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.
Speaking on CNBC, Mark Hake of Hake Capital Management said that he likes stocks that have free cash flow, low P/E and preferably selling below book value.
Hake named Assurant, Inc. (NYSE: AIZ), Del Frisco's Restaurant Group Inc (NASDAQ: DFRG) and Lifelock Inc (NYSE: LOCK) as stocks that he would buy right now.
He explained that Assurant sells insurance policies for cell phones. He finds that business to be very profitable and he already has a long position in the stock.
Hake is bullish on Lifelock Inc because it has a lot of cash on its balance sheet and it is very cash flow positive. It also has low price-to-earnings ratio.
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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