A Bull Market Is Coming: 2 Growth Stocks to Buy Before They Soar 47% and 48%, According to Wall Street
The S 500 is down 10% from its all-time high, putting the index on the brink of bull market territory, and history says it will close the gap eventually. The S 500 has suffered dozens of drawdowns over the years, but it has never failed to recoup its losses. That makes the present a good time to consider (NASDAQ: PYPL) and DigitalOcean (NYSE: DOCN).
Wall Street sees substantial upside for both of these fintech growth stocks. PayPal has a median 12-month price target of $85 per share, implying a 47% upside from its current price. And DigitalOcean has a median 12-month price target of $34 per share, implying a 48% upside from its current price. Of course, price targets are by no means a guarantee of future performance, but the optimism surrounding both companies warrants further consideration.
Here's what investors should know.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
As a result the target price of 74 € shows a positive potential of 37.8% compared to the current price of 53.7 € for Paypal Holdings Inc.
