Is this the final opportunity for enrollment?
Ready to make some smart moves in the market? Here's your lowdown on four stocks Goldman Sachs thinks you should consider.
In a recent study, Goldman Sachs identified four growth stocks that might witness a significant surge after their upcoming quarterly earnings. The experts suggest that it could be your last chance to hop aboard at these levels:
Uber: A Good Ride?
Goldman Sachs has put a thumbs-up on ride-hailing giant Uber. The company's impressive earnings growth and potential for further margin improvements have caught the experts' eyes. Plus, they lauded the stock's attractive risk-reward ratio and discarded concerns about autonomous driving.
Wall Street's consensus is also optimistic, with a "Buy" recommendation and a predicted 32% upside potential.
Bill.com: The Quick Cash Player?
The experts at Goldman Sachs are especially bullish about Bill.com, anticipating better-than-expected results in the coming quarter and an update in guidance. They believe the improving macroeconomic environment and Bill.com's success in winning larger customers position it well for rising revenues in 2025.
However, Wall Street consensus is more conservative, with a "Buy" recommendation on average but a mere 1% upside potential predicted.
IBM: Still a Player?
Even though IBM has been delivering well, Goldman Sachs believes there's still room for investors. They're bullish on IBM due to their belief that the company can continue to grow if it delivers a reliable long-term revenue growth strategy for its software segment.
Wall Street consensus is moderately optimistic, with a "Buy" recommendation on average and a predicted 3% upside potential.
Monster: The Energy Surge?
Goldman analysts believe that energy company Monster's shares could be set for a massive revaluation. The experts point to significant potential for gross profit growth and margin improvements due to growth opportunities, strong innovations, and pricing power.
Wall Street's consensus mirrors this optimism, with a "Buy" recommendation and a predicted 16% upside potential.
Fancy More Info?
Here are a couple of intriguing reads you might enjoy:
- Markets on the Brink of a Wild Moment? Watch out for this potential crash!
- A Stock Yielding 7.9% Dividends? UBS thinks it's the investment of the year
- Investing in Uber, Bill.com, IBM, and Monster could prove profitable given Goldman Sachs' positive outlook on their quarterly earnings and growth prospects.
- With Goldman analysts predicting a potential 16% upside for Monster's shares and a 32% upside for Uber, the stock-market offers exciting opportunities for investors.
