From Nasdaq:

Zacks.com announces stocks featured in the Analyst Blog: NVIDIA Corp. NVDA, Coinbase Global Inc. COIN, Block Inc. SQ, Interactive Brokers Group Inc. IBKR and CME Group Inc.’s CME. The cryptocurrency market saw a strong turnaround in 2023, with Bitcoin rising 157% and Ethereum, Cardano, Dogecoin, and BNB also seeing price hikes. Speculation over an approved Bitcoin exchange-traded fund has increased investor optimism, while the upcoming Bitcoin Halving is expected to drive up the value of Bitcoin due to reduced supply. The crypto-centric stocks to watch in 2024 include NVIDIA Corp., Coinbase Global Inc., Block Inc., Interactive Brokers Group Inc., and CME Group Inc. These stocks have strong potential as the crypto market continues to grow.

NVIDIA Corp. is a semiconductor industry giant and one of the biggest success stories of 2023, with an expected earnings growth rate of 62% for next year.

Coinbase Global Inc. provides financial infrastructure and technology for the crypto economy, with an expected earnings growth rate of 30.4% for the current year.

Block Inc. is an online digital and mobile payment platform, with an expected earnings growth rate of 53.2% for the current year.

Interactive Brokers Group Inc. is a global automated electronic broker, with an expected earnings growth rate of 5.2% for the current year.

CME Group Inc.’s options, which give the buyer the right to buy/sell cryptocurrency futures contracts, have an expected earnings growth rate of 3.4% for the current year.

The crypto market is expected to remain buoyant in 2024, and these stocks are poised to benefit from the continued growth of the sector. Don’t miss out on Zacks’ top stock-picking strategies that have seen incredible returns over the years – including average gains of +46.4%, +49.5%, and +55.2% per year. They are now offering 30-day access to all their picks for only $1. This is an opportunity to get acquainted with their portfolio services and start making profitable investments.



Read more: The Zacks Analyst Blog Highlights NVIDIA, Coinbase Global, Block, Interactive Brokers Group and CME Group