3 Brilliant Stocks That Could Soar by 39% to 80%, According to Wall Street

Buying and holding quality stocks is one of the most efficient ways to build wealth

What's more, Wall Street analysts also see attractive upsides for these stocks based on their average price targets

Here's why these stocks are poised to soar

Image source: Getty Images

Intensifying competition in China's e-commerce market and regulatory uncertainty have weighed on the stock price over the past few years

But this could also spell significant upside for investors from here as the company continues to see strong demand in its cloud

The stock trades at a modest forward price-to-earnings multiple of 11. 7, indicating that investors are undervaluing its expected growth

Counterpart Amazon, is a very -centered

Alibaba also uses AI in its e-commerce to understand user behavior, make personalized duct suggestions, and manage supply chains

This makes it a formidable competitor, despite its recently weak revenue growth

However, consumer spending is back on the rise in its Taobao and Tmall marketplaces

Overall, Alibaba's revenue growth has accelerated sharply in recent quarters, and it's also reporting imving margins

Given the low earnings multiple the stock trades at today, Alibaba could not only reach Wall Street's average 12-month price target but potentially double in value within the next three to five years

S of the No. 2 ridesharing company in the U

However, while it plays second fiddle to Uber, Lyft has innovated with new features, recently made a smart new acquisition, and is building momentum

Lyft is in a much stronger position than it was a couple of years ago as the company is both dering solid growth and has turned fitable

Among the new ducts driving growth are price lock, which allows customers to lock in a price for a regular commute, Women+, which allows women riders and drivers to match with each other, and Lyft Silver, a service designed to fit the needs of seniors

Lyft also paved the way for its expansion into Europe by acquiring Freenow, a mobility company that's active in nine countries

Overall, Lyft looks poised to continue its double-digit percentage growth and ramp up its fitability, and the stock looks cheap at a price-to-sales ratio of around 1

It also has robust digital channels

However, its bigger ambition is to grow itself into a diversified global luxury brand, and it already operates several upscale restaurants and experiences, including rentable jets and yachts

While its target demographics are generally more resilient than the mass market, RH hasn't been immune to inflation and economic slowdowns

But even amid sagging sales in recent years, it has continued to launch new merchandise lines and open new galleries

Its next, in Paris, is set to open shortly on the Champs-Élysées

Meanwhile, performance at its U

In sum, the retailer seems to have turned a corner

It has reported year-over-year revenue increases for the past four quarters, including double-digit percentage increases for the past two quarters

Trading at the cheap valuation of 13 times forward 1-year earnings, RH stock could be a fitable pick right now for risk-tolerant investors

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors

Jennifer Saibil has no position in any of the stocks mentioned

Jeremy Bowman has positions in Amazon and RH

John Ballard has no position in any of the stocks mentioned

The Motley Fool has positions in and recommends Amazon and Uber nologies

The Motley Fool recommends Alibaba Group, Lyft, and RH

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