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Alight Stock Down 24% But Poised To Double In Price

Alight Inc (NASDAQ:ALIT) is a great example of when bad things happen to good stocks. Alight stock might be down by 24% year-to-date, but the company has been reporting solid quarterly results and providing robust guidance.

That might be why Wall Street is so bullish on ALIT stock, with analysts providing a 12-month share-price target in the range of $12.50 to $15.00. This points to potential gains in the range of 50% to 82%.

There’s reason to be optimistic about Alight stock.

This post appeared first on Profit Confidential.