![](https://www.newspostalk.com/wp-content/uploads/https://image.cnbcfm.com/api/v1/image/107320272-1697736485147-gettyimages-1734172012-omarques_19102023_TECHPOL-13.jpeg?v=1701703177&w=1920&h=1080)
![](https://www.newspostalk.com/wp-content/uploads/https://image.cnbcfm.com/api/v1/image/107320272-1697736485147-gettyimages-1734172012-omarques_19102023_TECHPOL-13.jpeg?v=1701703177&w=1920&h=1080)
[ad_1]
This year has seen stellar returns in a host of stocks that were crushed in 2022, and now Wall Street expects that momentum to continue in the months ahead. Stocks have recovered after aggressive rate hikes from the Federal Reserve and a rotation out of growth sectors last year brought the S & P 500 and Nasdaq Composite their worst yearly losses since 2008 . That bounce back stemmed in part from excitement around artificial intelligence, boosting shares of popular technology stocks . Consumer discretionary names also rebounded as spending stayed strong. As 2023 nears an end, CNBC Pro used its stock screening tool to search for stocks with a market capitalization above $10 billion that have doubled this year and that Wall Street believes have further room to appreciate, with analysts expecting at least 5% upside. Here are the companies that made the list: Given 2023’s enthusiasm around AI, it’s probably little surprise that both Nvidia and Meta Platforms met the criteria. Shares of Nvidia have more than tripled as investors bet on rising demand — and expanding uses — for the graphics processing units it makes that fuel many of AI’s large language models. Even after 2023’s run, analysts on average see another 37% upside ahead for Nvidia shares as the company continues to top analyst estimates . Meta Platforms has rallied nearly 170% as the social media company continues cutting costs and focusing on what it’s called a ” Year of Efficiency .” Meta too has bet on AI, earlier this year disclosing custom computer chips to assist with artificial intelligence and video processing tasks. The average analyst price target implies nearly 15% upside. META YTD mountain Meta Platforms’ stock year to date Applovin ‘s stock has seen the biggest gain in the group. Shares rallied more than 263%, with the average analyst’s price target implying another 33% upside. Under-the-radar AI play Super Micro Computer has surged almost as much, climbing more than 228% in 2023. The consensus price target forecasts another 34% potential upside in store. Royal Caribbean and Uber Technologies also made the cut, with shares up 124% and about 132%, respectively. Uber shares added more than 5% on Monday on news of its addition to the S & P 500.
[ad_2]
Source link
Batman138 Bro138 Dolar138 Gas138 Gudang138 Hoki99 Ligaciputra Panen77 Zeus138 Kilat77 Planet88 Gaspol168 Sikat88 Rupiah138 Garuda138 Gacor77 Roma77 Sensa138 Panen138 Slot138 Gaco88 Elanggame Candy99 Cair77 Max7 Best188 Space77 Sky77 Luxury777 Maxwin138 Bosswin168 Cocol88 Slot5000 Babe138 Luxury138 Jet77 Bonanza138 Bos88 Aquaslot Taktik88 Lord88 Indobet Slot69 Paus138 Tiktok88 Panengg Bingo4d Stars77 77dragon Warung168 Receh88 Online138 Tambang88 Asia77 Klik4d Bdslot88 Gajah138 Bigwin138 Markas138 Yuk69 Emas168 Key4d Harta138 Gopek178 Imbaslot Imbajp Deluna4d Luxury333 Pentaslot Luxury111 Cair77 Gboslot Pandora188 Olxtoto Slotvip Eslot Kuy138 Imbagacor Bimabet