1 AI Stock to Buy Before It Soars 150%, According to a Wall Street Analyst (Hint: Not Micron or Sandisk)
The AI boom is expanding beyond semiconductor companies; Shopify is an early leader in agentic commerce.
Overview
Memory chip makers Micron and Sandisk are two of the hottest artificial intelligence stocks on the market, with shares gaining 720% and 3,200%, respectively, in the past year. But Shopify (NASDAQ: SHOP) is also leaning into the AI revolution, and Wall Street thinks the stock is undervalued.
Among 55 analysts, Shopify has a median target price of $150 per share, implying 32% upside from its current share price of $113. But Keith Weiss at Morgan Stanley is among the most optimistic analysts; he recently set Shopify with a bull-case target price of $287 per share, implying about 150% upside from its current price.
Details
Here's what investors should know.
Source
Originally published at www.fool.com.