Analysts see potential in Grab Holdings as a promising penny stock with a 44.47% upside
From Yahoo Finance: 2025-04-18 17:39:00
- Solus’ Dan Greenhaus and Invesco’s Brian Levitt discussed tariffs and market uncertainty on CNBC’s ‘Closing Bell’. Greenhaus believes worst-case scenarios are priced in, citing recent events like auto part import exemptions. Levitt warns of potential downside risks if uncertainty persists, comparing it to the market turmoil in 2018.
- Grab Holdings Limited (NASDAQ:GRAB), a superapp provider in multiple countries, has an average upside potential of 44.47%. Citi analyst Alicia Yap maintains a Buy rating with a price target of $6.25. Grab focuses on cross-selling within its ecosystem, resulting in increased on-demand Gross Merchandise Value (GMV).
- Grab Holdings Ltd. (NASDAQ:GRAB) ranks 10th on the list of promising penny stocks. Despite its growth potential, AI stocks may offer higher returns in a shorter timeframe. Consider exploring undervalued AI stocks for potential massive gains.
Read more at Yahoo Finance: Is Grab Holdings (GRAB) the Most Promising Penny Stock According to Analysts?