There was a point in the early days of Donald Trump’s presidency when the stock market looked set for a bull run. Bit by bit, the market digested geopolitical issues, trade wars, and recession fears. It looked like these were temporary concerns only.
We’re now less than two months into the presidential term and every consensus trade seems to be unravelling in front of our eyes. Investors are panicking and the state of the US economy looks fragile, with recession knocking on the door.
Investors operating in capital markets do not have the luxury of getting out of the market. No matter how the market behaves, they will still be here hunting for opportunities. That’s exactly what we do as well. As the market tanks, we decided to look at beaten down stocks that could comfortably outpace the market if bought after the current sell off.
To come up with our list of 10 beaten down large cap stocks that can double according to Wall Street, we considered stocks that have a market cap of at least $10 billion, have been hammered in the past week, and have a Wall Street price target that could see the stock double from current levels.
A team of airline employees surrounded by flight deck controls, with a variety of aircraft outside.
10. Grab Holdings Limited (NASDAQ:GRAB)
Grab Holdings Limited is a superapps provider company that operates in Singapore, Malaysia, Cambodia, Thailand, the Philippines, Vietnam, Myanmar, and Indonesia. The company’s stock is down 13% in a week, which provides an ideal opportunity to invest.
According to 26 different analyst ratings, GRAB has a highest target price of $8 which means it could double from the current levels if the bull thesis plays out. The median price target of $5.75 is still a 39% upside from current levels. The stock is currently trading 11% below the lowest Wall Street price target of $4.65!
Just a few weeks ago JP Morgan upgraded its stance on the stock from Neutral to Overweight. The investment bank believes the company’s 2025 guidance is conservative and going by the company’s track record of beating its own guidance, there is little downside at current depressed levels.
The bank’s analyst Ranjan Sharma believes the firm’s efforts to manage its costs will eventually result in cheaper services, which should propel its topline growth considering it operates in developing countries. The advertising segment is also anticipated to drive future growth, with customers already willing to spend more on the platform than in the same period last year.
9. Delta Air Lines, Inc. (NYSE:DAL)
Delta Air Lines, Inc. is a scheduled air transportation provider for cargo and passengers. It operates in Refinery and Airline segments. The company also offers vacation packages, aircraft maintenance and engineering support, and repair services. The stock is down nearly 22% in a week, which means it is another candidate that could easily double from here according to Wall Street estimates.
The highest price target for DAL on Wall Street is $100 with the lowest price target at $75. The stock is trading at a 33% discount to the lowest target, which implies there is ample room to grow for the stock price.
The current negativity surrounding the stock is amplified by a poor Q1 guidance which has come as a surprise to investors. The airline industry has been reaping the benefits of growing demand for air travel, but the party seems to have come to an abrupt stop. Q1 revenue growth, which was expected at 8% previously, has now been slashed to just 3.5%! The talk of recession isn’t helping the stock either.
The stock, which traded at a premium to its peers, is now available at a solid discount, which is bringing its forward valuations to more reasonable levels without any fault in the business. 2025 could still be a good year for the company as revenue from the joint venture with Korean Air starts flowing in after the successful acquisition of Asiana Airlines.
Delta is also receiving a good response from customers for its loyalty program and premium products, with the premium services revenue up 8% YoY, comfortably outpacing the main cabin revenue growth.
8. United Airlines Holdings, Inc. (NASDAQ:UAL)
United Airlines Holdings, Inc. operates as an air transportation services provider company. The company also provides a flight academy, ground handling, maintenance services, and other services. UAL is down 18% in a week.
Wall Street has a highest price target of $165 on the stock, which is more than twice the current price levels. The lowest price target of $108 is a 40% upside as well, so the stock is not pricing in any of the Wall Street optimism at the moment.
The reason for that is, of course, the lacklustre airline industry outlook as disappointing guidance starts pouring in for peers. United has done a good job dealing with challenges related to reliability and costs, and now is the time for the company to reap the rewards.
United carries out flights to 6 different continents of the world, transporting a diverse clientele from tourists to business executives. 90% of the company’s operating revenue comes from passenger transportation. This revenue will get a boost from the improving Asian segment, which is finally seeing signs of recovery.
If the travel demand goes down as feared by economists predicting a recession, it could bring challenges. However, some of these challenges are getting priced in right now, making it worth the risk to bet on the stock doubling from here.
7. Jefferies Financial Group Inc. (NYSE:JEF)
Jefferies Financial Group Inc. is a capital markets and investment banking company. It operates through Asset Management and Capital Markets & Investment Banking segments. Wall Street has the highest price target on the company’s stock of $92 while the stock currently trades well below even the lowest price target of $75, suggesting minimal downside.
