Investors have a clear task: to find the stocks that will rise as the bull market approaches. Past performance, of course, is not a guarantee of future gains, but stocks that have grown rapidly in recent months are a logical place to start looking for future winners. There are concerns, of course, centering on a newly-Democratic-controlled US Senate that will give the incoming Biden administration a chance to implement his plan to raise taxes, and weak jobs numbers in December; Will they challenge to derail the market’s strong uptrend? Not that fast, according to Jonathan Golub of Credit Suisse. The company’s chief US stock analyst raised his forecast for the end of 2021, increasing it from 4,050 to 4,200, and Golub points out first that the Democratic candidates won the two Georgia Senate seats in the most recent run-off election, a development that gives effective Democrats control – albeit less Possible margins – on both houses of Congress. The incoming Biden administration has pledged to sign an intensified coronavirus relief package and reverse President Trump’s policies. Control of Congress is a necessary precondition. “This should lead to additional stimulus, including expanding payments to individuals,” said Golub. The second point that Golub observes as a major supportive event to markets is the Coronavirus Vaccination Program. While describing the program’s slow progress as “disappointing,” he adds that as the number of vaccinated individuals grows, economic activity will expand. The main economic impact of the lockdown policies, in Golub’s view, is a “potential collapse of pent-up consumer demand.” [which] Cannot be ignored. Describing this demand, Golub says, “We will have the biggest catalytic event in the history of the planet in the second half of this year …” the strategist now sees – before take off in the second half – to buy. This brings us back to stock growth. We’ve used the TipRanks database. To identify three exciting growth names, according to the community of analysts. Each analyst-backed indicator is expected to yield further gains in addition to its already impressive growth.Innovative Industrial Characteristics (IIPR) The increasing normalization of the cannabis industry in the United States has opened up a host of opportunities for forward-looking companies. Innovative industrial properties are one of these. This company is a real estate investment trust with a twist – it focuses on real estate in the hemp sector for medical use. Like most REITs, IIPR acquires, owns, manages and leases properties – but its target client base is made up of expertise, state Licensed, medical cannabis workers.The company’s portfolio consists of industrial greenhouses, rented out as growing facilities for medical cannabis providers, and the value of this place is evidenced by the stock performance.Indeed stocks have risen 137% over the past 52 weeks. The financial settlement is identical to the performance of the shares; Revenue has been steadily gaining, on a quarterly basis, for the past two years, and in the third quarter of last year, it was $ 34.33 million. That was a 197% year-over-year gain. There was a slight drop in earnings in the first and second quarters of 2020, during the height of the coronavirus panic, but the company’s Q3 EPS reversed that, rising 86 cents by 59% year-over-year. Piper Sandler analyst Daniel Santos says that momentum is growing in the cannabis industry, especially now that the Senate has shifted to Democratic control. “COVID has created its own backwinds as countries race to fill budget gaps with alternative tax sources. While this could lead to a more liberal licensing, the administration seemed confident that most states would opt for a limited licensing program and favor the existing operators – a big push for IIPR … . Strong operator fundamentals and demand from institutional investors may lead to an increase in the pace of acquisitions, “Santos notes. Santos rated IIPR on overweight (no buy), and its $ 250 price target means a 40% gain for the next 12 months. (To view Santos’ record, click here) Overall, IIPR has 7 recent reviews recorded, divided into 5 purchases and 2 bookings, giving the stock a moderate buying analyst consensus rating. Shares have risen rapidly recently, and are now trading at $ 178.44. (See IIPR stock analysis on TipRanks) Par Technology Corporation (PAR) Par Technology provides hospitality industry support, software and hardware availability, support services and other resources. PAR’s apps include POS software, content management, business intelligence, food sa fety monitoring, sales terminals, and video displays: PAR’s restaurant segment boasts operations in 110 countries, with over 100,000 users. The company also includes a government services sector, with providing computer-based engineering and system design services to the federal government. PAR is an important contractor for such services with the Department of Defense, and the growth of this company has been impressive in the past year. The 52-week gain is at 103%, reflecting the necessity for robust online support for PAR’s target customer base as it works to recover from the COVID downturn. Third-quarter 2020 revenue recovered from a modest decline in the first half of the year, to $ 54.8 million, reaching its highest level in two years. Among the fans is BTIG analyst Mark Palmer, who wrote: “While we expect restaurant and retail revenue at PAR to grow by about 20% each of the next three years, we expect the Brink software business to grow annually in the context of 40% over that period … As PAR implements its move to cloud software / SaaS mode, its valuation should grow to better reflect the recurring nature of its subscription-based revenue and the margins associated with its software offerings. ”In line with his comments, the five-star analyst rated PAR a Buy with a $ 80 price target. This number indicates confidence in a 29% rise in the stock for a year. (To see a track record of Palmer, click here) PAR enjoys strong support from the rest of the street. With the exception of one contract, all four other analysts who have published a review over the past three months recommend that the stock PAR is a buy. (See PAR stock analysis on TipRanks) Maxlinear, Inc. (MXL) The semiconductor sector is a dynamic industry, and Maxlinear produces chips for a variety of roles: data center infrastructure, wireless networks, industrial connectivity, IoT applications, and more. Broadband cable and Wi-Fi 6 networks. Maxlinear products are found in digital televisions, portable devices, computers, and laptops. Semiconductors have been in rupture in recent months, and the MXL stock is no exception. Stocks have risen 81% since last January, and that timeframe includes sharp losses in February and March. The shift to remote work and virtual schools has increased the importance of fast and reliable communications, which in turn has increased demand for core segments. In the third quarter of 2020, Maxlinear’s top streak jumped to $ 156 million, an increase of 140% over the previous quarter and a gain of 95% year-over-year. The company attributes the strong demand for broadband and connectivity products beginning in the second quarter of 2020 as the engine for the gains. Soji De Silva, a 5-star analyst at Roth Capital, is unequivocally optimistic about the stock, and his comment makes it clear. “We believe MXL represents a distinct investment opportunity in broadband, RF networking, and mixed signal opportunities. We believe MXL is witnessing a strong ongoing demand for connected homes supported by work / continuous remote learning. We expect MXL Fundamentals to benefit from the increase in acquisitions in CY21,” he said. DeSilva. DeSilva is setting a $ 50 price target and buy rating on MXL stock. His target points to a one-year hike of 34%. (To see DeSilva’s record, click here) All in all, the word on Street is largely bullish on this chipmaker, with TipRanks analyzes showing MXL as a moderate buy. The stock has 7 recorded reviews, with a 5 to 2 split between purchases and reservations. (See MXL stock analysis at TipRanks) To find good ideas for trading growing stocks with attractive valuations, visit Best Stocks to Buy from TipRanks, a newly launched tool that unites all the stock insights for TipRanks. Disclaimer: The opinions expressed in this article are only those of featured analysts. The content is intended for informational use only. It is very important to do your analysis before making any investment.
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