Wall Street Sees Opportunities in Beaten-Down Growth Stocks Fiverr and Portillo's After Stock Rebound
• The stock market has rebounded nearly 26% from October lows, providing opportunities in beaten-down growth stocks before a potential bull run.
• Fiverr International stock has plunged after pandemic growth, but profitability is improving and Goldman Sachs sees 82% upside potential.
• Portillo’s stock has been hit by inflation but same-store sales are accelerating and Loop Capital sees 77% upside for the expanding restaurant chain.
• Both Fiverr and Portillo's are trading at discounted valuations compared to historical levels.
• Wall Street analysts overwhelmingly rate both stocks as Buys due to improving financials and significant upside potential over the next 12-18 months.