Want a 101% to 130% Return? Try These Growth Stocks, Says Wall Street

·4-min read
Want a 101% to 130% Return? Try These Growth Stocks, Says Wall Street

After coming off a miserable 2022 for the stock market, where the Nasdaq-100 technology index plunged by 33%, Wall Street analysts understandably entered this year with a cautious stance. Here's why two Wall Street firms are betting Uber Technologies (NYSE: UBER) and Peloton Interactive (NASDAQ: PTON) could more than double over the next 12 months. The number of monthly customers using Uber had crashed to 93 million by the end of 2020, from 111 million in 2019.