— Finance

Tech Shares Gain as Yields Dip; Turkish Lira Sinks: Markets Wrap

1 Mins read

3 Monster Growth Stocks With Potential for Further Gains

Investors want to see returns. To accomplish this goal, seasoned Wall Street observers often turn to one strategy time and time again: growth investing. A solid growth play is a name that appears poised to grow at an above-average rate and reward investors handsomely over the long run. Rolling up their sleeves, investors are pounding the Wall Street pavement in search of the tickers with impressive long-term growth prospects. However, having a target in mind is one thing, but zeroing in on these stocks primed for gains in the coming years is another story entirely. With this in mind, we suited up and set out on our hunt for investment opportunities with solid growth narratives. According to Wall Street’s analysts, using TipRanks’ Database, we were able to pinpoint 3 Buy-rated tickers that each boast considerable upside potential. Cowen Group (COWN) We’ll start with Cowen Group, a New York-based investment bank. Cowen offers investment management and broker-dealing services and is known as a risk-taker willing to move early into disruptive sectors; Cowen was an early booster of high-tech dot.com stocks, and more recently, in the cannabis sector. The bank’s primary operations are in the US and the UK. The bank’s recent share growth has been extreme; since this time last year, COWN shares have been up 534%. The share appreciation has pushed the company’s market cap over $1 billion and brought investors solid returns during the complex corona crisis. After a turndown in 1Q20, the company showed three consecutive quarters in a row of year-over-year revenue and earnings gains. Those gains were particularly impressive in Q2 and Q4; looking at 4Q20, the most recent report, Cowen posted a record quarterly net income of $90.5 million, by GAAP measures; full-year revenue was $209.6 million. The gains were driven by record performance in both the investment banking and the brokerage divisions. Cowen’s performance has impressed 5-star analyst Sumeet Mody of Piper Sandler, who writes: “We remain very positive on COWN following the strong results of 4Q20 earnings. After the firm’s sustained and elevated brokerage and banking activity throughout 2020, the outlook for earnings has meaningfully improved as banking pipelines remain robust, and brokerage activity has started the year strong…

683 posts

About author
Tristan McCue is a 26-year-old junior programmer who enjoys reading, binge-watching boxed sets, and appearing in the background on TV. He is smart and friendly, but can also be very evil and a bit lazy.He is an Australian Christian. He has a post-graduate degree in computing.
Articles
Related posts
— Finance

Acura Finance Customer Service - How to Contact Acura for a Complaint

7 Mins read
Acura Finance Customer Service – Have you ever had a question about your car that you could not find an answer to…
— Finance

How to Stop Eye Pain from Computer Use

4 Mins read
A study from the University of California San Francisco suggests reducing eye strain caused by looking at a computer screen. The findings…
— Finance

Dow Jones Futures: How To Handle The Market Rally; Elon Musk Ready To Sell 10% Of His Tesla Stock

1 Mins read
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally continued to press…
Get All Latest Blog Direct In Your Website

Leave a Reply

Your email address will not be published.