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3 Volatile Stocks That Analysts Love

3 Volatile Stocks That Analysts Love
Written by publishing team

Take the guesswork out of investing in volatile stocks by looking at stocks with a high upside

Traders love highly volatile stocks because they have the ability to cause large price swings quickly. Being on the right side of those trades sets them up for quick profits. But that doesn’t mean that long-term investors should avoid highly volatile stocks. In fact, highly volatile stocks can help generate some windfall gains.

However, this does not mean that investors should become experts in market timing. Believe me, market timing rarely works the way you would like it to. The best way to choose highly volatile stocks is to look for those stocks that are rated as buying by analysts. This will set you up for long-term success. And in this article, we introduce you to three volatile stocks with high upside potential.

1. Visa

Visa (NYSE:) is counted as a file. The company has achieved improvement numbers and profits in the past two quarters. However, investors may believe that Visa’s numbers were not as strong as hoped on a year-over-year basis.

The payment processing giant also suffered a setback Amazon (NASDAQ 🙂 has stopped accepting company credit cards as a payment method in the UK due to what it considers to be high transaction fees. The company’s decision to accept cryptocurrency payments (but not the reason) has been linked to a decline in several leading cryptocurrencies.

However, with the stock down 14% from its 52-week high, it may be time to consider buying V shares. One reason for this is that analysts gave the stock a 12-month price target of $271.44. Not only is this 25% up from its current price, but it’s 7% up from Visa’s 52-week high.

Visa stock has a neutral technical outlook at the moment. Investors may want to see how the stock performs heading into earnings in late January.

2. Suncor Energy

Conventional energy stocks have seen a strong rise this year. And looking at what it sounds like, 2022 is shaping up to be another strong year. Suncor Energy (NYSE:) is an integrated energy company in Canada that derives mostly from mining Canadian oil sands. Oil sands mines offer two benefits: they are relatively inexpensive to operate and have a long productive life.

Like many companies in the energy field, Suncor is taking steps to diversify its portfolio to include some clean energy initiatives, such as a wind farm and carbon capture technology.

Analysts give SU stock a consensus buy rating with a price target of $38.77 giving it a 55% increase over its current price. However, investors should also consider Suncor’s dividend, which has just returned to pre-pandemic levels and is now back in line with the energy sector.

3. Abvi

For the first 10 months of 2021, AbbVie Corporation (NYSE:) It was a disappointment to growth investors. But ABBV stock has come its way and closed the year on a strong note which could be a harbinger of the future in 2022.

Like many biopharma companies, AbbVie’s fortunes are largely tied to the company’s pipeline. who got an injection in the arm when treating active psoriatic arthritis. AbbVie has also applied to the European Commission for Skyrizi accreditation for the treatment of Crohn’s disease. If that works, that could be another catalyst for the stock.

In addition, AbbVie is a Dividend Aristocrat who is one year ashamed to join the Dividend Kings Club. This makes owning an ABBV stock a good way to hedge against inflation.

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