January 7, 2015 8:18 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.
Ananda Baruah of Brean Capital commented in a note on Wednesday that
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.
(NYSE: HPQ) has a “material opportunity” for cost savings post company split.“There remains a lot of redundancy inside of Hewlett Packard, as simplistically much of the company remains structured as that of a manufacturing company (infrastructure heavy),” Baruah wrote. The analyst adds that by separating the company into two entities, this will enhance the “internal energy” around optimizing cost efficiency and cost savings in both HP Inc and Hewlett Packard Enterprise.However, Baruah believes that the possibility for multi-year earnings per share upside to Street estimates is still “challenging to pin down” as Hewlett Packard hasn't yet detailed how much cost savings it will pass through versus invest post split in October. The analyst nevertheless believes that the company will provide further commentary on the split on each earnings call leading up to the finalized split in October.Shares are Buy rated with a $45 price target.
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