Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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- Halliburton (HAL) - Reported better-than-expected Q4 earnings and sales. The stock was up 1% ahead of the open.
- L Brands (LB) - Shares traded up more than 2% following a KeyBanc upgrade to Overweight. The firm set a $25 price target, which represented about 22% upside from where the stock was trading Tuesday morning.
- Novavax (NVAX) - Following a 50+% rally last week amid news of FDA Fast Track Designation for its NanoFlu, the stock was up 62% in pre-market action Tuesday, likely related to the outbreak of coronavirus in China. Reports suggest more than 200 cases of the virus have been reported. The company's stock has in the past been sensitive to such outbreaks given its SARS-CoV treatment.
- Caterpillar (CAT) - The stock traded lower despite an upgrade to Outperform by an analyst at Daiwa Capital.
- Trip.com (TCOM) - In contrast to the price action that impacted Novavax and other vaccine manufacturers, China-based travel companies have seen stocks lower amid a concern travel into China will be impacted by the coronavirus outbreak.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.