August 3, 2010 12:21 PM | 1 min read |
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.
bebe stores, inc.(NASDAQ: BEBE) engages in the design, development, and production of women’s apparel and accessories. The story is especially popular among teenage girls, and has a powerful brand name among that demographic group.The valuation of the stock is a screaming buy. While the company is currently losing money, it is expected to return to profitability in the next fiscal year. The current market fears over a prolonged recession are pushing down the price of the stock. The stock has trailed the iShares small cap index(NYSE: IJR)signifcantly over the past year. However, the stock is geared well for a prolonged recession.Bebe has a market cap of 520MM, $170MM of which is cash and short term investments. The cash provides a nice cushion in the case of a prolonged recession. Bebe recently paid a 17% dividend to shareholders, and seems to have shareholder interests in mind. Bebe is trading slightly over book value. Bebe (NASDAQ: BEBE) looks like a buy.Disclosure: Long Bebe
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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