INMD - 2 Growth Stocks Wall Street Thinks Can Soar More Than 30%
If you're picking stocks to buy for your portfolio, you can save some time by looking at ones that Wall Street analysts are already bullish on currently. Analysts spend a lot of time examining a company's financials, and while you shouldn't rely entirely on their findings, they can help steer you toward undervalued stocks that may be good buys.
Two stocks that Wall Street analysts think can deliver returns of around 30% or more right now include InMode (NASDAQ: INMD) and Alphabet (NASDAQ: GOOG) . Here's a closer look at these growth stocks and whether you should consider adding them to your portfolio today.
InMode is an Israel-based company that provides contouring and remodeling treatments to help people improve the look of their bodies. It can be an easy way for consumers to fix unappealing imperfections and it's a more convenient option than cosmetic surgery. But what was unattractive for investors last year was the stock's performance: InMode lost nearly half of its value in 2022.
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2 Growth Stocks Wall Street Thinks Can Soar More Than 30%