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.
Chris Bertelsen of Aviance Capital Management has three "scary" investment ideas that investors with a higher tolerance for risk might appreciate.
First on the list is Check Point Software Technologies Ltd. (NASDAQ:CHKP), Bertelsen said as a guest on CNBC Friday. The cybersecurity company was hard hit on Thursday after reporting a mixed second quarter. But taking a step back and looking at the big picture, the Israel-based company remains a leader in the field and an expert in prevention.
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!
"Cybersecurity is a real important area going forward and cyber warfare is certainly something that we all have to be aware of," he emphasized.
Seagate
Second on the list is Seagate Technology PLC (NASDAQ:STX), a stock that has lost nearly 20 percent of its value over the past three months. But the notable drop in the past few months has made it a "low P/E stock" with an attractive 6 percent dividend yield and $3 billion in cash sitting on the balance sheet.
"You get paid to wait," Bertelsen said.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
GameStop
Perhaps saving the most controversial pick for last, GameStop Corp. (NYSE:GME) also offers a great dividend yield, but the stock has been beaten up at a time when investors question the need for physical video game retailers to exist.
Meanwhile, GameStop continues to make the transition towards an online powerhouse and any future risks in performance might already be priced into the stock.
"I think they are going to make the bridge here," he said. "The next quarter is tough but after that we are looking good into the holiday season."
Related Links:
Cybersecurity Breaches Have Shed Light On This ETF
A Mid-Year Review Of Baird's Favorite Internet Stocks
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.