PYPL - Wall Street Says the S&P 500 Can Move Higher: 2 No-Brainer Growth Stocks to Buy With $100 Right Now
2023-11-19 08:00:00 ET
The S&P 500 just snapped a streak of three consecutive quarters of earnings declines, and Wall Street analysts expect profit growth to accelerate through 2025. That catalyst could send the S&P 500 steadily higher, as evidenced by its consensus price target of 5,038, which implies 12% upside over the next year.
In the meantime, investors should take a look at PayPal Holdings (NASDAQ: PYPL) and Etsy (NASDAQ: ETSY) . Both stocks are priced below $100 per share, so neither will break the bank, and they trade at attractive valuations relative to their future growth prospects.
In short, they're bargains right now, and both could soar as the S&P 500 moves higher in the coming years.
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Wall Street Says the S&P 500 Can Move Higher: 2 No-Brainer Growth Stocks to Buy With $100 Right Now