The central idea behind cheap speculative stocks under $3 is simple: small-capitalization investments may lever a greater potential for outsized returns. Of course, that depends greatly on the stars aligning perfectly, which rarely happens. Still, analyst-endorsed ideas could put the odds in the gamblers’ favor.Another reason why speculative stocks are so enticing is accessibility. Not all brokerages offer fractional ownership of shares. Therefore, some retail investors may be blocked out of investing in po ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Bitfarms Ltd. (BITF) .Bitfarms Ltd. currently has an average brokerage rec ...

Bitfarms Ltd. (BITF) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -22.3% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Technology Services industry, to which Bitfarms Ltd. belongs, has gained 1.1% over this period. Now the key question is: Where could the stock be headed in the near term?Alt ...

At the beginning of 2023, Carvana (NYSE:CVNA) stock was trading at $5. A massive rally ensured, and CVNA stock currently trades near $80. It’s the dream of every investor to get a 10-bagger or 20-bagger in a matter of a year. However, not all penny stocks fire.An important point to note is that the rally in CVNA stock is not purely speculative. While the e-commerce platform for buying and selling used cars faced challenges, financial metrics showed improvement. Without getting into details, the point I want ...

Amidst Bitcoin’s massive surge, investors are eagerly searching for Bitcoin-related stocks to join in the bull run.These Bitcoin-related stocks each carve a niche in the rapidly evolving financial technology sector. The first one stands at the forefront of cryptocurrency mining, showcasing remarkable growth and strategic miner acquisitions that set the stage for future expansion.The second one, a giant in the cryptocurrency exchange arena, impresses with its robust financial performance, strategic product l ...

The recent sell-off in a number of top blockchain stocks presents a compelling opportunity for long-term investors. While Bitcoin (BTC-USD) has soared to new highs, shares of companies with blockchain exposure have lagged significantly. Some have even declined recently, despite their balance sheets continuing to improve alongside the rising price of Bitcoin.This disconnect has created a unique window to buy blockchain stocks at a discount compared to their underlying crypto asset holdings. As we know, it ta ...

- Fully exercises 28,000 Bitmain T21 miner purchase option –- Purchases additional 19,280 Bitmain T21 miners –- Purchases 3,888 Bitmain S21 miners –- Purchases 740 Bitmain S21 Hydro miners – This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Quebec, March 11, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically i ...

To make millions from the markets, investors should allocate funds toward high-risk stocks. Blue-chip stocks provide steady returns and capital protection. However, big wealth creation comes from growth stocks. This includes penny stocks with a robust growth outlook and this column discusses three penny stocks with 20-bagger potential.My view on portfolio construction for young investors is as follows. Initially, it makes sense to remain overweight on growth and high-risk penny stocks. As the portfolio swel ...

our professional staff down there as well. Not overly material, I think going forward here. I think what's more important is understand that in the quarter that just ended, we actually had about $2.1 million of compensation associated with achieving goals and targets that were set actually in 2023, most of which is realized actually in the fourth quarter here. So I think what's important here is that we actually showed cash compensation around $5.1 million in the quarter that just ended. To normalize this g ...

Bitfarms Ltd. (BITF) is slated to report its fourth-quarter 2023 results on Mar 7, before the bell.The company’s earnings surprise history has not been impressive. Earnings lagged the Zacks Consensus Estimate in two of the trailing four quarters and surpassed twice, delivering a negative earnings surprise of 23.5%, on average.Q4 ExpectationsWe believe that expansion moves at Baie-Comeau and in Paraguay, along with continuous efforts to reduce operating costs, have positively impacted the company’s results ...