3 Turnaround Stocks You'll Regret Not Buying in 2024
After an encouraging rally to end 2023, the major indexes continued their winning streak in the new year. The Nasdaq Composite is just a couple of percentage points from setting new highs, up 36% over the past 12 months.
Amazon (NASDAQ: AMZN), Roku (NASDAQ: ROKU), and Alibaba (NYSE: BABA) are leaders in their respective markets spanning e-commerce, cloud services, and entertainment. These companies are reporting improving business results, but their share prices still trade at discounts from their previous peak.
Here's why these three turnaround stocks offer investors significant upside over the next few years.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€78.50
-1.130%
With 42 Buy predictions and 2 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 109 € shows a positive potential of 38.85% compared to the current price of 78.5 € for Alibaba Group Holding Ltd ADR.
