A Bull Market Is Coming: 1 Incredible Growth Stock to Buy Hand Over Fist Before It Soars 684%, According to Wall Street
There's no two ways about it: Last year was a challenging one for investors, marked by high inflation, rising interest rates, and the worst stock market decline in more than a decade. It appears the tide has turned, however, with each of the major indexes rising more than 20% from their recent lows, signaling the start of the next bull market (at least by one definition).
The evolving landscape has investors looking for high-quality stocks that can ride the bull market higher as the economic recovery plays out. In fact, many analysts are particularly optimistic regarding the prospects for (NASDAQ: TSLA), the world's leading electric vehicle (EV) maker. In fact, if Wall Street is right, this stock is set to soar 684% by 2027. Let's look at the catalysts that could drive it higher.
Tesla's business has been gaining momentum for years. While the macroeconomic challenges of the past year weighed on the company's sales, evidence that the EV maker continues to gain steam is everywhere.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 78 Buy predictions and 30 Sell predictions.
As a result the target price of 249 € shows a positive potential of 20.79% compared to the current price of 206.15 € for Tesla Inc.
