From Nasdaq: 2024-04-12 09:08:00

Investors may find Coinbase Global, Inc. (COIN) an intriguing choice with solid earnings estimate revisions and a Zacks Industry Rank of 74 out of 250. The company has seen positive earnings estimates rise over the past month, with a Zacks Rank #1 (Strong Buy) and potential for strong performance in the industry.

Bitcoin has historically outperformed other assets, with significant returns during presidential election years: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another surge in the coming months. For those seeking a strong pick in the industry, Coinbase Global could be an interesting choice with its performance and position.

Read more at Nasdaq: Why Coinbase Global (COIN) Stock Might be a Great Pick