As 2022 enters the final stretch, one thing is certain; the stock market is not lacking for names trading at depressed levels. For those keen on bargain hunting, there are plenty of stocks whose valuations have contracted by huge amounts this year. Take Coinbase (COIN), for instance. You can now buy shares of the leading crypto exchange at a 74% discount compared to what they were going for at the start of the year. But more importantly, should you? Absolutely not, is the message relayed by Wells Fargo’s Jeff Cantwell.
https://www.tipranks.com/news/article/sell-coinbase-stock-says-well-fargo-as-there-are-too-many-challenges-to-overcome?utm_source=advfn.com&utm_medium=referral
Coinbase Global (NASDAQ:COIN)
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Coinbase Global (NASDAQ:COIN)
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