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3 Growth Stocks That Have Generated 1,000% Returns Since the Last Presidential Election (and They've All Outperformed Nvidia)
The Motley Fool· 2024-10-24 12:20
Regardless of who wins the presidency, investors are better off focusing on top growth stocks.The U.S. presidential election is right around the corner, and many investors would be wondering which stocks could benefit most, based on who will become the next president.But basing your investment decisions on election results isn't a surefire recipe for success. And if you're investing for the long haul, even a four-year presidential term could conceivably be considered short-term in the grand scheme of things ...
Best performing stock of 2024 crashes as analysts set higher price targets
Finbold· 2024-10-18 14:13
It might come as a surprise to some readers that, at the moment of publication, Nvidia (NASDAQ: NVDA) is not the best-performing big name of 2024. And it isn't a media favorite like MicroStrategy (NASDAQ: MSTR) or Palantir (NYSE: PLTR) — that title belongs to Vistra Corp (NYSE: VST), a Texas-based utility company that has seen gains of 235.36% year-to-date (YTD). VST has benefited enormously from the AI boom — the energy business is the largest competitive power generator in the U.S. and a crucial piece of ...
1 Top Cryptocurrency to Buy Before It Soars 20,000%, According to Michael Saylor of MicroStrategy
The Motley Fool· 2024-10-17 11:15
Just how likely is it that Bitcoin hits a price of $13 million by 2045? You might be surprised. Over the past decade, Bitcoin (BTC -1.51%) has been one of the best-performing assets in the world. It has skyrocketed in value from just $100 to its current value of $65,000. The good news is that it may not be too late to invest in Bitcoin's extraordinary upside potential. According to Michael Saylor, founder and executive chairman of MicroStrategy, Bitcoin is likely to hit a price of $13 million by 2045. Based ...
MicroStrategy (MSTR) Breaks Out: Time to Buy the Bitcoin Proxy?
ZACKS· 2024-10-11 20:01
Company Overview - MicroStrategy Incorporated (MSTR) is a software firm specializing in business intelligence (BI) and analytics solutions, offering tools for data exploration, interactive dashboards, data visualization, and reporting [1] - The company went public in 1988 and secured McDonald's (MCD) as a major client before its IPO [1] Bitcoin Adoption Strategy - MicroStrategy adopted the "Bitcoin Standard" under the leadership of Chairman Michael Saylor, who expressed concerns about the monetary system expanding at ~7% annually while inflation rose at ~2% [2] - The company holds over $15 billion in Bitcoin, making it one of the world's top Bitcoin holders [2] - MicroStrategy has transformed from a software firm to a leveraged Bitcoin proxy, with its performance closely tied to Bitcoin's trajectory [3] Bitcoin Catalysts - **Seasonality & "Uptober"**: Historically, October and November have been strong months for Bitcoin, with average gains of 29.5% and 37.9%, respectively, since 2010 [4] - **FTX Repayments**: The collapse of FTX in 2022 led to a $16 billion repayment to customers in December, which is expected to drive reinvestment into Bitcoin and push prices higher [5] - **Bitcoin Halving**: The Bitcoin halving, which occurs every four years, has historically led to triple-digit gains one year later, with the next halving expected to follow this trend [6] - **Bitcoin ETFs**: The approval of several Spot Bitcoin ETFs in 2024, including Fidelity Wise Origin Bitcoin ETF (FBTC), Ark 21Shares Bitcoin ETF (ARKB), and WisdomTree Bitcoin Fund (BTCW), is expected to enhance adoption among money managers and retail investors [7] MicroStrategy's Market Performance - MicroStrategy's stock reached fresh 52-week highs with increased trading volume, showing relative strength against Bitcoin and other crypto proxies like Coinbase Global (COIN) [8] - The stock is emerging from a seven-month base structure, indicating potential for further upward movement [8] Conclusion - Bitcoin has multiple bullish catalysts, and MicroStrategy is positioned as the best way to participate in a potential Bitcoin breakout [9]
MicroStrategy stock price prediction amid ‘Bitcoin bank end game' revelation
Finbold· 2024-10-11 19:01
Company Overview - MicroStrategy aims to transform into the world's first "Bitcoin bank," sparking investor interest and targeting a $1 trillion valuation [1] - The company's stock surged over 13% to $208 23 in 24 hours, reaching its highest price since March 2020 [1] - MicroStrategy holds 252,220 BTC, valued at over $15 billion, making it the largest corporate Bitcoin holder globally, owning approximately 1 2% of Bitcoin's total supply [3][6] Strategic Vision - MicroStrategy plans to expand its Bitcoin holdings and establish itself as a cornerstone in the Bitcoin capital market, aiming to become a leading Bitcoin finance company [2] - The company's strategy involves borrowing capital at low rates and investing it in Bitcoin, viewing it as a safer bet than traditional banking [3] - MicroStrategy intends to create Bitcoin-based financial products like convertibles and debt instruments, positioning itself uniquely in the financial markets [7] Stock Performance and Predictions - MicroStrategy's stock is predicted to reach between $325 and $350 by the end of 2024, driven