Analysts Highlight Three Stocks with Significant Upside Potential
Five-star Wall Street analysts have identified three stocks poised for substantial gains. ASML, the Dutch semiconductor equipment manufacturer, received a reiterated Buy rating from Susquehanna's Mehdi Hosseini, with a $1,150 price target suggesting 23% upside. The company's lithography machines remain critical for advanced chip production.
Ulta Beauty, the cosmetics retail chain, saw its price target raised to $653 by Canaccord Genuity's Susan Anderson, implying 20% upside. The firm continues to capitalize on strong demand in the beauty and personal care sector.
Applied Digital, a data center operator specializing in AI and cryptocurrency workloads, had its target nearly doubled to $41 by Needham's John Todaro. The 21% projected gain reflects growing institutional interest in high-performance computing infrastructure for emerging technologies.