Goldman has named the stocks with the most potential. One of them can grow up to 90%
Goldman Sachs presented its global equity ideas for December, highlighting the securities of five companies to which analysts give a potential upside of 70% or more, writes CNBC. Among them:
- AI chip maker for unmanned vehicles Horizon Robotics. Goldman estimates that China's Horizon Robotics could grow 84% thanks to a revamped product line designed to "meet the strong demand for intelligent driving" (i.e., the use of AI sensors, cameras, radar, and machine learning in driving to automate and optimize driving). Goldman Sachs' target price for the company's shares over the next 12 months is set at HK$15.3 ($1.97). Since the beginning of the year, Horizon Robotics shares are already up 133% relative to current levels.
Among the risks to the company's stock are stronger-than-expected competition or pricing pressure in the auto industry's supply chain, which Goldman said could stem from slowing demand. The company's results could also be affected if it fails to update its product line or attract enough new customers, analysts said.
- Taiwanese technology company Hon Hai. The growth of its shares, according to analysts, should be due to servers and smartphones based on artificial intelligence. The company's products include consumer electronics and cloud services. The growth potential, according to Goldman estimates, is 77%. Since the beginning of the year, Hon Hai securities have already grown by 25.5%.
Among the risks to the company's results, Goldman cites weaker-than-expected momentum in Hon Hai's AI server business and electric vehicle-related services. As well as slower expansion of global manufacturing capacity and "fiercer-than-expected" competition in consumer electronics.
- German online retailer Zalando. Analysts estimate the upside potential of the company's stock at 90%. They call Zalando a company "benefiting from a structural shift to online and retaining undervalued potential in its purchase of an online platform in the About You fashion segment." The deal was finalized earlier this year. Zalando shares have fallen 26% since the start of the year.
Risks for the company, according to analysts, remain investor concerns about possible "consumer caution in Europe" and potential disruptions related to artificial intelligence.
- Indian travel company MakeMyTrip. Goldman gives the stock a "buy" rating and sets a 12-month target price of $123 based on future cash flows, earnings multiples and possible value in the event of M&A deals. Investment Bank expects 72% upside from the stock. Shares of MakeMyTrip, which trades in the U.S., are down 34% since the beginning of the year.
Among the risks to the Indian travel company's securities, analysts cite "weaker-than-expected travel demand, increased competition, pressure on sales performance and sub-optimal capital allocation."
- UK-based fintech company Wise. Analysts call Wise "a long-term leader in international payments with best-in-class technology and infrastructure". Goldman estimates the growth potential of the company's securities at 70%. And all this - despite the fact that since the beginning of the year the value of fintech stocks has fallen by 19%. And overall, Wise lost 8.5% of its value from October through November after releasing results for the first half of fiscal 2026. Nevertheless, analysts point out that the company is "investing for future growth" and maintain a positive view on its sustainable structural development.
This article was AI-translated and verified by a human editor
