Member-only story
The Stock that Can Massively Outperform Nvidia for the Remainder of 2024
The AI narrative has been super hot and for good reason. The top AI play has been Nvidia stock, which now sports the third-highest market cap behind Microsoft and Apple. Here is an opportunity to jump on an undervalued stock in a category that's heating up.
Gamestop, AMC, and Nvidia have illustrated that, like the crypto market, the stock market falls in love with narratives. Whether it be, screw the man or the next revolutionary technology, hype creates momentum, causing positive inertia for stock prices. Some stocks are in the news daily, while others experience brief stints of acceleration in short periods. The stock I'm discussing today will be undergoing a massive spurt of acceleration.
I wrote about this stock in February, Don't Fade This Stock's 400% 2023 Increase, when it was more than 20% lower than it is today. However, recent developments have made me even more bullish about this stock's prospects.
As I mainly focus on writing about crypto, the stock I am referring to is Coinbase. At a $60B valuation, it will take little for Coinbase stock to double or triple in value. In this article, I will…
