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2 Supercharged Growth Stocks to Buy Before They Soar as Much as 169% According to Select Wall Street Analysts

The Motley Fool
Summary
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78% Informative

The S&P 500 hit a record high this week , while the Nasdaq Composite is within striking distance of a new all-time high.

Despite the ongoing rally, there are still opportunities to be had, according to some veteran analysts.

Palantir Technologies ( NYSE : PLTR ) and Symbotic (NASDAQ: SYM ) are two supercharged growth stocks with additional upside of 169% .

Symbotic has been consistently free cash flow positive, which suggests it's on track for profitability.

Cantor Fitzgerald analyst Derek Soderberg maintained his overweight (buy) rating and $ 60 price target on the stock.

As with many high-growth stocks, Symbotic stock is a bit riskier, so any position should be sized appropriately.

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