3 Strong Stocks for The New Year – Week of 12/10

As we usher in a new year filled with promise and potential, investors are keenly eyeing opportunities to bolster their portfolios and capitalize on emerging market trends. Navigating the ever-evolving landscape of the stock market requires a strategic approach, and identifying strong stocks with the potential for robust growth is paramount. Today we’ll look at three standout stocks Wall Street analysts believe are poised to thrive in the coming year.

Here are three of Wall Street’s top stock picks for the new year –

Pacific Biosciences of California, Inc. – SYM: PACB
Recent Price: $7.84
Price Target: $11.80
Firms with Buy Rating: TD Cowen, Goldman Sachs, UBS
Description: Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company was formerly known as Nanofluidics, Inc. and changed its name to Pacific Biosciences of California, Inc. in 2005. Pacific Biosciences of California, Inc. was incorporated in 2000 and is headquartered in Menlo Park, California.

===
The next 6 months could cost you everything

“Safe” investors who don’t get out of cash now could lose everything over the next six months. For the first time that I’ve ever heard of…a bubble is about to burst on a schedule. Yes, we know the date when everything is going to change in the financial markets. As usual, the rich and elite are already way ahead of this. The good news is, there’s a simple 3-step process to insulating yourself from this bubble.

To find out when the bubble is going to pop and how to get ahead of it, watch the FREE video here.
===

Dave & Buster’s Entertainment, Inc. – SYM: PLAY
Recent Price: $46.28
Price Target: $55.00
Firms with Buy Rating: Piper Sandler, Jefferies, Truist Financial
Description: Dave & Buster’s Entertainment, Inc. owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of entrées and appetizers, as well as a selection of alcoholic and non-alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events. The company operates its venues under the Dave & Buster’s name. The company was founded in 1982 and is headquartered in Coppell, Texas.

===
THE INCREDIBLE AI STORY NO ONE’S TELLING

Elon’s new AI venture promises to create 10 TIMES MORE American millionaires than Tesla did…

Here’s the backdoor way to play Musk’s private AI startup…
===

Envestnet, Inc. – SYM: ENV
Recent Price: $43.65
Price Target: $59.60
Firms with Buy Rating: Raymond James, D.A. Davidson, JMP Securities
Description: Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through Envestnet Wealth Solutions and Envestnet Data & Analytics segments. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry. This segment also provides Envestnet | Retirement Solutions, which provides a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that offer research and consulting services to assist advisors in creating investment solutions for their clients, and portfolio overlay and tax optimization services. The Envestnet Data & Analytics segment provides Envestnet Data & Analytics, a data aggregation, data intelligence, and experiences platform that enables consumers to aggregate financial accounts within client applications, as well as provides clients the functionality to gather, refine, and aggregate various sets of consumer permissioned data for use in financial applications, reports, market research analysis, and application programming interfaces. The company serves retail banks, credit unions, credit card providers, wealth management financial advisors and institutions, research and analyst firms, personal financial management, small business accounting, e-commerce, payment solutions providers, small business lending, and authentication customers. Envestnet, Inc. was founded in 1999 and is headquartered in Berwyn, Pennsylvania.