investors.
Based on Wall Street's one-year consensus price targets as of April 5, the following five growth stocks all offer upside ranging between 43% and 70%.
Source Fool.com