Want a 219% Return? Buy This Growth Stock, Says Wall Street

Despite the broad stock market indexes like the S&P 500 and Nasdaq 100 regularly trading near all-time highs, some individual technology stocks are lagging behind. For investors who are sitting on some cash, there are some enticing opportunities. (NYSE:AI) is a first-of-its-kind enterprise artificial intelligence (AI) developer, selling everything from ready-made solutions to custom-built applications to eight of the largest industries in the world. For companies that can’t develop AI in-house, bridges the gap.

Its stock currently trades at $38.25, and one Wall Street firm thinks it could soar 219% to $122. Here’s why.

Image source: Getty Images.

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Wall Street Loves These 3 Growth Stocks — Should You?

One of the core tenets of investing that people need to understand before they even begin to put money into stocks is that the market is not always rational. You can generally rely on certain principles to point you in the right direction, but there will be risk in any strategy since the share prices might move in ways that just don’t seem to make sense.

For example, meme stocks have become a feature of the market in 2021, which means that groups of individual small investors can foment excitement about a stock that doesn’t deserve your confidence and jack

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Abdul Samad Rabiu seeks public, private, finance institution partnership to fast-track Africa’s growth

Abdul Samad Rabiu, Founder/Executive Chairman of BUA Group has called for a three-way partnership between the African private sector, government and finance institutions to fast-track growth and development in Nigeria, and in Africa. According to Rabiu, who is the President of the France Nigeria Business Council, this partnership will identify sustainable solutions to the issues of infrastructure, climate and industrialization.

Speaking at the Nigeria International Partnership Forum in Paris, France, Abdul Samad Rabiu noted that despite the challenges occasioned by the global pandemic, African governments must work with the private sector across board to develop sustainable policies that will aid

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First Horizon won’t weaken standards to boost loan growth, CEO says

First Horizon CEO Bryan Jordan says he refuses to lower underwriting standards to match rivals’ loan growth, expressing optimism about credits in the works at the Memphis, Tennessee, company.

Loans grew by 1% at First Horizon in the third quarter compared with the prior quarter, excluding Paycheck Protection Program loans.

The $88.5 billion-asset company is looking to “protect the integrity of the balance sheet” by avoiding stretching its credit quality standards in a “very, very competitive” market, Jordan said Wednesday in response to an analyst’s comment that First Horizon’s loan growth was weaker than that of other Southern banks.


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Want 119% to 145% Returns? Try These Growth Stocks, Says Wall Street

If you’re an investor sitting on some cash, you might be finding 2021 a little frustrating. The benchmark S&P 500 index has marched higher with only small corrections along the way, making buying opportunities few and far between. 

But not all stocks are near all-time highs. Occasionally, Wall Street analysts reveal companies that the market is shunning right now, but could be big growth stories in the future. With 2021 coming to an end, it might be a good time to start positioning for that future right now. 

These two stocks have potential upside ranging from 119% to 145%, according

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Global stock markets unnerved by fears over growth

Equities updates

Global stocks recorded their worst week since June as fears of a slower economic rebound and a looming reduction in US stimulus weighed heavily on sentiment.

The FTSE All-World index fell 1.8 per cent this week, during which China has toughened data privacy rules on its fast-growing technology sector and countries such as Australia and New Zealand have implemented sudden lockdown measures due to coronavirus concerns.

In response investors have turned to haven assets such as the dollar, while selling commodities. The US

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Wall Street investment banks cut China growth forecasts

LONDON, Aug 9 (Reuters) – Wall Street banks Goldman Sachs (GS.N), JPMorgan (JPM.N) and Morgan Stanley (MS.N) all cut their China growth forecasts on Monday, after export growth slowed unexpectedly and on concerns that the resurgent coronavirus could crimp economic activity.

Chinese trade data released over the weekend undershot forecasts, while figures out on Monday showed inflation rising in the country’s factory sector, potentially adding extra strains. read more

JPMorgan reduced its quarter-on-quarter growth estimate for the third three months of the year to 2.0% from 4.3%, and trimmed its full-year forecast to 8.9% from 9.1%.

Morgan Stanley lowered its

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FG targets policies for stock market growth as capitalisation rises by N163bn | The Guardian Nigeria News

Nigerian Exchange Group (NGX)

Vice President, Professor Yemi Osinbajo has reiterated the resolve of the Federal Government to implement efficient policies that would enable the Nigerian Exchange Limited (NGX) and the capital market to reach greater heights and contribute more to the economy.

Osinbajo gave the assurance during a courtesy visit of the Management of the NGX, led by the Chief Executive Officer, Temi Popoola, to the State House in Abuja yesterday.

He urged the NGX to explore areas that can help deepen the capital market by venturing into emerging frontiers markets and tapping into growth opportunities waiting to be

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Wall Street stocks climb as traders look past weak growth data

Equities updates

Stocks on Wall Street rose on Thursday despite weaker than expected US growth data that cemented expectations that the Federal Reserve would maintain its pandemic-era stimulus that has supported financial markets for a year and a half.

The moves followed data showing US gross domestic product grew at an annualised rate of 6.5 per cent in the second quarter, missing the 8.5 per cent rise expected by economists polled by Reuters.

The S&P 500, the blue-chip US share index, closed 0.4 per cent

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Wall Street analysts see these risks causing a ‘growth scare’ for global markets

The bronze Charging Bull in the financial district of New York City.

Robert Nickelsberg | Getty Images

LONDON — With Covid-19 cases on the rise due to the surging delta variant and a range of macroeconomic shifts occurring, the global market narrative has moved from “goldilocks to growth scare,” according to Barclays.

In a research note Monday, the British lender suggested hedging remains warranted for investors given the swirling crowd of downside risks, but argued that the recent sharp reversal of the reflation trade was “overdone.”

“The combination of data no longer delivering positive surprises, burgeoning evidence that supply and

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