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.
On CNBC's Fast Money, Karen Finerman spoke about the consumer sector stocks. She thinks that high employment, low gas prices, stable housing prices and low mortgages make the environment for the consumer sector as good as it gets and the stocks don't reflect that. She has a long position in Foot Locker, Inc. (NYSE: FL) and Michael Kors Holdings Ltd (NYSE: KORS).
Brian Kelly isn't very excited with the consumer sector, because he thinks that crude oil is going higher. If he had to buy something in the space, he would buy Macy's Inc (NYSE: M).
Guy Adami thinks that Nike Inc (NYSE: NKE) has an interesting risk/reward and he would consider buying it. He still thinks that Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) are the best way to play the consumer.
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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