Stocks like Microsoft offer 'double digit growth' ahead thanks to AI, Wall Street analysts say

The artificial intelligence wave continues to wash over Wall Street, with analysts naming a host of stocks this week that offer more upside. Analysts say these stocks have double-digit growth potential and investors should buy shares now.

Pro combed through Wall Street research to find stocks that are best positioned to gain from AI. They include: Microsoft, Wayfair, Pearson and Broadcom. Wayfair DA Davidson left a recent investor meeting with increased conviction in shares of online furniture and household goods retailer Wayfair, investment bank said recently. "We have a high degree of confidence in management's ability to achieve double digit top line growth and at least a 10% adj.

margin, in a normalized environment for the home category," analyst Tom Forte wrote. Davidson admitted that the home category is displaying some degree of uncertainty, but Forte says he has confidence in Wayfair management's ability to deliver. "This confidence comes from management's track record of setting and achieving its financial targets over the long-term," he added. Wayfair is a also long term beneficiary of AI, according to the firm.

margin, in a normalized environment for the home category. ... .This confidence comes from management's track record of setting and achieving its financial targets over the long-term. ... .there has been a lot of hype about the potential for AI to generate sales growth and margin expansion and we consider Wayfair to be one of the most technology proficient e-commerce companies in the market...

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Wall Street ticks higher as stocks worldwide climbStocks are ticking higher on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too.
Fonte: latimes - 🏆 11. / 82 Consulte Mais informação »

Stock market today: Wall Street climbs as stocks worldwide riseStocks are rising on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too. The S&P 500 was up 0.7% Thursday.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Auto Stocks Rise as UAW Strike Gets Reaction from Wall StreetGM, Ford, and Stellantis were off in premarket trading, but gained strength as the day wore on.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Dow's 217-point fall led by losses in Microsoft, Salesforce stocksBehind declines for shares of Microsoft and Salesforce, the Dow Jones Industrial Average is down Friday morning. Shares of Microsoft and Salesforce are...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Wall St opens lower as chip-equipment, auto stocks fall By ReutersWall St opens lower as chip-equipment, auto stocks fall
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Japanese stocks rise for second session as Hong Kong stocks gainAsia-Pacific stocks mostly rose Friday, Sept. 15, as the Hong Kong and Japanese markets climbed for the second session. Hong Kong stocks added, with the Hang...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »