Wall Street Is Bullish on These 3 Top Stocks: Are They a Buy?
The markets have given investors a wild ride over the last three years, and that has resulted in several promising companies selling at deeply discounted prices. Investors who sift through the wreckage carefully are likely to find some gems that will earn them big returns in the years to come.
Top consumer discretionary companies are a great sector to look for bargains at the moment. High inflation and lower consumer spending have pressured these companies' revenue growth and scared away many short-term traders. But Wall Street analysts are high on the long-term prospects of (NYSE: CHWY), Sonos (NASDAQ: SONO), and Lovesac (NASDAQ: LOVE). These three consumer discretionary stocks trade well off their recent highs, and analysts are forecasting near-term price targets well above their current share prices.
Still, Wall Street analysts aren't always right, so let's find out more about these three companies to see which ones are worth buying.
Source Fool.com
Chewy Inc Stock
With 38 Buy predictions and 3 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 28 € shows a positive potential of 21.45% compared to the current price of 23.06 € for Chewy Inc.
