Best Performing Stocks Of the Week
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The Numbers: All major U.S. stock indexes were up this week as investors reacted positively to critical economic data releases, including the Consumer Price Index and Producer Price Index. The Breakdown: The S&P 500 was led by a climb in the Financial sector, while a decline in sales impacted the Consumer Staples sector. Stocks To Watch: Today’s Inside Business newsletter will discuss the top 10 stocks from this past week and how Wall Street analysts believe they will perform in the next 12 months. | |
Stock to Watch: Arrowhead Pharmaceuticals (NASDAQ: ARWR) - The stock has a week-to-date performance of 18.8%.
- 76.9% of analysts rate the stock as a Buy.
- The stock has an upside potential of 95.3% based on the average analyst price target.
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Stock to Watch: Syneos Health (NASDAQ: SYNH) - The stock has shown a week-to-date performance of 16.4%.
- Only 8.3% of analysts rate the stock as a Buy.
- The upside/downside to the average analyst's price target is -2.2%.
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Stock to Watch: LivePerson (NASDAQ: LPSN) - The stock has a week-to-date performance of 15.8%.
- No analysts rate the stock as a Buy.
- The stock has an upside potential of 4.5% based on the average analyst price target.
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Stock to Watch: Shockwave Medical (NASDAQ: SWAV) - The stock has a week-to-date performance of 15.7%.
- 66.7% of analysts rate the stock as a Buy.
- The stock has a downside potential of -1.4% based on the average analyst price target.
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Stock to Watch: Enphase Energy (NASDAQ: ENPH) - The stock has a week-to-date performance of 11.6%.
- 61% of analysts rate the stock as a Buy.
- The stock has an upside potential of 37.4% based on the average analyst price target.
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Stock to Watch: SunPower (NASDAQ: SPWR) - The stock has gained 11.3% week-to-date.
- Only 7.1% of analysts rate the stock a buy.
- The average analyst price target implies a 31.6% upside to the current price.
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Stock to Watch: Livent (NYSE: LTHM) - The stock has a week-to-date performance of 11.2%.
- 47.4% of analysts rate the stock as a Buy.
- The stock has an upside potential of 44.6% based on the average analyst price target.
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Stocks to Watch: GXO Logistics (NYSE: GXO) - The stock has gained 10.9% week-to-date.
- 82.4% of analysts rate the stock a buy.
- The average analyst price target implies a 13.5% upside to the current price.
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Stock to Watch: Bio-Techne (NASDAQ: TECH) - The stock has a week-to-date performance of 10.9%.
- 78.6% of analysts rate the stock as a Buy.
- The stock has an upside potential of 20.6% based on the average analyst price target.
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Stock to Watch: Pioneer Natural Resources (NYSE: PXD) - The stock has a week-to-date performance of 10.8%.
- 50% of analysts rate the stock as a Buy.
- The stock has an upside potential of 11.7% based on the average analyst price target.
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NOTE: Inside.com newsletter, event, and website content reflects the opinions of only the authors who are associated persons of Inside.com and do not reflect the views of Inside.com. This content is for informational purposes only, and is not a recommendation of an investment strategy or to buy or sell any security, digital asset (including cryptocurrency) in any account. The content is also not a research report and is not intended to serve as the basis for any investment decision. The content is not legal advice. Any third-party information provided therein does not reflect the views of Inside.com. All investments involve risk including the loss of principal, and past performance does not guarantee future results. | |
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| | Liam Gill is a lawyer who raised $250k with just an idea and turned it into a $35M tech startup. He now teaches entrepreneurs how to Pitch, Negotiate and Strategize so they can do the same. Let's Connect | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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