The Zacks Analyst Blog Highlights Bitcoin, NVIDIA, Coinbase Global, Interactive Brokers and Robinhood Markets
From Nasdaq: 2024-06-05 09:03:00
Zacks.com featured NVIDIA Corp., Coinbase Global, Interactive Brokers Group, and Robinhood Markets in its Analyst Blog. With Bitcoin trading below $69,000, possible Fed interest rate cuts could impact the crypto market. Despite a recent dip, Bitcoin has seen significant gains in 2023. The halving event has concluded, boosting demand for cryptocurrencies. NVIDIA Corp., Coinbase Global, Interactive Brokers Group, and Robinhood Markets are four solid crypto stocks with high growth potential for 2024. Each company is ranked #1 or #2 by Zacks. NVIDIA Corp. is a leader in visual computing technologies with expected earnings growth of 107.1% this year. Coinbase Global provides financial infrastructure for the crypto economy. Interactive Brokers Group executes, processes, and trades cryptocurrencies. Robinhood Markets operates a financial services platform allowing users to invest in various assets including cryptocurrencies. These companies are well-positioned to benefit from the evolving crypto market.
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