January 15, 2014 8:17 AM | 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.
In a report published Wednesday, Morgan Stanley analyst Benjamin Swinburne upgraded
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.
(NASDAQ: CMCSA) to Overweight, raising its price target to $63.00.According to the report, relative to all relevant comps – cable, media, the broader market – CMCSA trades at a discount. The company also offers an attractive risk/reward in context of cable M&A. With over half its EBITDA from high growth businesses, consensus low teens EPS growth is a conservative base case.“By investing in its product, brand, and network it has driven consistent 5-7% cable revenue and EBITDA growth and new initiatives like its next gen set-top platform and home security have yet to kick-in,” the report said. “Meanwhile, as seen in our December 12th primer Re-Transforming Network TV, we see relatively low-risk 10% EBITDA growth at NBCU through ‘17 tied to rising subscription revenues – NBC is two years behind CBS in retrans. Finally, regardless of potential strategic activity in cable this year, we think the stock can outperform peers.”CMCSA closed Tuesday at $52.81 with shares trading up at 1.25 percent.
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