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.
Investment firm Voya Financial Inc (NYSE: VOYA) declared mixed first-quarter results on Wednesday. EPS for the quarter came at $0.77, compared to $0.98 in the same quarter last year.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Rod Martin, Voya Financial chairman and CEO, was on CNBC recently to weigh in on the company’s results.
Progress
“We had a very solid quarter in all of our businesses,” Martin said. “Continuing the momentum that we have had, [as] you may recall we have just celebrated our second anniversary as a public company. We laid out a 4-year plan, we have accomplished that in two years. Our stock is up 120 percent, we have raised guidance on a forward basis.”
Independence
Buy at this blue line for a shot at trading profitably
There are so many indicators out there on when to buy and sell. Nic uses none. He looks at a chart and buys when a stock “pushes” off this blue line. What blue line? Find out on the next page. It’ll change how you make money from stocks. Click here for the details.
Martin revealed that from the first-quarter of 2015 Voya Financial is fully independent from its parent company ING Group
He was asked what the independence from the parent company has allowed Voya to do. Martin replied, “We have been active in our share buyback. We have been active in the growth of our retirement and investment business and very solid results in our insurance business.”
He continued, “We have really been an ROE improvement story. Our ROE has improved 400-basis points in 2 years. We laid out a 4-year plan, we accomplished it in two years. We raised our guidance and again the market has reacted well.”
Higher-Yield
On higher yields being good for Voya, Martin said, “Higher yields are good for us, higher yields are good for our customers and certainly when we went public, it was in a low interest rate environment."
“We have had to perform during that period and higher rates will be a very good outcome for a company like ours and certainly our customers too,” Martin concluded.
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.