From Nasdaq: 2024-04-18 09:40:11

Coinbase Global, Inc. (COIN) has shown a 22.9% year-to-date performance in the Finance sector, outperforming the industry’s -1.8% average. The Zacks Rank system currently rates COIN as a Strong Buy, with a 524.4% increase in full-year earnings estimates. Another stock, BrightSphere Investment Group (BSIG), has also outperformed the sector with a 17% return this year. Both stocks are worth tracking for continued success.

In the Semiconductor industry, a top chip stock is recommended by Zacks as having significant growth potential due to strong earnings and market demand for AI, ML, and IoT technologies. This stock is positioned for growth as the semiconductor market is projected to grow from $452 billion in 2021 to $803 billion by 2028.

Read more at Nasdaq: Are Finance Stocks Lagging Coinbase Global (COIN) This Year?