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

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1. FTAI Aviation Ltd. (NASDAQ:FTAI)

FTAI Aviation Ltd. is the acquirer, owner, and seller of aviation equipment for the transportation of people and goods. The company operates through Aviation Leasing and Aerospace Products segments.

The highest Wall Street price target for FTAI is $300, a 207% upside from current levels. The stock has lost one-third of its value in just three weeks, so a lot of the current negativity in the market is priced in. We use this opportunity to focus on the positives.

FTAI is a unique play because unlike other aviation stocks, it doesn’t make many new products. Instead, it focuses on adding value to existing aircraft and extending the remaining life of engines that have already been used a lot. In other words, it buys used engines and determines how best to make the most of them, on an engine by engine basis. This is also what makes it hard to value the business, since the economic value of each engine to FTAI cannot be pre-determined by analysts.

This complexity is exactly what brings us the opportunity to invest in a stock that Wall Street believes could triple from here. Would investors want to miss out on such an opportunity amid broader market turmoil?

FTAI is not on our latest list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 54 hedge fund portfolios held FTAI at the end of the fourth quarter, which was 41 in the previous quarter. While we acknowledge the potential of FTAI as a leading investment, our conviction lies in the belief that some 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 as promising as FTAI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

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