The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
We have narrowed our search to five bitcoin-oriented stocks that have strong potential for 2024. These are: COIN, HOOD, HUT, NVDA, CLSK.
Does CleanSpark (CLSK) have what it takes to be a top stock pick for momentum investors? Let's find out.
In the realm of cryptocurrency investments, CleanSpark Inc (NASDAQ:CLSK) has emerged as a compelling contender. Specializing in Bitcoin mining across the Americas, CleanSpark distinguishes itself by operating data centers powered predominantly by low-carbon energy sources.
Lesser-known high-potential tech stocks are a great way to invest in a growing stock market powered by Nvidia (NASDAQ: NVDA ). The chip giant is a big reason why the three major stock indices ended the first quarter with five months of gains in a row.
When we think about the major indexes, we usually think of the NASDAQ, the S&P 500 and the Dow Jones Industrial Average. But if you want a full picture of the US stock market, you should also include the Russell 2000.
Broad stock market indexes have again made new all-time highs this week, confirming the current bull market. The ~6% pullback seen in the S&P 500 in April was as generic as a bull could have asked for, and the strong snapback to new highs should encourage investors looking to add risk to their portfolios.