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33 Stocks That Could Rally 50% or More This Year


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Published in Stocks and Investing on by Kiplinger   Print publication without navigation

That helps explain how a total of 33 stocks in the S&P 500 have implied upside of at least 50% over the next 12 months or so, according to price target data from S&P Global Market Intelligence. Price targets are a blunt tool when it comes to sussing out cheap stocks. Committing capital based on a single data point is not an investment process.

The article from Kiplinger discusses several stocks that have the potential to rally based on recent market trends and company performance. It highlights stocks like Nvidia, which has seen significant growth due to its strong position in the AI and gaming industries, and Chevron, which benefits from rising oil prices and a focus on shareholder returns. Other mentioned stocks include Moderna, which continues to develop new vaccines and treatments, and Airbnb, which is recovering strongly as travel rebounds. The article emphasizes the importance of considering both sector-specific trends and broader market conditions when evaluating these investment opportunities.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stocks-that-could-rally ]

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