The US stock market may be at an all-time high, but there are still stocks that could offer significant upside potential, according to Goldman Sachs.
Goldman ranked US stocks that possess the most upside potential, based on the percent difference between the stocks’ current prices and Goldman’s target price.
According to the firm’s ranking, shares of Mylan, the US pharmaceutical company, have the most upside potential followed by Range Resources, a natural gas company, and Envision Healthcare.
Amazon, the e-commerce retailer, also figured in the list, with an upside potential of 34.7% from its current price.
Below we list 13 US stocks with the most upside potential, according to Goldman Sachs.
1. Mylan
Ticker: MYL
Current price: $38.15
Target price: $55
Upside to target: +44.2%
Source: Goldman Sachs
2. Range Resources
Ticker: RRC
Current price: $34.36
Target price: $49
Upside to target: +42.6%
Source: Goldman Sachs
3. Envision Healthcare
Ticker: EVHC
Current price: $63.29
Target price: $90
Upside to target: +42.2%
Source: Goldman Sachs
4. Facebook
Ticker: FB
Current price: $115.05
Target price: $162
Upside to target: +40.8%
Source: Goldman Sachs
5. Ralph Lauren
Ticker: RL
Current price: $90.32
Target price: $127
Upside to target: +40.6%
Source: Goldman Sachs
6. Salesforce.com
Ticker: CRM
Current price: $68.46
Target price: $96
Upside to target: +40.2%
Source: Goldman Sachs
7. Regeneron Pharmaceuticals
Ticker: REGN
Current price: $367.09
Target price: $514
Upside to target: +40.0%
Source: Goldman Sachs
8. Pioneer Natural Resources
Ticker: PXD
Current price: $180.07
Target price: $252
Upside to target: +39.9%
Source: Goldman Sachs
9. Amgen
Ticker: AMGN
Current price: $146.21
Target price: $202
Upside to target: +38.2%
Source: Goldman Sachs
10. Noble Energy
Ticker: NBL
Current price: $38.06
Target price: $52
Upside to target: +36.6%
Source: Goldman Sachs
11. Amazon
Ticker: AMZN
Current price: $749.87
Target price: $1010
Upside to target: +34.7%
Source: Goldman Sachs
12. EOG Resources
Ticker: EOG
Current price: $101.10
Target price: $136
Upside to target: +34.5%
Source: Goldman Sachs
13. Southwestern Energy
Ticker: SWN
Current price: $10.82
Target price: $14.50
Upside to target: +34.0%
Source: Goldman Sachs
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