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Three Motley Fool contributors have highlighted Alibaba (NYSE: BABA), Lyft (NASDAQ: LYFT), and RH (NYSE: RH) as top stock picks, suggesting strong upside potential. Analysts expect Alibaba’s stock could rise by 39%, Lyft by 80%, and RH by up to 137% over the next 12-18 months.
Key Insights:
- Alibaba: Average 12-month price target of $162, indicating a 39% upside. The stock is priced at a forward earnings multiple of 11.7.
- Lyft: Recent buy rating from Tigress Financial set a 12-month price target at $28, representing an 80% upside. Q1 revenue rose 14% to $1.5 billion.
- RH: Target price is 24% higher than current, with a potential rise of 137% expected. Year-over-year revenue increases reported for four consecutive quarters, including a 12% rise in the latest quarter.
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