Amer Sports, Inc. (NYSE:AS) is highlighted as a stock under $50 to buy now, with an analyst raising the price target to $46 and reiterating a Buy rating. The company shows potential for substantial growth with durable growth levers and a long-term model projecting CAGR in the low double-digits to mid-teens.

With multiple growth projects, Amer Sports, Inc. (NYSE:AS) is positioned to achieve a five-year EPS CAGR of over 25% and FY30 EPS targets of over $2.50. The Finland-based provider of sports equipment operates through Technical Apparel, Outdoor Performance, and Ball & Racquet Sports segments.

While Amer Sports, Inc. (NYSE:AS) shows promise as an investment, certain AI stocks may offer greater upside potential. For those seeking an undervalued AI stock with potential benefits from Trump-era tariffs, consider exploring the best short-term AI stock.

Read more at Yahoo Finance: Why Truist Sees Long-Run Upside in Amer Sports, Inc. (AS)