Here’s Why The RealReal, Inc. (REAL) Is Skyrocketing

We recently compiled a list of the Why These 24 Stocks Are Skyrocketing. In this article, we are going to take a look at where The RealReal, Inc. (NASDAQ:REAL) stands against the other stocks.

One of the strongest stock market anomalies is the momentum effect, which is the tendency of recent past winners to outperform the recent past losers. That’s why we decided to take a look at some of the recent past winners in this article. These 24 companies, predominantly involved in the quantum computing, biotechnology, and technology sectors, have performed significantly well in the final quarter of 2024, registering spectacular returns over the 3 months.

That said, let’s take a look at the top 24 stocks that have skyrocketed and pose a solid growth opportunity in the coming year. We will also explore how well the stocks have performed throughout the year and what they have in store for 2025.

To come up with 24 names, we considered only the stocks that have at least $2 billion in market capitalization and have registered commendable returns in the fourth quarter of 2024.

A smiling customer examining a finely crafted luxury watch in a specialty store.

The RealReal, Inc. (NASDAQ:REAL)

Q4 Returns as of December 31, 2024: 248%

In the fourth quarter of 2024, REAL’s stock price returned nearly 248.1%. Aligning with investor expectations, analyst firm Northland Capital Markets raised its price target to $12.5 from $6.5, and Wells Fargo raised its price target for REAL from $4 to $15.

The online marketplace for clothing also delivered solid financial results in the previous quarter, contributing to the positive investor outlook. In 2023, REAL generated $1.7 billion in gross merchandise value and as of September 30, 2024, the company boasts a growing community of 37 million members.

The average consumer in the United States has been showing resilience. REAL is expected to pose a solid growth opportunity in 2025, which is evident from its growing revenue, generating $148 million in Q3 2023, growing by 11% year-over-year.

Overall REAL ranks 12th on our list of the stocks that are skyrocketing right now. While we acknowledge the potential of REAL as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than REAL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. This article is originally published at Insider Monkey.