“J.P. Morgan Predicts up to 140% Rally for These 2 ‘Strong Buy’ Stocks”
March 15, 2024
“…Next up is the online insurance marketplace EverQuote. This company operates a platform that connects insurance buyers with insurance agents and covers multiple aspects of the industry…
As more and more consumers, across the economy generally, turn to online and digital business, EverQuote has found itself realizing some overall gains, reflected in a 49% increase in the company’s stock year-to-date.
In the latest reported quarter, 4Q23, EverQuote recorded revenues of $55.7 million, exceeding expectations by nearly $6 million. The company’s bottom line figure, the GAAP EPS, was a loss of 19 cents per share – but this compared favorably to the 26-cent loss in the prior-year quarter and beat the forecast by 13 cents per share. Overall, it was a solid quarter for EverQuote…”
https://finance.yahoo.com/news/j-p-morgan-predicts-140-185100718.html
I only focused on 1 stock of the 2 in the article above. This actually seems like a good stock pick to me. Usually I disagree with a lot of the “experts” and their stock picks.