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What are the top cryptocurrency stocks to review according to Zacks?

avatarR PDec 17, 2021 · 3 years ago7 answers

Can you provide a list of the top cryptocurrency stocks that Zacks recommends for review? I'm interested in knowing which stocks are currently favored by Zacks and could potentially be good investment opportunities.

What are the top cryptocurrency stocks to review according to Zacks?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! According to Zacks, some of the top cryptocurrency stocks to review are Bitcoin Investment Trust (GBTC), Riot Blockchain (RIOT), and Marathon Digital Holdings (MARA). These stocks have been performing well in the cryptocurrency market and have caught the attention of Zacks analysts. It's always a good idea to do your own research and analysis before making any investment decisions, but these stocks could be worth considering.
  • avatarDec 17, 2021 · 3 years ago
    Zacks has identified several cryptocurrency stocks that are worth reviewing. Some of the top ones include Coinbase Global (COIN), MicroStrategy (MSTR), and Square (SQ). These stocks have shown strong growth potential and have been recommended by Zacks for further analysis. Keep in mind that investing in cryptocurrency stocks can be volatile, so it's important to carefully consider your risk tolerance and investment strategy.
  • avatarDec 17, 2021 · 3 years ago
    According to Zacks, one of the top cryptocurrency stocks to review is Marathon Digital Holdings (MARA). They have been gaining attention in the market due to their focus on Bitcoin mining operations. With the increasing popularity of cryptocurrencies, companies like Marathon Digital Holdings have the potential to benefit from the growing demand. It's important to note that investing in cryptocurrency stocks carries risks, so it's advisable to consult with a financial advisor before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    Zacks recommends reviewing Bitcoin Investment Trust (GBTC) as one of the top cryptocurrency stocks. GBTC is a popular choice for investors looking to gain exposure to Bitcoin without directly owning it. It offers a way to invest in Bitcoin through a traditional investment vehicle. However, it's important to note that GBTC can trade at a premium or discount to the actual Bitcoin price, so it's essential to carefully consider the risks and potential returns before investing.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for cryptocurrency stocks to review, Zacks suggests taking a look at Riot Blockchain (RIOT). Riot Blockchain is a company focused on cryptocurrency mining and has been gaining attention in the market. However, it's important to remember that investing in cryptocurrency stocks can be highly volatile and speculative. It's crucial to do thorough research and consider your risk tolerance before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    Zacks recommends reviewing MicroStrategy (MSTR) as one of the top cryptocurrency stocks. MicroStrategy is a business intelligence company that has made significant investments in Bitcoin. Their strategy of holding Bitcoin as a reserve asset has attracted attention from investors. However, it's important to note that investing in cryptocurrency stocks carries risks, and it's advisable to consult with a financial advisor before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    Square (SQ) is another cryptocurrency stock that Zacks recommends reviewing. Square is a financial services and digital payments company that has shown interest in cryptocurrencies, particularly Bitcoin. Their Cash App allows users to buy and sell Bitcoin, which has contributed to their growth. As with any investment, it's important to carefully consider the risks and potential rewards before investing in cryptocurrency stocks.