2 Cheap Growth Stocks to Buy Before They Soar 175% and 495%, According to Certain Wall Street Analysts

The S&P 500 has seen a 15% increase so far this year and a 42% increase since the start of 2023. With these significant gains, it has become challenging to find good deals in the stock market. However, analysts on Wall Street believe that there is still potential for growth in UiPath (NYSE: PATH) and Block (NYSE: SQ).

UiPath is a leader in robotic process automation (RPA), offering tools to help businesses automate processes and tasks. The platform includes process mining and task mining tools to identify automation opportunities, as well as software robots to execute the automation. UiPath also incorporates artificial intelligence (AI) features such as computer vision, natural language processing, and machine learning.

While the price targets for UiPath and Block may seem overly ambitious, both companies are worth considering for investment. Investors should take note of UiPath’s RPA capabilities and AI functionalities, as well as Block’s potential for growth in the market.

Source: Fool.com