The company’s fundamentals are improving and the recent dip is making it attractive for investors at a PE of 18.8 and a price to book ratio of just 1.2. Its revenue sources are decently diversified, with half of the revenue coming from advisor and underwriting services, one-third from trading, and the rest coming from asset management services and its own investments.
The stock is therefore coupled with the volatility of the financial markets and the economy, more so than other stocks. Its ability to generate revenue from both underwriting and secondary market trading makes it a better bet than some of its peers like Evercore and Piper Sandler. This brings in the added volatility too. But the added risks only make the eventual reward sweeter.
6. DraftKings Inc. (NASDAQ:DKNG)
DraftKings is an entertainment and gaming company, though it is widely known for its association with online sports betting and fantasy sports offerings. The company’s stock is down 10% and the correction is a good opportunity to ride the next wave of sports betting.
DKNG grew at 30% last year. It added 3.5 million new customers and became free cash flow positive for the first time. Total customer base grew by a whopping 42% and that’s what the company now intends to monetize.
2025 will be the year the company enhances its live betting products. It has acquired companies like Sports IQ Analytics, Simplebet, and Mustard Golf. The intention is to attract people through an amazing live betting experience.
If the company is able to pull that off, it could grow at about 35% again this year. The highest Wall Street price target of $75 suggests the stock could double from here and the fundamentals suggest the same.
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.
4. Vistra Corp (NYSE:VST)
Vistra is a power generation company operating in the United States. The company’s stock has lost 12% in a week, which presents an opportunity that Wall Street recommends is worth pouncing on.
Last week, BofA analyst Ross Fowler upgraded the stock from Neutral to Buy, assigning a price target of $152. The highest price target on Wall Street stands at $231, a 113% upside from here on. The stock has had a great run as energy stocks surged on increasing data center deals. Now that the hype has faded, these stocks are coming back to fair valuations making them attractive for investors again.
Fowler believes demand for data centers is still strong. VST could surge as soon as there is some clarity on the regulatory front. Moreover, nuclear colocation could add $385 million to the company’s EBITDA. Virtual power purchase agreements and gas co-location opportunities are also set to materialize later down the road.
3. Monday.com Ltd. (NASDAQ:MNDY)
Monday.com Ltd. is a software applications developer that offers Work OS, which is a cloud-based visual work platform. The company also provides Monday work management, WorkForms, and WorkCanvas. The stock is down 16% after the last week’s carnage but the company’s AI bull thesis is intact.
Wall Street analysts have a highest price target of $455 on the stock, almost double the current levels. Even the lowest price target of $310 implies a 33% upside. In just one month, the stock has lost 29% of its value yet analysts are bullish on the stock.
In its earnings report last month, the company announced it was doubling down on its AI efforts:
As we look to 2025, we are excited to double-down on our AI efforts, with a focus on AI Blocks, Product Power-ups, and our new Digital Workforce of AI Agents. We believe AI can be a game-changer for our customers, giving them the ability to transform their workflows and scale faster than ever before.
Now that the stock has come back to pre-earnings levels for no apparent reason, this is an opportunity investors don’t want to miss. KeyBanc analysts upgraded the stock after the earnings report with a $420 price target. The firm believes waiting for the perfect entry point isn’t worth it when it comes to MNDY. So when the stock presents a significant dip like the current one, investors may not want to sit on the sidelines.
2. Marvell Technology, Inc. (NASDAQ:MRVL)
Marvell Technology, Inc. is a data infrastructure semiconductor solutions provider. It develops integrating analog, complex System-on-a-Chip architectures, mixed-signal, and other products. The stock has had a great run and has been touted as a competitor to big names like Nvidia and Broadcom. However, the stock has halved in less than two months on tariff fears as well as fears related to AI spending in the US.
The highest Wall Street target of $140 sees the stock comfortably doubling from here on. The bullish thesis isn’t hard to figure out. The company makes custom chips used in AI training. Hyperscalers rely on the company’s technology for chips that power their large language models.
Since the emergence of DeepSeek AI, there have been fears that the US may have spent too much money on AI infrastructure. That sending may not be sustainable going forward. However, AI isn’t going anywhere and the US would never want to lose the AI race to competitors. So Marvell has a critical position in the US AI infrastructure, even if analysts debate the exact amount of sustainable spending.
The company’s third fiscal revenue report showed 43% of its revenue coming from China. This is a huge reliance on a country that often finds itself on the US export controls list. However, growing hyperscaler partnerships through 2026, a healthier balance sheet, and rich cash flows are three good reasons to bet on the company as the market prices in the China reliance factor.
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.
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