Free Trial

3 Buyable Stocks With Solid Bottoms Ready to Rebound

FedEx Truck

Key Points

Remove Ads

The stocks on this list have all pulled back from loftier levels and could continue to pull back further, but there are numerous indications their bottoms are in. Not only does the price action indicate potential for a bottom, but the indicators have diverged from the downtrends, and there are reasons to buy. Those include management, long-term outlooks, cash flow, and capital return, which are substantial in all but one case. The outlier, Advanced Micro Devices NASDAQ: AMD, is forecasted to rise by 50% at the consensus and is on track to increase capital return, given the outlook for its business. 

Williams-Sonoma Gets Discounted: Don’t Expect it to Last 

Williams-Sonoma Stock Forecast Today

12-Month Stock Price Forecast:
$177.60
27.78% Upside
Hold
Based on 17 Analyst Ratings
Current Price$138.99
High Forecast$230.00
Average Forecast$177.60
Low Forecast$131.00
Williams-Sonoma Stock Forecast Details

Like the others on this list, Williams-Sonoma’s NYSE: WSM stock price decline is mainly due to an analyst stock price target reset. The market overcorrected, and now there is a value opportunity in addition to the growth and capital return. 

Among the mitigating factors is that several analysts increased their price targets or upgraded the stock, offsetting the impact of the price target reductions, which weren’t that bad to begin with. Most price target reductions are from above-consensus price points to still above-consensus levels.

The net result is that Williams-Sonoma remains a Hold and the consensus price target has increased. Analysts' consensus forecasts a 13% upside at the start of April and a high expectation to move into the analyst's high-end range, another 30% upside.

Regarding capital return, Williams-Sonoma sustains a high margin despite the business contraction and pays a solid dividend when buying back shares. The stock yields about 1.7% with shares near $155, and buybacks reduce the count quarterly to increase shareholder leverage. The share count fell by 3.9% in Q4 F2205 and by 1.9% for the year.

The bottom in WSM's share price is marked by the plunge on March 19th, caused by the Q4 earnings release, rebound, and subsequent pullback it sparked. The price action in late March shows support is still at the critical level, aligning with the middle of a long-established trading range.  

wsm stock charrt

Market Shrugs off FedEx’s Weakened Guidance

FedEx Stock Forecast Today

12-Month Stock Price Forecast:
$302.71
40.46% Upside
Moderate Buy
Based on 30 Analyst Ratings
Current Price$215.52
High Forecast$354.00
Average Forecast$302.71
Low Forecast$200.00
FedEx Stock Forecast Details

FedEx NYSE: FDX shares sank following its FQ3 release but triggered buying in the process. The resulting action pushed the market back above the critical support target, confirming a bottom near $233.

The reason is that FedEx is showing signs of improvement in core operations and setting itself up to resume growth with improved profitability. At the same time, its capital return program remains in place, including aggressive repurchases.

The dividend is worth 2.25% with shares trading at rock bottom, there is an expectation for distribution to grow, and repurchases will likely reduce the count by another low-single-digit figure in F2026.

Analysts rate FedEx as a Moderate Buy. The sentiment is firm, but the price target is down compared to last year.

Even so, the recent revisions align with a consensus-or-higher price point, which forecasts a 25% upside. 

FDX stock chart

Advanced Micro Devices Expands Its AI Ecosystem

Advanced Micro Devices Stock Forecast Today

12-Month Stock Price Forecast:
$152.72
62.82% Upside
Moderate Buy
Based on 32 Analyst Ratings
Current Price$93.80
High Forecast$250.00
Average Forecast$152.72
Low Forecast$110.00
Advanced Micro Devices Stock Forecast Details

Advanced Micro Devices' stock price reset overcorrected relative to the analysts’ forecasts.

The market for this semiconductor stock is well below the lowest price target, which forecasts a 10% upside at the start of April.

The consensus projects a solid 50% upside for this undervalued stock, which may be a cautious estimate due to some recent developments. 

Advanced Micro Devices made an acquisition and a partnership that improved its GPU functionality and its ability to sell at scale, which is critical in a world where the scale is hyper-scale.

Its stock price hit bottom in early March and shows signs of stabilizing and an increasing chance for a rebound. 

AMD STOCK CHART

Remove Ads

Should You Invest $1,000 in Advanced Micro Devices Right Now?

Before you consider Advanced Micro Devices, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advanced Micro Devices wasn't on the list.

While Advanced Micro Devices currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Thomas Hughes
About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Williams-Sonoma (WSM)
4.7613 of 5 stars
$138.99-15.8%1.90%16.44Hold$177.60
FedEx (FDX)
4.938 of 5 stars
$215.52-12.1%2.56%13.74Moderate Buy$302.71
Advanced Micro Devices (AMD)
4.7912 of 5 stars
$93.80-8.9%N/A94.75Moderate Buy$152.72
Compare These Stocks  Add These Stocks to My Watchlist 

Remove Ads

Featured Articles and Offers

Recent Videos

Trump Tariffs Tumble the Stock Market—Here’s How to Protect Your Money
Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads