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Analysts believe the stock market will set a record soon and these names are going to lead the way

Yun Li

Company analysts see the S&P 500 reaching 3,097, or 7% from here, over the next 12 months, according to calculations from FactSet. Based on the difference between the bottom-up target price and the current trading level, biopharmaceutical company Nektar Therapeutics is poised to have 110% upside by year-end. Advanced Micro Devices, Franklin Resources, Chipotle Mexican Grill, Xilinx and Waters Corp. are set to have double-digit losses.