There’s a trio of stocks that have Wall Street analysts buzzing, and they’re not your run-of-the-mill picks. We’re talking about Liberty Broadband, U.K.’s BT Group, and JD Sports Fashion. These stocks are not just surviving but thriving, with significant jumps this year.
The Bull Case: Expecting Even More Growth
Despite their already impressive performance, the word on Wall Street is that these stocks have much more room to grow — possibly another 50% over the next year. How’s that for optimism? This isn’t just a gut feeling. CNBC Pro’s analysis of the MSCI World Index, which tracks about 1,500 companies, supports this bullish outlook.
Under the Microscope: Liberty Broadband
First up is Liberty Broadband. This telecommunications heavyweight is more than just a company — it’s a complex web of interests in Charter Communications, Comscore, and GCI. Currently trading at around $82, analysts see a bright future, with a potential 55% upside. Deutsche Bank, in particular, has its eye on Liberty, predicting a significant rise in value. The analysts at Deutsche Bank, Bryan Kraft and Benjamin Soff, are particularly intrigued by the potential restructuring of the company’s ownership, which could further boost its value.
BT Group: The Undervalued Gem
Across the pond, BT Group’s stock has already seen a 10% rise. But Morgan Stanley analysts, including Terence Tsui, believe the real story is BT’s broadband network arm, Openreach. With a target price suggesting a whopping 79% increase, they’re confident about BT’s growth prospects, especially given its current undervaluation.
JD Sports Fashion: The Dark Horse
Finally, there’s JD Sports Fashion. This sportswear retailer isn’t just about selling sneakers and tracksuits; it’s about strategic growth. With a 25% increase in share price this year, analysts predict a further 50% rise. What’s driving this optimism? Key developments like new distribution facilities in Derby and Heerlen are positioning JD Sports for major European market gains. Investec analyst Kate Calvert is particularly bullish, downplaying retail slowdown concerns and highlighting the company’s strong position for growth.
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