Top Wall Street analysts favor these 3 stocks for their growth potential

Top Wall Street analysts favor these 3 stocks for their growth potential

Apr 28, 2024 by CNBC

Key Facts

  • He also anticipates that the company will benefit from its focus on advertising, given that $20 billion of linear TV ad dollars are expected to shift to connected TV (CTV)/online globally over the next three years, including $8 billion in the U.S.
  • It is worth noting that GM continues to expect its EV business’ variable profit to be positive in the second half of this year and generate a mid-single-digit earnings before interest and taxes margin in 2025.
  • Following a recent analysis on the U.S. total addressable market, Baird analyst David Tarantino said that there is upside to the company’s long-term target for the domestic market.
  • Further, BMO’s analysis indicates that there is potential for the estimated TAM to move higher over time, given the company’s continued growth in its most penetrated markets in recent years.

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