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3 Growth Stocks Even ‘Permabull' Cathie Wood Is Selling
COINCoinbase(COIN) Investor Place·2024-07-09 13:29

Coinbase (COIN) I believe Coinbase's profitability in Q2 is at risk, especially due to the underperformance of spot Bitcoin (BTCUSD) ETFs. Moreover, Coinbase also lost "most of its motion" to dismiss the Securities and Exchange Commission's lawsuit. While some analysts offer bullish long-term targets for the stock, I'm not so optimistic. Crypto-related stocks are to be bought when the market is trading at depressed levels, but now does not seem like the right time. Cathie Wood's portfolio hasn't performed w ...