Poet Technologies

Keeping on the technology path, there is another stock that could absolutely soar in the coming year and beyond. Poet Technologies ( TSXV:PTK ) is a creator of highly demanded semiconductor products. Shares trade, however, at just $1.50 as of writing. That’s while shares hold an average price target of $8 as well.

That means shares could increase by an astounding 426% in the near future! But, of course, what comes with this stock is some risk. It hasn’t achieved the best results over the last few years, with the semiconductor business going from highly demanded, to highly expensive.

Even so, when interest rates and inflation start to fall, so will costs for this company. Therefore, Poet stock may end up being one of the TSX stocks that could easily double in the near future, and even more bey