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.
Shares of Potash Corporation of Saskatchewan (USA) (NYSE: POT) have lost 2.1 percent since the year started, posting a loss of almost 5.8 percent in the past month. This drop has created plenty of room for upside, the crowd seems to believe.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
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!
On Wednesday, following the above mentioned decline, top raters at the Vetr community decided to upgrade their rating on shares of Potash, from 2.5 Stars (Sell) to 3.0 Stars (Hold) - out of a possible 5.0 Stars rating.
The new rating seeks to better reflect the crowd’s target price of $16.08, which implies a limited downside potential – roughly 3.5 percent from current valuations.
Finally, it should be noted that 72 percent of the crowd’s rating are bullish, meaning that the crowd as a whole is considerably more optimistic than the top raters.
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.