COINBASE: Apr 2021 Stock Pick
Me? I’mma tell you my next pick. Right now.
It’s coinbase (NASDAQ:COIN).
Right now, today, April 14, the stock closed at $328.80 a share. I expect to invest my own Money tomorrow, and blog why, but first I wanted to make a prediction — by June 14, the stock will be up by at least 5%, which would be 35% annualized growth. I expect to hold it likely for at least one year.
Here’s the short version of why: Apparently no one on wall street is able to forward-project a P/E model properly.