PATH - 2 Cheap Growth Stocks to Buy Before They Soar 175% and 495% According to Certain Wall Street Analysts
2024-06-28 07:45:32 ET
The S&P 500 has advanced 15% year to date and 42% since the beginning of 2023. Those gains have made it difficult to find bargains in the stock market, but certain Wall Street analysts see plenty of upside in UiPath (NYSE: PATH) and Block (NYSE: SQ) .
Spoiler alert: Both price targets appear overly ambitious, but UiPath and Block still warrant consideration. Here's what investors should know.
UiPath is the market leader in robotic process automation (RPA). Its platform helps businesses discover opportunities for automation with process mining and task mining tools. It also helps businesses build and manage software robots to automate those processes and tasks. Additionally, UiPath extends its RPA functionality with artificial intelligence (AI) capabilities like computer vision , natural language processing , and machine learning .
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2 Cheap Growth Stocks to Buy Before They Soar 175% and 495%, According to Certain Wall Street Analysts