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.
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Citi's bullish thesis is based on the following:
- "The company's solid low double digit ROE profile, which more than covers its cost of capital."
- "Favorable forward expectations including a ~20 percent 2016–18E EPS CAGR and mid-teens accretion (CAGR) to TBV for that same period."
- "Management's incentive to continue the profitable growth trajectory, given high (i.e. ~27 percent of total) insider ownership."
Randow set a price target of $23 on the stock, which implies a potential upside of 16.81 percent from the company's previous close.
At time of writing, shares of Century Communities were up 0.66 percent to $19.82.
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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.