After new record, these are the stocks Wall Street thinks will lead the next market leg higher

CNBC screened the largest 50 companies in the S&P 500, and found which stocks have the most upside to their consensus 12-month price target set by analysts on Wall Street. In other words, these are the big U.S. stocks analysts believe will be up the most in the next one year.

Despite the recent underperformance of growth stocks, specifically the so-called FANG stocks, data shows Wall Street is bullish on a recovery in the group. Netflix, Facebook and Amazon are all expected to rally, and with such large market values, these stocks can certainly move the needle on the index.

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