The Case for Coinbase as a Value Stock
Shares of Coinbase Global (NASDAQ: COIN) were down this year before the FTX collapse, but they're now trading as if the entire crypto ecosystem is going down. Meanwhile, the company has over $5 billion in cash and potentially $800 million per year in cash flow coming from a 50% stake in a major stablecoin. Travis Hoium digs into this hidden cash machine at Coinbase.
*Stock prices used were the end-of-day prices of Nov. 16, 2022. The video was published on Nov. 18, 2022.
Source Fool.com