Tech Stocks Surge Amid Tariff Uncertainty: Are SharpLink Gaming and Ethereum-Related Stocks Poised to Soar?
Wall Street saw mixed trading post-holiday week, affected by tariff uncertainty and threats from President Trump. Tech-heavy Nasdaq 100 Index ETF (QQQ) rose 0.06% with a 23% volume drop. Small caps like Russell 2000 Index ETF (IWM) outperformed. Despite bullish market direction, caution flags include overbought Nasdaq, distance from moving averages, and bullish sentiment.
Stocks like SharpLink Gaming (SBET) are on the move, especially Ethereum-related stocks. M&A activity is increasing, with AES exploring a potential sale and Merck buying Verona in a $10 billion deal. Circle Group (CRCL) and Coinbase Global (COIN) are crypto stocks to watch ahead of ‘Crypto Week’.
Zacks experts highlight 5 stocks set to double, with previous picks soaring +112%, +171%, +209%, and +232%. Most picks are under Wall Street radar, offering a ground-floor opportunity. The highlighted stocks have strong potential for significant gains in the coming year.
Read more at Nasdaq: Tariff Turbulence and Overbought Tech Mark Post-Holiday Trading