7 Stocks Set to Soar in the Coming Year

Investors always want to boost their portfolios. One smart way to do this is by looking at forecasts for the coming year. This year, we're not focusing on the usual big names like Meta, Amazon, or Tesla. Instead, let's shine a light on seven smaller, but promising stocks. TG Therapeutics (TGTX) is a biopharmaceutical company with a multiple sclerosis treatment called Briumvi. After a rough patch, analysts predict an incredible 1, 870% jump in earnings next year. Sales are also expected to grow by 41% in 2024 and 64% in 2025. The stock has already seen a 95. 5% rise this year. Next up is Alcoa (AA), an aluminum company making a comeback. It saw positive earnings for the second quarter in a row after a long slump. Experts expect earnings to leap 320% next year, with sales growing 6% after the company's big acquisition. Alcoa stock is up 27% this year. Vericel (VCEL) makes products for sports medicine and severe burns. Despite an up-and-down profit history, the future looks bright. Analysts forecast a 277% earnings surge next year, with sales up 23%. The stock has soared 57% this year.

RadNet (RDNT) is another medical imaging company with a bright outlook. After a tough 2022 and 2023, earnings are expected to grow 172% next year, with sales up 8%. RadNet stock has more than doubled this year, thanks in part to its AI technology. GE Vernova (GEV), a General Electric spinoff, is recovering well. Despite missing some earnings views, the company is still expected to see a 168% earnings boom next year, with sales up 6%. The stock has nearly tripled since its debut. Lumentum (LITE) makes optical networking and laser products. After three years of decline, it's set for a comeback. Analysts predict a 55% earnings recovery this year and a 136% boost next year, with sales up 28%. LITE stock has already jumped 70% this year. Lastly, Semtech (SMTC) supplies high-performance semiconductors. It's expected to see a 130% earnings surge next year, with sales up 22%. Semtech stock has nearly tripled this year. To find these gems, we started with the S&P Composite 1500 index, which includes the S&P 500, S&P MidCap 400, and S&P SmallCap 600. We narrowed it down to stocks with positive analyst ratings and strong earnings growth estimates. These seven stocks stand out for their potential to outperform.

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