Investors who bought reliable growth stocks with plans to not sell for several years saw their stocks dip in price, but are less worried because they had no intention of selling those stocks this year. Two of these reliable growth stocks, Microsoft (NASDAQ: MSFT) and Advanced Micro Devices (NASDAQ: AMD), have seen price dips along with many other strong stocks this year. Here's why these two growth stocks are at the top of my list as we head into 2023. Read More...
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Coinbase Stock Hits an All-Time Low. Where the Company Goes From Here.
In December of 2021, crypto exchange Coinbase Global was about to cap a banner year: it had gone public with a valuation north of $85 billion and a $328 share price, raised over $3 billion through corporate bond offerings, and would ultimately take in $7.8 billion in annual revenue. Coinbase stock (ticker: COIN) dropped 9.1% last week, only to fall to a new all-time low of $34.51 on Monday, before closing at $35.17. As it has attempted to weather the crypto winter, Coinbase has been careful to distance itself from the likes of FTX and other crypto companies that have imploded recently, pointing to its identity as a Nasdaq-listed public company with audited financial statements.
