The 3 Most Dangerous Bitcoin Stocks
For as long as investors can recall, the stock market has been the greatest creator of wealth. Historically, the stock market has returned 7% a year, inclusive of dividend reinvestment and adjusted for inflation. But recently, that notion has been turned on its head thanks to the emergence of cryptocurrencies like bitcoin.
Since the year began, bitcoin has rallied by more than 880%, with coins of the most popular virtual currency touching a record high of $9,496 during the afternoon of Nov. 26, 2017. That's right -- an 880% gain in less than 11 months. Amazingly, bitcoin is actually underperforming its peers in 2017, with the aggregate cryptocurrency market cap soaring from $17.7 billion to begin the year to $293 billion as of the afternoon of Nov. 26. That's a return of more than 1,550%, which has taken the broad-based S&P 500 decades to accomplish.
Image source: Getty Images.
Source: Fool.com
Overstock.com Stock
With 3 Buy predictions and 2 Sell predictions the community is currently undecided on Overstock.com.
Based on the current price of 12.45 € the target price of 40 € shows a potential of 221.41% for Overstock.com which would more than double the current price.
