Chipotle’s newest food is anti-carb and will cost you an extra $ 2

Chipotle's newest food is anti-carb and will cost you an extra $ 2

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3 “strong buy” stocks are set for explosive growth in 2021

We folded a new page in the calendar, Old Man ’20 outside, and there’s a feeling that ’21 will be a good year – and so far, so good. Markets closed 2020 with modest gains in the session to curb the largest annual gains. The S&P 500 is up 16% during the year of the Corona crisis, while the NASDAQ, with its technology heavyweight representation, showed a staggering annual gain of nearly 43%. The emergence of two viable vaccines for COVID has heightened public optimism, as top Wall Street analysts have been catching their eyes on stock markets, finding those gems that investors should seriously consider in this new year. These are TipRanks’ 5-star analysts, and they refer to stocks with Strong Buy ratings – in short, this is where investors can expect stocks to grow over the next 12 months. We’re talking about returns of at least 70% over the next 12 months, according to analysts. ElectraMeccanica (SOLO) Electric vehicles are becoming increasingly popular as consumers look for alternatives to the traditional internal combustion gasoline engine. While electric vehicles simply move the combustion source from under the hood to the electric power plant, they offer real advantages to drivers: they provide greater acceleration, greater torque, are more energy-efficient, and shift up to 60% of their battery power forward. These advantages, as electric vehicle technology improved, began to outweigh the shorter-range disadvantages and expensive battery packs. EltraMeccanica, the small hood manufacturer from British Columbia, is the designer and marketer of Solo, a single seat, three wheeler EV designed for the urban transportation market. Technically, the Solo is classified as an electric motorcycle – but completely enclosed, with a door on both sides, it features a trunk, air conditioning, and Bluetooth connectivity, and travels up to 100 miles on a single charge at speeds of up to 80 miles per hour. Recharge time is low, less than 3 hours, and the vehicle is priced under $ 20,000, starting in the third quarter of 2020, the company has delivered its first shipment of vehicles to the United States, and expanded to six additional US urban markets, including San Diego. , California, Scottsdale and Glendale, Arizona. ElectraMeccanica has also opened four new storefronts in the United States – 2 in Los Angeles, one in Scottsdale and one in Portland, Oregon. In addition, the company has begun designing and marketing a fleet version of Solo, targeting the commercial fleet and car rental markets beginning in the first half of this year, and Craig Irwin, a five-star analyst at Ruth Capital, was impressed with this. Potential applications of SOLO in the fleet market. He writes about this opening, “We believe the pandemic is a tailwind for fast food chains exploring better delivery options. Chains are looking to avoid third-party delivery costs and balance the effects of operator brand identity versus company-owned vehicles. SOLO’s 100-mile range, cost Low operating, and sexually transmitted information technologies make the vehicle a well-suited vehicle, in our view, especially when location data can be integrated into the chain’s kitchen software. We wouldn’t be surprised if SOLO makes two ads with major chains after customers verify that the plans are correct. ”Irwin puts it. A buy rating on SOLO, backed by its $ 12.25 target price indicating a potential 98% rise in the stock in 2021. (To watch) Irwin Score, click here) speculative technology is popular on Wall Street, and ElectraMeccanica fits the bill well. The company has 3 recent reviews, all of which are in purchases, which makes the analysts unanimous in a strong buy. The shares are priced at $ 6.19 and have a median target of $ 9.58, making the one-year rally of 55%. (See SOLO stock analysis on TipRanks) Nautilus Group (NLS) headquartered in Washington state, this fitness equipment maker saw massive gains in inventory in 2020, with its shares climbing more than 900% over the year, even with an account Recent falls in stock value. Nautilus has gained as social lockdown and gym closures take hold in the name of stopping or slowing the spread of COVID-19. The company, which owns major home fitness brands like the Bowflex, Schwinn and Nautilus of the same name, has offered home fitness buffs the equipment they need to stay in shape. Because of “Corona recession”. In the second quarter, the top line was $ 114 million, up 22 percent over the previous quarter; In the third quarter, revenue was $ 155, a gain of 35 percent sequentially and a whopping 151 percent gain year over year. The gains were equally strong, with third-quarter earnings per share of $ 1.04 well above last year’s quarter loss of 30 cents. This stock is watched by Lake Street Capital analyst Mark Smith, who is optimistic about the stock. Smith is particularly aware of the recent drop in the share price, indicating that the stock is now far from its peak – which makes it attractive to investors. “Nautilus has reported blowout results for the third quarter: 20 with strength across its portfolio … We believe the company has orders and backlog to increase sales and profits for the next several quarters and we believe we’ve seen a fundamental shift in the exercise of consumers’ in-home behavior. ”Smith said:“ We’ll look at the recent downturn. As a buying opportunity. ”Smith’s $ 40 target price supports his buy rating, indicating a strong 120% potential for one year. (To see Smith’s track record, click here) The Strong Buy consensus rating shows that Wall Street agrees with Smith on potential Nautilus Inc. The stock has 4 recent reviews, all for purchase. Shares closed in 2020 at $ 18.14, and an average target of $ 30.25 indicates that the stock has room for nearly 67% upward growth in 2021. (See NLS stock analysis on TipRanks) KAR Auction Services (KAR) last but not least is KAR Auction Services, an auto auction company, that operates on the Internet and physical markets to connect buyers and sellers.KAR sells to both commercial buyers and individual consumers, offering vehicles for a variety of uses: a For commercial fleets, private travel, and even a second parts market. In 2019, the last year for which full-year figures are available, KAR sold 3.7 million cars for $ 2.8 billion in total auction revenue. The ongoing Corona crisis, combined with social lockdown policies, has hindered car travel and reduced the demand for used cars. Vehicles across market segments. KAR shares are down 13% in 2020, in a year of choppy trading. In its latest report for the third quarter of 2020, the company showed revenue of $ 593.6 million, down more than 15% year-on-year. However, third-quarter earnings declined at 23 cents per earnings per share, up 11% year-over-year, and showed a chain-induced recovery from the second-quarter loss of earnings per share of 25 cents. With lockdowns and domestic travel restrictions lifted, the medium to long-term outlook for the used car market and KAR auctions is looking brighter, according to Truist analyst Stephanie Benjamin. The five-star analyst noted, “Our estimates now assume that volume recovery occurs in 2021 versus the fourth quarter of 2020 according to our previous estimates … In general, we believe that the results for the third quarter reflect that KAR is doing well with the initiatives under its control, specifically Optimizing the cost structure and switching to a pure digital auction model, adding that, looking ahead, “… delays and defaults on auto loans and leases have increased and we believe they will be a meaningful backwind in 2021 with the resumption of repurchase activity. Additionally, buyback vehicles generally require additional services that should increase RPU. This flow of supplies should also help to smooth out the pricing environment used and push merchants to fill their shares, which remains at their lowest for three years from an inventory standpoint. In line with these comments, Benjamin set a $ 32 price target, meaning a 71% increase in the probability of a one-year rally in the stock, and the KAR is categorized as a buy. (To see Benjamin’s record, click here) Wall Street is generally ready to speculate on the future of KAR, as shown. In recent reviews, which split 5 into 1 buy to hold, analysts have unanimously made a strong buy. The KAR is selling for $ 18.61, the $ 24.60 average target price indicates it has room for 32% growth from that level. (See Analysis KAR Stock at TipRanks) To find good stock trading ideas with attractive valuations, visit Best Stocks to Buy from TipRanks, a newly launched tool that unites all the stock insights for TipRanks. Disclaimer: The opinions in this article are only those featured analysts. It is intended to be used for informational purposes only.It is very important to do your own analysis before making any investment.

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