Published on 31 May 2024 on Zacks via Yahoo Finance
Coinbase is a company I have covered several times in the past, dating back to the middle of 2023. We have owned the stock on and off in the Technology Innovators portfolio service I run, including capturing a 58.92% gain from June to December last year. Though the stock has nearly tripled over the past twelve months, I want to cover it again because several new bullish catalysts have emerged, the fundamental picture is stronger than ever, and the stock is still dirt cheap. That said, below is my bullish thesis for Coinbase.
Coinbase Global Overview