The new year can be a time of optimism, and many investors may be on the hunt for the next big winner to add to their portfolios. One rarified group of outperformers are the "tenbaggers," or a stock that has delivered a total return that is 10-times its initial price over a given period of time. With inflation and interest rates at high levels, and many economists predicting a U.S. recession in 2023, it makes sense that investors may be cautious of high-growth plays.
Additionally, Wall Street analysts are bullish on the stocks, with price target upside of 10% or more and long-term earnings growth estimates of at least 20%. Enphase Energy , which went public in 2012, is the clear standout on the list. The stock has returned more than 10,000% over the past decade, and Wall Street sees long-term earnings growth of more than 60%. The stock has also been resilient.
The CNBC criminal boiler room strikes again
Urgent relief is here before it's too late to save the girl
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »
Source: wrtv - 🏆 598. / 51 Read more »