A Stock Market Rally Is Coming: 2 Magnificent Growth Stocks to Buy Before They Soar 51% and 62%, According to Wall Street
The S 500 (SNPINDEX: ^GSPC) is about 12 percentage points below its all-time high, but history suggests the index will eventually close the gap and soar to greater heights during the next bull market.
Buying opportunities abound ahead of that inevitable stock market rally. Indeed, Wall Street sees substantial upside where (NASDAQ: ETSY) and Paycom Software (NYSE: PAYC) are concerned. Etsy has a median 12-month price target of $105 per share, implying 62% upside from its current price. And Paycom has a median 12-month price target of $393.05 per share, implying 51% upside from its current price.
Investors should never put too much faith in price targets, but these growth stocks are worth a closer look, given the broadly bullish sentiment on Wall Street.
Source Fool.com
