12 up-and-coming stocks, including Viasat, favored by hedge funds despite market concerns; S&P 500 forecast to reach 5,600 by 2024.
Viasat, Inc. (NASDAQ:VSAT) is among a list of 12 up-and-coming stocks favored by hedge funds, despite ongoing market concerns. The broader market has been bullish since 2022, reaching new record highs with the S&P 500 crossing 5,300 points in mid-May. Analysts have revised their forecasts for a positive future, with UBS and BMO predicting the S&P 500 will reach 5,600 by year-end 2024, and Wells Fargo estimating a close at 5,535.
June 01, 2024
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