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.
Potash Corporation of Saskatchewan (USA) (NYSE: POT) has managed to comfortably outperform the S&P 500 and Dow Jones in 2016, having posted gains of more than 6 percent, while both indexes lost more than 3 percent. This strength probably influenced on Vetr raters’ decision to upgrade the stock.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
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On Thursday, top Raters at the Vetr Community upgraded the shares from 3.0 Stars to 3.5 Stars -- out of a possible 5.0 Star rating. The crowd has set a $18.57 price target, which implies an upside of roughly 2.2 percent from current stock prices. While upside seems limited, 91 percent of the crowd is bullish on the stock.
Analysts seem even more bullish, as they have fixed average price target of $21.70 per share, Vetr states.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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.