3 Phenomenal Stocks That Could Double in 2025
Pinpointing stocks that can double in a year is difficult. These stocks are usually undervalued and need a significant news story to boost them. However, there are three stocks that have the potential to double in 2025 if everything goes right.
The three stocks are Super Micro Computer (NASDAQ: SMCI), PayPal (NASDAQ: PYPL), and MercadoLibre (NASDAQ: MELI). While there's no guarantee these stocks will double, all three have significant upside.
Super Micro Computer took investors for a massive roller-coaster ride in 2024. It started the year off hot, rising more than 300% in three months, but then had a tumultuous nine months following that, as it was accused of accounting fraud. Toward the back half of the year, an independent auditor found no wrongdoing by the company, which puts it back on the table as a potential investment.
Source Fool.com
Mercadolibre Inc Stock
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 2435 € there is a positive potential of 49.09% for Mercadolibre Inc compared to the current price of 1633.2 €.
