A Bull Market Is Coming: 2 Phenomenal Growth Stocks to Buy Before They Soar 93% and 127%, According to Wall Street
September has historically been the worst month (by a wide margin) for the S&P 500. That strange phenomenon, referred to as the September Effect, hit the index particularly hard this year. The S&P 500 is down more than 5% since the beginning of September. But patient investors have no reason to worry.
History says the S&P 500 will find its way back to bull market territory, and Wall Street sees compelling buying opportunities where certain growth stocks are concerned. For instance, analysts have set a median 12-month price target of $86 per share for Block (NYSE: SQ), which implies a 93% upside from its current price. SolarEdge Technologies (NASDAQ: SEDG) has a median 12-month price target of $290 per share, which implies a 127% upside from its current price.
To be clear, investors should take these price target estimates for what they are -- estimates. But the general optimism surrounding Block and SolarEdge is reason enough to take a closer look. Here are the details.
Source Fool.com
