Investors looking for potential opportunities in the stock market may want to pay attention to the insights of professional analysts. According to a recent analysis, three stocks – Academy Sports and Outdoors, Celsius Holdings, and Nice – have caught the attention of experts, with potential upsides ranging from 25% to 57%.
Academy Sports, a sporting goods retailer, has garnered the support of 12 out of 16 analysts tracked by TipRanks, who recommend buying the stock. With plans to open new stores and increase profit margins, analysts believe the stock could see a 25% increase in value over the next year.
Celsius Holdings, known for its popular energy drinks, has also received positive recommendations from analysts, with eight out of 10 suggesting buying the stock. Despite a recent slip in market share, analysts believe the company’s international growth potential could lead to a 47% increase in stock value.
Nice, a customer-service software company, has unanimous support from 16 analysts, who predict a 57% upside for the stock. With a focus on artificial intelligence and strong revenue growth projections, Nice presents a compelling investment opportunity.
While analysts provide valuable insights, investors are encouraged to conduct their own research before making investment decisions. Of the three stocks highlighted, Academy Sports stands out as a potential value play, with a cheap valuation and clear growth plans that could lead to significant upside over the next few years.
Ultimately, the decision on which stock to invest in will depend on individual risk tolerance and investment goals. However, these three stocks present compelling opportunities for investors looking to capitalize on potential market gains.