On the heels of last year's historic downturn, Wall Street has reason to rejoice in 2023. One of the more interesting developments in the stock market this year is the unequal distribution of gains. Here are two stocks investors should buy hand over fist before they soar 109% and 128% -- or more -- over the coming 12 to 18 months, according to select Wall Street analysts.
There are plenty of cheap companies around, but how do you find the great ones? 2 methods.
The S&P 500 has rallied 18.5%, while the more growth-oriented Nasdaq Composite index has soared 36%. Parkev Tatevosian: Surprisingly, PayPal (NASDAQ: PYPL) stock is down about 80% from its high in recent years. Sure, the company is facing challenges in the near term that warrant some concern, but I feel like a sell-off of this magnitude is a buying opportunity for long-term investors.