by Bitcoin's expected annual growth of 29% [4][5] - The stock's recent surge of over 13% is tied directly to Bitcoin's performance, with further growth expected as Bitcoin gains institutional adoption [4] - AI models, including ChatGPT-4, support the prediction of significant stock growth based on MicroStrategy's aggressive Bitcoin accumulation strategy [8] Long-Term Outlook - MicroStrategy's long-term vision of becoming a "Bitcoin bank" could redefine how corporations store and manage their capital [9] - The company's strategy is justified by Bitcoin's projected rise, with Saylor predicting Bitcoin could hit millions of dollars per coin by 2045, significantly boosting MicroStrategy's stock value [7][9] - MicroStrategy's ability to leverage debt and equity for Bitcoin purchases amplifies potential returns, further supporting its growth trajectory [8]
MicroStrategy: Recent Numbers And Basic Math Show The Tremendous Value In This Company
Seeking Alpha· 2024-10-07 08:20
Core Insights - Recent developments regarding MicroStrategy (NASDAQ: MSTR) warrant significant attention due to their potential impact on investment strategies [1] Company Overview - MicroStrategy is actively involved in the cryptocurrency market, particularly in Bitcoin investments, which may influence its stock performance and investor interest [1] Investment Philosophy - The investment approach emphasizes deep fundamentals, impactful narratives, and Austrian economics, focusing on both long-horizon and short-horizon research strategies [2] Market Position - The company is positioned within the decentralized finance (DeFi) sector, which is gaining traction for its capital-efficient trading solutions in crypto markets [2]
Why MicroStrategy Stock Surged Last Month
The Motley Fool· 2024-10-04 17:55
Why did MicroStrategy's stock soar in September? The gains start and end with Bitcoin, but there's more to the story. Shares of MicroStrategy (MSTR 6.38%) gained 27.3% in September, according to data from S&P Global Market Intelligence. The business intelligence software company, known for reinvesting its cash reserves in Bitcoin, generally trended upward along with the leading cryptocurrency. It also accelerated in mid-September, when the company said it would borrow another $700 million to refinance old d ...
MSTX, The First Leveraged MicroStrategy ETF in the U.S. Surpasses $400 Million
GlobeNewswire News Room· 2024-09-30 06:00
Company Performance - The MSTX ETF has surpassed $400 million in assets under management (AUM), reflecting strong investor demand and confidence in the product [1] - The rapid growth of the MSTX ETF to $400 million in AUM highlights investors' growing interest in leveraged strategies and MicroStrategy's stock volatility [2] Investment Strategy - The MSTX ETF offers 1.75x the daily performance of MicroStrategy's stock, targeting sophisticated investors seeking amplified returns over short-term holding periods [3] - The ETF is designed for investors with a strong appetite for risk, providing a tool to enhance exposure to MicroStrategy's dynamic market positioning [3] Market Trends - The strong reception of the MSTX ETF signals confidence in Defiance ETFs' ability to meet market demand for targeted leverage exposure, particularly in the tech and cryptocurrency sectors [4] - MicroStrategy's strategic focus on Bitcoin has made it a popular choice among investors looking to gain exposure to the cryptocurrency market [4] - The launch of MSTX coincides with surging interest in both MicroStrategy and Bitcoin, driven by increasing institutional adoption of digital assets and blockchain technology [5] Company Overview - Defiance ETFs is a leader in leverage-focused exchange-traded funds, providing innovative solutions for tactical traders and investors seeking amplified exposure to individual companies [6] - Founded in 2018, Defiance specializes in income and thematic investing, offering leveraged ETFs designed for traders seeking tactical opportunities [8] - The company's suite of leveraged and thematic ETFs targets disruptive innovations, including artificial intelligence, machine learning, and quantum computing [8]
MicroStrategy's Returns Are 3X Higher Than Bitcoin: Time to Buy?
MarketBeat· 2024-09-27 12:39
MicroStrategy Today MSTR MicroStrategy $165.98 +14.04 (+9.24%) 52-Week Range $30.71 ▼ $200.00 Price Target $202.13 Add to Watchlist MicroStrategy NASDAQ: MSTR has become one way many investors have found to get into Bitcoin (BTC). Looking at the returns of the two over the past three years, investing in MicroStrategy has been far superior to investing in Bitcoin. The total return over that time for each has been 177% versus 51%, respectively. But why is that the case? Based on the reports of new Bitcoin pur ...
MSTX, The First Leveraged MicroStrategy ETF in the U.S. Surpasses $300 Million
GlobeNewswire News Room· 2024-09-26 20:58
MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of thematic and leveragefocused exchange-traded funds, is thrilled to announce that its MSTX ETF (1.75X MicroStrategy ETF) has surpassed $300 million in assets under management (AUM). This milestone underscores the strong investor demand and confidence in the product's innovative approach to offering amplified exposure to MicroStrategy Inc. (MSTR), a company known for its substantial Bitcoin holdings and cutting-edge data analytics ...