Top 10 Beaten Down Large Cap Stocks That Can Double According To Wall Street

5. SharkNinja, Inc. (NYSE:SN)

SharkNinja is the seller of various household products through online and brick and mortar stores. The company’s stock has been sliding downwards since the earnings report last month, but there are reasons to believe things could reverse later this year.

To start with, the highest Wall Street target of $175 implies the stock could double in 2025. A 30% YoY sales growth in Q4 won’t be repeated this year, but an 11% growth is on the cards in 2025 when the company launches 25 new products during the year. Products like CryoGlow, a skin care device, and the SLUSHI frozen drink maker have helped the company expand its market and portfolio.

Increasing supply chain costs are likely to dampen the first quarter performance, which is why the stock is taking a hit since the earnings. However, margin expansion from Q2 onwards could see the company perform well through the latter half of the year.