2 Cheap Growth Stocks to Buy Before They Soar 71% and 100%, According to Certain Wall Street Analysts

From Nasdaq:

The S&P 500 has surged 28% in the past year, but analysts still see buying opportunities in stocks like Tesla and Etsy. Morgan Stanley has set Tesla’s 12-month price target at $345 per share, a 71% upside, while Morningstar has given Etsy a target of $140 per share, implying 100% upside. 1. Tesla reported disappointing Q4 financial results, missing estimates with revenue up 3% and non-GAAP net income down 39%. However, silver linings include potential price rebounds, new vehicle platform investments, and FSD software and robotaxi services, projecting annual sales growth of over 20% through 2030. 2. Etsy reported mixed Q4 results with GMS down 1% but revenue up 4%. The company expects GMS to return to growth in Q2 due to AI search improvements and brand marketing, positioning itself well to benefit from the growing e-commerce market and potential revenue growth reaching double digits by 2025.



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