Business
3 trailblazing stocks for risk takers : An Investor Telegraph exclusive
Taking a risk to achieve a goal requires the courage to face the fear of uncertainty. No matter the outcome, either way, we grow through the process and become more resilient and confident.
So let us do it in the stocks of 2021.
InvestorTelegraph presents:
1.Overstock.com Inc. (OSTK)
Overstock.com Inc is a United-States-based online retailer that provides products and services through websites. The company offers a broad range of products, including furniture and home decor, jewelry, watches, apparel and accessories, BMMG (like books, magazines, CDs), electronics, and other items.
The share had had a good day on the market for Monday, January 04 as shares jumped 3.11% to close at $49.46.
In Dec 2020, the stock has moved higher by 15.7% and was also above its 20 day SMA. This combination of strong price performance and favorable technical could suggest that the stock may touch $ 70.
If one considers OSTK’s recent earnings estimate revision activity, the company’s future is quite favorable; as OSTK up run is going to gather further speed in the coming months.
2.Interactive Brokers Group, Inc. IBKR.
One stock that might be an intriguing choice for investors right now is IBKR. This is because this security in the Financial – Investment Bank space is seeing solid earnings estimate revision activity, and is in great company
The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
The share is up at over $ 70 but looks unstoppable
3. Grayscale Bitcoin Trust (GBTC)
Shares of GBTC Grayscale Bitcoin Trust jumped 12% on Tuesday, Jan 5th as analysts predict that the popular cryptocurrency could rise as high as $146,000 per coin, as more people begin to view it as a digital version of gold.
That would bring the total value of all bitcoins to roughly $2.7 trillion, or about equal to the total amount of money private investors currently have allocated to gold
But to do so, bitcoin’s volatility will need to subside, if institutional investors are to use it as a store of value similar to gold. Still, at an all-time high of $ 43, this thrust stock can well charter into new horizons.
With strong reports of Cryptocurrency exchange titan Coinbase, preparing to make its stock market debut, cryptocurrency stocks might be the new Tesla that all may want at the silicon valley.
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