3 Crypto-Centric Stocks to Grab on the Ongoing Bitcoin Rally
Werte in diesem Artikel
The cryptocurrency rally has been continuing despite a mixed bag of economic data released over the past couple of weeks. The Federal Reserve is likely to keep interest rates unchanged, while uncertainty over the impact of President Donald Trump’s tariffs is again raising concerns over the economy’s future.Bitcoin (BTC), which hit an all-time high last week, has managed to hold its ground and has surpassed expectations of analysts. The cryptocurrency is on track to hit another new all-time high, and experts believe that it has the potential to surpass $150,000 this year.Given this situation, it would be ideal to invest in crypto-focused stocks. We have selected three stocks, namely Visa Inc. V, Robinhood Markets, Inc. HOOD and Interactive Brokers Group IBKR. Each of these stocks has strong growth potential for 2025 and has seen positive earnings estimate revisions in the last 90 days.Bitcoin Rally ContinuesBitcoin hit an all-time high of $123,153.22 last week, before giving up some of its gains. The cryptocurrency has mostly been hovering around $119,000 since then. Concerns about potential new tariffs and a jump in June inflation caused by existing tariffs led to a slight dip in Bitcoin's value over the past few days.However, Trump said on Tuesday that trade talks are underway with several countries and more deals will be announced before the Aug. 1 deadline for his tariffs. This came as Trump announced that the United States reached a massive $550 billion trade deal with Japan, just two weeks after threatening with 25% tariffs.Trump also recently announced trade deals with the Philippines and Indonesia. Meanwhile, a surge in June retail sales suggests that the economy is still on solid ground, which gives the Fed ample reasons to keep interest rates unchanged in its upcoming meeting late this month.However, market participants are still hopeful that the Federal Reserve will implement two 25 basis point rate cuts this year, which is likely to boost Bitcoin further.3 Crypto-Centric Stocks With UpsideVisa Inc.Visa is taking a significant step toward modernizing cross-border money movement. In a move aimed at enhancing the efficiency of global transactions, V is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain. This expansion of V includes collaboration with prominent merchant acquirers Worldpay and Nuvei, marking a pivotal development in the world of digital payments.Visa’s expected earnings growth rate for the current year is 13.1%. The Zacks Consensus Estimate for current-year earnings has improved 0.6% over the last 90 days. V currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Robinhood MarketsRobinhood Markets, Inc. operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin and other cryptocurrencies using its Robinhood Crypto platform.Robinhood Markets’ expected earnings growth rate for the current year is 20.2%.The Zacks Consensus Estimate for current-year earnings has improved 18% over the last 60 days. Robinhood Markets currently has a Zacks Rank #1.Interactive Brokers Group, Inc.Interactive Brokers Group is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures.Interactive Brokers Group has an expected earnings growth rate of 9.7% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 9% over the last 90 days. IBKR currently has a Zacks Rank #1.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Visa Inc. (V): Free Stock Analysis Report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
Quelle: Zacks