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3 of Wall Street’s Favorite Stocks on Our Watchlist

3 of Wall Street’s Favorite Stocks on Our Watchlist

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

At StockStory, we look beyond the headlines with our independent analysis to determine whether these bullish calls are justified. Keeping that in mind, here are three stocks where Wall Street’s excitement appears well-founded.

Amazon (AMZN)

Consensus Price Target: $312.79 (27.6% implied return)

Founded by Jeff Bezos after quitting his stock-picking job at D.E. Shaw, Amazon (NASDAQ:AMZN) is the world’s largest…

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