Close menu




July 19th, 2023 | 07:35 CEST

Trend stocks in focus - Nvidia, Smartbroker Holding AG, Coinbase

  • crypto
  • neobroker
  • chips
Photo credits: pixabay.com

They keep going and going. In the wake of the AI revolution, Nvidia is rushing from high to high. Some of the major players in the crypto sector have also been able to multiply since the beginning of the year. The trend for Bitcoin & Co is just beginning. With a breakout above the mark of USD 32,400, the momentum could increase further. Take advantage of the opportunities that arise and bet on the trend.

time to read: 3 minutes | Author: Stefan Feulner
ISIN: NVIDIA CORP. DL-_001 | US67066G1040 , SMARTBROKER HOLDING AG | DE000A2GS609 , Coinbase | US19260Q1076

Table of contents:


    Smartbroker+ - The countdown is on

    After a long wait with many imponderables, the launch of "Smartbroker+" is in the starting blocks. Interested parties can pre-register for early access on the website smartbroker.de. In particular, the development of the new frontends and central backend functions and the integration of partner companies is in the final stages. Of particular importance for future customers, especially the younger generation, is the introduction of the announced smartphone app.

    In addition to establishing a trading platform of the latest generation, Smartbroker Holding AG is further expanding the product range for its customers. Through new product partnerships with BNP Paribas and Citi, investors receive additional benefits when trading derivatives. Longer-term cooperation already exists with HSBC, Morgan Stanley, UBS and Vontobel.

    The EU's ban on "Payment for Order Flow" starting in 2026 is currently a rather troublesome topic for online brokers. While traditional neobrokers feel threatened by their business model, Smartbroker is expected to be only minimally affected, according to the analysis firm Montega. The PFOF revenue share is currently around 10% to a maximum of 15% of group sales. Again, the lion's share is allotted to derivative partners, while reimbursements of stock exchange operators have very little commercial significance for Smartbroker. The Hamburg-based firm continues to recommend Smartbroker Holding as a buy with a price target of EUR 14 over the next 12 months.

    Nvidia - Onward and upward

    The share of the developer of graphics processors and chipsets for personal computers, servers and game consoles has gained a whopping 230% to USD 465 since the beginning of the year. According to the initial study by the independent analyst firm Melius Research, Nvidia is expected to have further potential up to around USD 625. Thus, according to the Melius experts, the stock is a buy primarily due to its potential in data centers, while investments in the automotive and software sectors could bring significant long-term rewards to investors.

    The brokerage firm expects Nvidia's data center segment to grow 104% in fiscal 2024 to USD 31 billion, 41% in 2025 to USD 43 billion and 26% to USD 54 billion in 2026. Nvidia is scheduled to release second-quarter numbers on August 23. Analysts expect earnings per share of USD 2.06 on revenue of USD 11.08 billion. On Refinitiv, 40 analysts rated the stock of the high-flyer, with an average price target from the experts at USD 475.

    Coinbase - It is getting serious

    After a long crypto winter, virtual currencies, first and foremost Bitcoin, have been going uphill since the beginning of the year. Thus, the largest currency increased by about 90%. It is still a long way to the all-time high of 69,000 points, but optimism and trading activity on the crypto exchanges are on the rise. One of the beneficiaries is Coinbase. The Company's stock has performed a whopping 250% since January, despite trouble with the Securities and Exchange Commission. The SEC has charged Coinbase with alleged unregistered securities transactions since 2019, though the agency still allowed the crypto trading platform to go public in 2021. Coinbase is pushing for an early dismissal of the case for several reasons.

    Movement on the matter could come today, Wednesday, July 19. Coinbase CEO Brian Armstrong plans to meet privately with a group of Democrats from the US House of Representatives and plans to speak on the future of digital asset legislation.

    Chart-wise, the Coinbase share could pick up further momentum after breaking above resistance at USD 116.30. The next important hurdle would then only be seen at around USD 150.


    After a brilliant start to the new year, analysts continue to raise their price targets. Coinbase continues to show relative strength despite the SEC's lawsuit. Smartbroker Holding is about to launch its latest generation broker and could thus start a price rally.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
    In this respect, there is a concrete conflict of interest in the reporting on the companies.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
    For this reason, there is also a concrete conflict of interest.
    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author



    Related comments:

    Commented by André Will-Laudien on May 7th, 2024 | 08:45 CEST

    Artificial intelligence is on the rise - Nvidia, Super Micro Computer, Mountain Alliance, and Microsoft in focus

    • ecommerce
    • AI
    • chips
    • Digitization

    What James Cameron envisioned as a horror movie in the 1980s with his film "Terminator" has now become a reality: "Machines are taking over thinking". Experts expect the use of artificial intelligence (AI) in digitally configurable processes to result in double-digit productivity gains over the next few years. Not since the introduction of industrial robots have there been such leaps. The flip side of the coin is that jobs are now being destroyed around the globe, as simple intellectual tasks that can be performed by machines will gradually be cut back. Standard services or digital control processes, such as those in call or quality centers, will be particularly affected. From this perspective, the stock market has already mapped out a megatrend for an entire decade and sent selected AI stocks through the roof accordingly. What should investors focus on now?

    Read

    Commented by André Will-Laudien on April 11th, 2024 | 07:15 CEST

    Nvidia, Super Micro Computer, Carbon Done Right Developments - Sell artificial intelligence now!

    • Sustainability
    • CarbonCredits
    • AI
    • chips

    The stock market has been celebrating a significant advancement in productivity on this planet for months: the replacement of human labor with learning machines. What James Cameron envisioned in the 1980s with his movie "Terminator" has now become a reality. The era of job destruction is now underway around the globe. Standard services or control processes, such as those in call or quality centers, are particularly affected. The friendly voice on the phone that takes care of your problem could already be an AI-generated response. You may only notice it when asking questions that deviate from the norm. Economists predict a leap in productivity of over 20% in the next 10 years. However, it is doubtful whether high-tech stocks on the NASDAQ will continue to perform as erratically as they have recently. It may be time to consult a stock market AI. We have a few ideas on this matter.

    Read

    Commented by André Will-Laudien on April 9th, 2024 | 07:00 CEST

    Big Tech in focus - get in or get out? 100% with Singulus, caution for Nvidia and Super Micro Computer!

    • bigtech
    • Technology
    • AI
    • chips

    The direction for the second quarter is still uncertain in the stock markets. Big Tech stocks have so far more than met investors' expectations, but they have not risen across the board for two weeks. This is also causing the NASDAQ 100 index to enter a consolidation phase, which delivered a significant downward swing just last Thursday. The global markets are still characterized by ample liquidity and the hope that the central banks will cut interest rates by the early summer. However, the upward movement has become very selective. Fueled by a flood of money for the "Magnificent Seven", other major markets, such as the Nikkei 225 and the DAX 40 index, also reached new highs. However, investors should now be on their guard, as a correction could be lurking after the upcoming dividend round in April. We delve a little deeper.

    Read