3 Volatile Stocks that You Should Consider

High Volatility Stocks Can Result In Large Gains

Traders favor high-volatility investments because they have the potential to produce large price swings rapidly. Being on the correct side of those trades leaves them with quick profits. That does not, however, imply that investors looking for long-term results should avoid high-volatility stocks. In fact, high-volatility equities can generate some unexpected gains.

However, this does not imply that investors must have a background in market timing. Believe us, market timing seldom goes as planned. Finding stocks with an analysts' buy rating is a better approach to find high-volatility stocks. This will set you up for long-term success.

Here are 3 volatile stocks with a lot of potential upside.

VISA (V)

Visa stock (NYSE:V) was regarded as a strong recovery stock. Furthermore, the business has shown to have improved revenue and earnings in the previous two quarters. Investors, on the other hand, may feel that Visa's numbers weren't as good as expected year over year. Visa has also had a setback, as Amazon (NASDAQ:AMZN) has discontinued accepting its cards as a payment method in the United Kingdom because of what it perceives to be an excessive transaction fee.The company's choice to accept cryptocurrency payments has been linked (but not caused) by a reduction in many of the major cryptocurrencies.

It's a good time to consider buying V stock, which is down 14% from its 52-week high. Analysts anticipate that the stock's 12-month consensus price target of $271.44 will be met. This is not only a 25% upside from its current level, but it's a 7% increase from Visa's 52-week high.

Visa stock has a neutral technical situation at the moment. Investors may be interested to see how the stock performs heading into earnings in late January.

SUNCOR ENERGY (SU)

Last year was a good one for traditional energy companies. And it appears that 2022 will be another successful year.. Suncor Energy Corporation (NYSE:SU), a Canadian-based integrated energy firm that generates a large portion of its revenue from oil sand mining, is one of the world's largest providers of synthetic crude oil. Oil sand operations provide two advantages: they are inexpensive to run and have long production lives.

Suncor, like many other energy firms, is diversifying its portfolio by investing in clean energy projects such as a wind farm and carbon capture technology.

SU Corporation has an average price target of $38.77 from analysts, which implies a 55% upside potential from its current price. However, there should also be some consideration for Suncor's dividend, which has recently returned to pre-pandemic levels and is now back in line with the sector as a whole.

ABBVIE (ABBV)

AbbVie stock (NYSE:ABBV) disappointed growth investors for the first ten months of 2021. ABBV stock, on the other hand, is hitting its stride and coming to a close out the year strongly, which could foretell future development in 2022.

The fortunes of AbbVie are similarly tied to the company's pipeline, which is why the European Commission's approval of Skyrizi to treat active psoriatic arthritis was such good news. AbbVie has also applied to the European Commission for Skyrizi to be authorized for Crohn's disease therapy. That might be another boost for the stock.

AbbVie is a Dividend Aristocrat and one year away from joining the Dividend Kings club. This means ABBV stock is a good hedge against inflation.

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