Is Coinbase Global (COIN) Outperforming Other Finance Stocks This Year?

From Nasdaq Corporation

February 13, 2025 9:40 AM:

Coinbase Global, Inc. (COIN) stands out in the Finance sector with a year-to-date return of 10.7%, outperforming the sector’s 4.5% average. With a Zacks Rank of #2 (Buy) and a 42.3% increase in full-year earnings estimates, COIN is on track for strong performance. BOC Hong Kong Ltd. (BHKLY) also shines with an 8.3% return this year and a Zacks Rank #1 (Strong Buy).

Coinbase Global, Inc. belongs to the Financial – Miscellaneous Services industry, ranking #46 out of 87 companies. The industry has seen a 3% average return this year, indicating COIN’s superior performance. Meanwhile, BOC Hong Kong Ltd. is part of the Banks – Foreign industry, which has grown by 7.3% this year. Investors are advised to keep an eye on both COIN and BHKLY for continued success.

Zacks Research Chief names a top stock with potential to double. With innovative financial solutions and a rapidly growing customer base, this stock is primed for significant gains. Previous Zacks’ picks like Nano-X Imaging, which surged +129.6% in 9 months, highlight the potential for substantial growth. Investors can access free stock analysis reports for COIN and BHKLY on Zacks.com.

Read more at NASDAQ: Is Coinbase Global (COIN) Outperforming Other Finance Stocks This Year?