When it comes to investing, it can be challenging to navigate the stock market with so many conflicting opinions out there. However, one valuable resource that investors can utilize is the insights of professional analysts. These analysts have a deep understanding of businesses and the stock market, so when there’s a strong consensus among them, it’s worth paying attention.
At Extreme Investor Network, we understand the importance of leveraging expert opinions to make informed investment decisions. That’s why we’ve identified three stocks that most analysts believe are worth buying and have the potential for significant upside. These stocks are Academy Sports and Outdoors (NASDAQ: ASO), Celsius Holdings (NASDAQ: CELH), and Nice (NASDAQ: NICE). Let’s take a closer look at each one:
### 1. Academy Sports and Outdoors
Analysts who cover Academy Sports and Outdoors are bullish on the stock, with 12 out of 16 recommending buying and the rest recommending holding. The average price target is around $66 per share, indicating a 25% upside potential. The company’s strategy of operating large sporting goods stores with high sales volume per location is poised for growth, with plans to open new stores in the coming years. Analysts believe that Academy Sports and Outdoors has strong potential for both sales and profit growth, making it a compelling investment opportunity.
### 2. Celsius Holdings
Celsius Holdings has garnered positive recommendations from the majority of analysts, with eight out of ten suggesting buying the stock. The consensus price target is nearly $91 per share, representing a 47% upside from its current trading price. Despite a recent slip in market share, Celsius Holdings is well-positioned in the energy drinks niche and has significant growth opportunities, particularly in international markets. Analysts view Celsius Holdings as a promising investment with substantial upside potential for investors.
### 3. Nice
Nice is a stock that all 16 prominent analysts unanimously agree is a buy. The average price target is $274 per share, implying a remarkable 57% upside from its current price. As an AI customer-service software company, Nice operates in a competitive market but has established a strong foothold, with 85 of the Fortune 100 companies as its customers. The company’s revenue and free cash flow growth projections are impressive, indicating a bright future for investors who choose to invest in Nice.
While these three stocks have significant upside potential, it’s essential for investors to conduct their own research and due diligence before making investment decisions. At Extreme Investor Network, we believe in providing our readers with valuable insights and information to help them navigate the complex world of finance and investing. Stay tuned for more updates and analysis on the latest investment opportunities in the market. Happy investing!