© Reuters. 4 Stocks Wall Street Believes Have Massive Upside Potential
The major stock market indexes have been rallying on better-than-expected payroll growth and the Fed’s confidence in the economy’s ability to handle recurring challenges. Given the favorable market sentiment, Wall Street analysts expect fundamentally sound stocks Lufax Holding Ltd (LU), Organogenesis Holdings Inc. (NASDAQ:), LexinFintech Holdings Ltd. (LX), and Brightcove Inc. (BCOV) to rally in price significantly in the near term. Read on for details.The S&P 500 logged a sixth straight record close yesterday, driven primarily by the rally in technology stocks. The tech-heavy Nasdaq has also been witnessing an uptrend. A better-than-expected October jobs report and the Fed’s announcement earlier this week that it will begin tapering its asset-purchase program, which reflects its confidence in the economy’s ability to handle lingering issues, should keep the market upbeat near term.
While rising inflation and supply chain issues remain concerns, Fed Chairman Jerome Powell’s reiteration of the word ‘transitory’ regarding inflation brought some relief.
Given this backdrop, Wall Street Analysts expect fundamentally sound stocks Lufax Holding Ltd (LU), Organogenesis Holdings Inc. (ORGO), LexinFintech Holdings Ltd. (LX), and Brightcove Inc. (BCOV) to deliver significant upside in the near term.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
© Reuters. 4 Stocks Wall Street Believes Have Massive Upside Potential The major stock market indexes have been rallying on better-than-expected payroll growth and the Fed’s confidence in the economy’s ability to handle recurring challenges. Given the favorable market sentiment, Wall Street analysts expect fundamentally sound stocks Lufax Holding Ltd (LU), Organogenesis Holdings Inc. (NASDAQ:), LexinFintech Holdings Ltd. (LX), and Brightcove Inc. (BCOV) to rally in price significantly in the near term. Read on for details.The S&P 500 logged a sixth straight record close yesterday, driven primarily by the rally in technology stocks. The tech-heavy Nasdaq has also been witnessing an uptrend. A better-than-expected October jobs report and the Fed’s announcement earlier this week that it will begin tapering its asset-purchase program, which reflects its confidence in the economy’s ability to handle lingering issues, should keep the market upbeat near term.While rising inflation and supply chain issues remain concerns, Fed Chairman Jerome Powell’s reiteration of the word ‘transitory’ regarding inflation brought some relief.Given this backdrop, Wall Street Analysts expect fundamentally sound stocks Lufax Holding Ltd (LU), Organogenesis Holdings Inc. (ORGO), LexinFintech Holdings Ltd. (LX), and Brightcove Inc. (BCOV) to deliver significant upside in the near term.Continue reading on StockNewsDisclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.