Top Growth Picks: 3 Low-Cost Stocks That Could Double in Value

Continuous Innovation Can Send HIMS Stock Higher

That bodes well for maintaining its subscriber base, which has grown at an annual rate above 60% in the last three years. Significant growth may be priced into the stock, but as long as the company continues to innovate, future growth may not be recognized.

Joby Aviation Is Well Capitalized But Can’t Afford Any Setbacks

After doubling in 2024, JOBY stock is down over 7% in January 2025. Some of that is due to concerns about insider selling in the last month. While this can be concerning, many of these transactions are planned in advance and are done independently of the share price.

Joby can’t afford any meaningful setbacks, but if they continue to move towards commercialization, analysts are likely to raise their price targets above the current consensus price target of $9.30, which is a 12% increase from the price on January 16.

Hudbay Minerals May Glitter Along With Gold

That may be too low. The company recently marked a significant milestone by producing one million ounces of gold at its Lalor mine in Manitoba, Canada. With uncertainty surrounding budget deficits in the United States, gold is expected to have another strong year in 2025.

As of January 16, 2025, HBM stock has been trading around its 50-day moving average. Investors will want to watch the stock closely before it reports earnings in February. If the stock builds momentum, a doubling over the next twelve months may be in play.

The article "Top Growth Picks: 3 Low-Cost Stocks That Could Double in Value" first appeared on MarketBeat.

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