Meet the Newest Addition to the S&P 500. The Stock Has Soared 200% Since Early Last Year, and Is Still a Buy Right Now, According to 1 Wall Street Analyst.

One of the newest additions to the S&P 500 (SNPINDEX: ^GSPC) soared long before joining the index, but this could just be the beginning of a long bull run.Emcor Group (NYSE: EME) joined the S&P 500 index in September. The stock has been an unstoppable multibagger, soaring 200% since the beginning of 2024 and more than quadrupling investors' money in just three years.Several analysts still have a buy rating on Emcor. One of them is Brent Thielman from DA Davidson. The analyst lifted Emcor stock's price target from $725 to $800 per share right after Emcor's third-quarter earnings release on Oct. 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool