TipRanks
2022-02-16 21:22:10

Voyager Digital: An Undervalued Crypto Stock With Over 100% Upside

If you’re looking for one investment vehicle to tap into this year, then H.C. Wainwright’s Kevin Dede thinks Voyager Digital (VOYG.TO) should be at the top of the list. The analyst calls the cryptocurrency platform his “favorite stock pick this year,” doubling down on his positive thesis for the company following Voyager’s excellent December 2021 quarter (F2Q22) results. If you want to get an idea of how fast Voyager is growing, a look at the top-line figure compared to a year ago will suffice. Revenue for the quarter hit $164.8 million, a 4400% increase on the $3.5 million reported for the same period in 2020.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.