3 Turnaround Stocks With 148% to 195% Upside in 2023, According to Wall Street

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  • 3 Turnaround Stocks With 148% to 195% Upside in 2023, According to Wall Street

1. Wayfair Inc. (NYSE: W)

Wayfair is an online home goods retailer that sells furniture and home decor items. The company has seen strong growth due to its ability to offer customers a wide variety of products at competitive prices. Over the last year, the stock has seen a dramatic increase in value, rising from around $65 to over $200 per share. Analysts expect the stock to continue to climb in the coming years, with potential upside of 195% in 2023.

2. Okta Inc. (NASDAQ: OKTA)

Okta is a cloud-based identity and access management company that provides a secure platform to businesses. The company has seen strong growth in the past year and is expected to continue to benefit from the increased demand for secure cloud-based solutions. Wall Street analysts are expecting the stock to increase in value over the coming years, with potential upside of 148% in 2023.

3. Twilio Inc. (NYSE: TWLO)

Twilio is a cloud communications platform that enables customers to communicate through SMS, voice, chat, and video. The company has seen strong growth in recent years and is expected to continue to benefit from the increased demand for cloud-based communications solutions. Wall Street analysts are expecting the stock to increase in value over the coming years, with potential upside of 154% in 2023.