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Yahoo BusinessDec 08, 2019
3 Monster Growth Stocks That Make Great Picks for 2020
What's always in style on the Street? Growth. Investors are constantly window shopping on Wall Street to pinpoint the names that represent the crème-de-la-crème when it comes to the ability to post long-term gains. This makes sense as growth leads to profits, which in turn can lift share prices.However, given the market's record breaking performance in 2019, it isn't always easy to spot the stocks poised to climb higher and yield handsome returns in the years to come. That's where the analysts can help. Using the Stock Screener tool from TipRanks, we were able to zero in on 3 stocks with stellar long-term growth narratives backed by Wall Street analysts. We're talking about enough support to earn a "Strong Buy" consensus rating here. If that wasn't enticing enough, all of the names boast at least 20% upside potential from the current share price. Here's the scoop. Alphatec Holdings, Inc. (ATEC)This med tech company has disrupted the market with its innovative products for the surgical treatment of spine disorders. After skyrocketing 193% since the start of the calendar year, analysts are betting that ATEC can continue its impressive run in 2020.Part of the bullish sentiment surrounding the company is due to its strong Q3 performance that sped past the revenue consensus estimate. ATEC reported that quarterly revenue hit $29.2 million, surpassing the $26.4 million estimate. Management pointed to the domestic strategic distribution segment, which was up 52% in the quarter, as the driver here. Not to mention full year revenue gui
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