5 Under-the-Radar Stocks With Massive Upside for 2024

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In this piece, we will take a look at the five under the radar stocks with massive upside for 2024. For more details about the different aspects of stock ownership and more under the radar stocks, check out 12 Under-the-Radar Stocks with Massive Upside for 2024.

5. UiPath Inc. (NYSE:PATH)

Number of Q4 2023 Hedge Fund Shareholders: 38

Average Analyst Share Price Target Upside: 44%

UiPath Inc. (NYSE:PATH) is a software company that helps businesses automate their daily tasks. Its business model and product portfolio set the firm up also include AI products in the lineup. Considering the surge in business interest surrounding AI and enterprise software products, it’s unsurprising that UiPath Inc. (NYSE:PATH) has beaten analyst EPS estimates in all four of its latest quarters.

By Q4 2023 end, 38 out of the 933 hedge funds tracked by Insider Monkey had invested in UiPath Inc. (NYSE:PATH). Catherine D. Wood’s ARK Investment Management was the largest shareholder through its $1 billion stake.

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