1 of Cathie Wood's Favorite Stocks Has Growth and Value Written All Over It
No matter the sector or industry, top-tier growth stocks all share the same fundamental attributes. From Tesla to Netflix to Adobe, these companies are able to expand their businesses, retain a slew of competitive advantages, and capitalize on paradigm-shifting trends.
After less than a year on the public markets, Coinbase (NASDAQ: COIN) is already posting some jaw-dropping growth numbers. But rather than getting the kind of premium valuation given to other growth stocks, shares of Coinbase have been tumbling, even as it reports higher revenue and net income.
So what gives? Let's figure out why Coinbase stock is struggling, and whether it is becoming both a growth stock and a value play.
Source Fool.com
