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​IREN Limited (NASDAQ:IREN) is one of the Unstoppable Growth Stocks to Invest In According to Reddit.

On April 9, Cantor Fitzgerald lowered the firm’s price target on IREN Limited (NASDAQ:IREN) from $82 to $61, while maintaining an Overweight rating on the shares. The firm said in a research note that they see the world progressing towards the proliferation of AI as it gets incorporated in every sphere and business. As a result, the firm finds AI infrastructure companies to be an attractive place to invest. Cantor Fitzgerald elaborated that they like infrastructure stock because investors don’t have to pick and choose specific AI models or apps, as the whole sector is performing.

Moreover, the firm expects a persistent supply‑demand imbalance in AI infrastructure for at least the next five years, which should support strong pricing power for companies like IREN that own and operate AI‑ready data centers and power assets.

​Overall, Wall Street is bullish on the stock with 72% of the 18 analysts covering the company maintaining a Buy rating. The 12-month average analysts’ price target suggests more than 82% upside from the current level.

​IREN Ltd (NASDAQ:IREN) is a technology company that operates high-performance, renewable energy-powered data centers specializing in Bitcoin mining and, increasingly, artificial intelligence (AI) cloud services. It provides infrastructure, including GPU-based computing, to support AI, machine learning, and high-performance computing (HPC) for large-scale clients.

While we acknowledge the potential of IREN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 7 Hot Growth Stocks to Invest in Right Now and 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. 

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