Coinbase (“COIN”) – The Investor Weekly Stock Report
The Investor Weekly is neutral on this stock at current levels. We are, however, willing to take a small position and wait on positive 2022 EPS and revenue revisions before scaling up. In doing so, I believe that crypto is in its infancy and Coinbase has established itself as a trusted service. We believe that Coinbase is a worthwhile buy if you can stomach the volatility of the underlying assets.