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2 Soaring Growth Stocks Defy Market Weakness, Analysts Predict Further Gains
2 Soaring Growth Stocks Defy Market Weakness, Analysts Predict Further Gains
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BTCCSquare news:
August opened with a 1.6% drop in benchmark indices as weak jobs data and potential import tax uncertainties rattled markets. Yet O'Reilly Automotive (ORLY) and Genius Sports (GENI) surged against the tide, posting 35% and undisclosed gains respectively since late 2024.
Wall Street sees 15-20% upside remaining for both stocks. O'Reilly's 6,000-store automotive aftermarket dominance delivers supplier pricing power, while Genius Sports benefits from untapped data monetization in sports betting. CITI's Steven Zaccone recently raised O'Reilly's price target to $114, citing scaled distribution advantages.
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