March 26, 2015 7:31 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 Thursday, Oppenheimer analyst Manish Hemrajani initiated coverage on
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: AWAY) with an Outperform rating and $37.00 price target.In the report, Oppenheimer noted, "As part of our expansion of Internet travel coverage, we initiate coverage of HomeAway Inc. (AWAY), the world's largest vacation rental website, with an Outperform rating and $37 PT. We believe AWAY with its market leadership in a unique and growing segment of the travel ecosystem, innovation and execution online, favorable demographics, geographic expansion and strong management team is well positioned to benefit from a strong travel macro and a secular online shift in travel. We are enthused by AWAY's attractive business model, listing expansion potential and pricing leverage with positive impact from tiered/bundled pricing. AWAY currently trades at EV/sales of 4.8x, EV/EBITDA of 19.3x and P/E of 42.3x on FY15E, vs. its peer group median at 4.8x/18.1x/36.1x respectively."HomeAway closed on Wednesday at $30.58.
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