- Analyst 12-month price targets are the educated guesstimates that many obsess over, and can result in wild short-term price swings.
- According to JPMorgan, 94% of 12-month returns are luck, which is why I never base investment decisions on 12-month price targets.
- However, on some coiled spring blue-chip bargains, analysts and I emphatically agree.
- THO, MRK, and VRTX are all blue chips that Wall Street expects to deliver 20% to 40% gains in the next 12 months.
- These blue-chips are 20% to 40% undervalued, with 28% to 67% total return upside potential to fair value. And all three could double or even triple your money in the next five years.
For further details see:
3 Blue-Chip Bargains That Could Soar 20+% In The Next Year