I would lean towards waiting for clearer evidence of a recovery rather than buying COIN purely in anticipation of higher trading volumes. However, Coinbase’s latest results make the investment case more interesting than a simple bet on crypto prices.
Global tech stocks plummeted in turn, while Crocs bucked the trend and surged. Is a turning point coming for consumer stocks?
Technology stocks faced pressure one after another, but Crocs surged by about 25% at one point based on better-than-expected earnings and an upward revision of its full-year guidance. Can overseas growth and the recovery of HEYDUDE bring new opportunities to consumer stocks? Are you more optimistic about the recovery in consumer stock earnings or the opportunities after the correction in technology stocks?
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