Forget the "Magnificent Seven" -- This Stock Has Nearly Quadrupled in 2024, and Wall Street Thinks It Can Go a Lot Higher
You've no doubt heard a lot about the "Magnificent Seven" stocks. Each stock in this group -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla -- delivered gains of 48% or more in 2023. Nvidia more than tripled, while Meta came close to doing so.
However, those performances pale in comparison to what one stock has done barely over two weeks into the new year. Forget the Magnificent Seven: Longboard Pharmaceuticals (NASDAQ: LBPH) has nearly quadrupled in 2024 -- and Wall Street thinks it can go a lot higher.
It's completely understandable if you've never heard of Longboard Pharmaceuticals. At the end of 2023, its market cap was only around $144 million. That's too small to be on the radar screens for most investors.
Source Fool.com
Meta Platforms Inc. Stock
With 12 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 15.22% for Meta Platforms Inc. compared to the current price of 433.95 €.