Top Wall Street analysts like these stocks for long-term upside – CNBC
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Source: NYSE
Earnings season is yet again upon us, with prominent names reporting this week. Volatility remains a focus for investors, and inflation has been continuing to compound pressure across all industries. The near-term uncertainty remains blurred, although long-term investing can often cut through the daily noise.
Let’s take a look at five stocks that analysts see performing well in the future.
Ebay
Rising inflation doesn’t hurt everyone equally, with those in lower socioeconomic strata and younger folk feeling the full force of impact. When a company is involved in e-commerce, it helps to have lower cost options in one’s offering. For eBay (EBAY), this comes in the form of refurbished and pre-owned product categories, an area which the firm is expected to expand.
Colin Sebastian of Robert W. Baird recently reported on the online marketplace and auction site, noting that in regards to inflation “eBay’s unique offering of pre-owned and value merchandise…
Read Full Story: https://www.cnbc.com/2022/04/24/top-wall-street-analysts-say-buy-alphabet-and-carvana.html
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