Wall Street Expects the S&P 500 to Hit a Record High: 2 Highly Recommended Growth Stocks to Buy Now and Hold Forever
Throughout October, Wall Street analysts reduced fourth-quarter earnings estimates for the S 500 (SNPINDEX: ^GSPC) due to a slowing economy. But the collective wisdom of Wall Street still says the benchmark index will reach a record high in the next year.
Specifically, the S 500 carries a 12-month price target of 5,052, implying a 15% gain from its current level of 4,383 (as of Nov. 8). That is a bottom-up forecast that aggregates the median price target on every stock in the index, blending more than 11,000 individual estimates.
Building on that, CrowdStrike Holdings (NASDAQ: CRWD) and HubSpot (NYSE: HUBS) both carry an average rating of "buy" among analysts, and neither stock has a single sell rating at the present time.
Source Fool.com
CrowdStrike Holdings Inc Stock
The stock is an absolute favorite of our community with 153 Buy predictions and no Sell predictions.
As a result the target price of 325 € shows a positive potential of 33.94% compared to the current price of 242.65 € for CrowdStrike Holdings Inc.