Up 50% in 2024, Is It Too Late to Buy These 3 Stocks?

Group 1: Market Trends and Investment Sentiment - The narrative of investing in beaten-down enterprises is often easier to sell than that of high-flying stocks, reflecting a human tendency to seek discounts [1] - The cryptocurrency sector has shown a sharp rebound in 2023, suggesting that similar trends could apply to high-performing stocks [2] Group 2: AeroVironment (AVAV) - AeroVironment specializes in aerospace and defense, focusing on robotic systems and unmanned aerial vehicles, with a significant role in Ukraine's defense [3] - AVAV stock has returned over 74% since the beginning of the year, raising questions about potential remaining upside [3] - Analysts rate AVAV as a moderate buy, with a price target of $207.50, indicating a potential downside risk of nearly 4% [4] Group 3: Robinhood (HOOD) - Robinhood has performed exceptionally well, with stock returns exceeding 88% since the start of the year and over 134% in the past 52 weeks [6] - Analysts project Robinhood's sales for fiscal 2024 to reach $2.42 billion, a 29.8% increase from the previous year [7] - The recent meme-trading frenzy indicates strong retail investor interest, suggesting continued potential for growth [6] Group 4: Sea (SE) - Sea, a tech conglomerate in Singapore, operates in digital entertainment, e-commerce, and digital financial services, with stock gains of nearly 94% since the start of the year [8] - Despite a strong buy rating, the average price target of $80.63 implies only about 8% upside potential, causing investor hesitation [8] - Experts forecast Sea's fiscal 2024 sales to hit $15.4 billion, reflecting a 17.9% increase from last year, highlighting long-term growth potential [9]