Coinbase (NASDAQ: COIN) continues to outperform expectations, and that could continue as the crypto market picks up and more innovations take place on the blockchain.
In this video, Travis Hoium covers Coinbase’s recent earnings and why they’re so bullish for the future of the industry.
*Stock prices used were end-of-day prices of Feb. 16, 2024. The video was published on Feb. 18, 2024.
Should you invest $1,000 in Coinbase Global right now?
Before you buy stock in Coinbase Global, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.
*Stock Advisor returns as of February 12, 2024
Travis Hoium has positions in Coinbase Global and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Coinbase Is an Unstoppable Crypto Giant was originally published by The Motley Fool