Wall Street Loves These 3 Growth Stocks; Should You?
When investors look back on 2023, rapidly rising interest rates, receding inflation, a potential recession (or the avoidance of it), and artificial intelligence (AI) mania will dominate the discussion. All these topics have broad implications for the economy, but they only offer vague clues about where to look for winning companies across industries.
If you are looking for more clear-cut clues about where to invest based on the headlines, a look at the companies that Wall Street analysts are reporting on can be an excellent starting point. While analysts are just as fallible as anyone when it comes to stock picking, they have resources to help them generate insights that investors can use. When doing due diligence on stock picks, it helps to seek out multiple sources. Just remember that we all have different investing goals and that should be factored into whatever analyst opinions you study.
With this in mind, let's look at three diverse growth stocks that Wall Street thinks could soar.
Source Fool.com