FUNanc!al for Investors
Tag: Economic Moat
Flipped A Coinbase And Landed On Tailwinds: It's A Buy
Summary A bear in crypto, a deteriorating bottom line, intensifying competition, negative sentiment, and the prospect of heavier regulation, make any investment in Coinbase a contrarian play. But crypto will not go away. Coinbase knows it. BlackRock knows it. Even the government knows it. We go against the grain, make the case Coinbase is a buy. Coinbase has to regain profitability but network effects, a strong balance sheet, solid competitive positioning, and leadership in risk management and regulatory compliance, hold promise. Coinbase is actively fighting trading fee erosion via the creation of a unique ecosystem that offers a wide range of services (well beyond trading) and multiple income streams. Check out www.funanc1al.com for market insight and so much more. We...
Tags: Bullish Case, Buy, Coinbase, Contrarian, Crypto, Economic Moat, Growth Stock, Innovation
Terms of Service
FUNanc!al distills the fun in finance and the finance in fun, makes news personal, and helps all reach happiness.