Coinbase Global, Inc. (COIN) has strong momentum and earnings outlook, making it a promising choice.
From Nasdaq:
Momentum investing involves following a stock’s trend. Zacks Momentum Style Score helps identify profitable stocks based on trends. Coinbase Global, Inc. (COIN) has a Momentum Style Score of A and Zacks Rank of #1. COIN’s shares are up significantly, outperforming the industry and S&P 500. Volume and earnings outlook are positive, making COIN a promising pick.
Earnings estimates for COIN have been revised upwards, boosting its consensus estimate. The company has a #1 (Strong Buy) stock rating with a Momentum Score of A. COIN is set to rise in the near-term. Zacks experts predict explosive growth for a little-known chemical company, similar to past success stories like Boston Beer Company and NVIDIA. Investors can download the latest stock recommendations from Zacks Investment Research.
Read more at Nasdaq: Are You Looking for a Top Momentum Pick? Why Coinbase Global, Inc. (COIN) is a Great Choice