"Analysts Predict Bounce Back for 2 Beaten-Down Stocks with Insider Investments"

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Source: Yahoo Finance
TL;DR Summary

Insiders have been pouring millions into EVgo and Insulet Corporation, two beaten-down stocks that analysts believe could be ready to bounce back. EVgo runs the largest public fast charging network for EVs in the US and is well-positioned to benefit from the rapid growth of public EV charging. Insulet is a leading medical device maker that specializes in insulin delivery systems and recently beat Q1 revenue forecasts. Both companies have seen recent declines in their stock prices, but insiders have been buying up shares, indicating that they may consider the shares to be undervalued. Analysts have given both stocks a Moderate Buy consensus rating and believe they have potential for significant growth in the next 12 months.

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