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1 Monster Stock Up 340% in the Past Year to Buy and Hold Long Term

Everything is going right for Coinbase right now, so the rise in shares may not be over.

By Travis Hoium – Mar 11, 2024 at 6:00AM EST

Coinbase (COIN +6.23%) is up 341% over the past year as the crypto industry made a quick recovery from 2023 lows. Now, Bitcoin ETFs are one of the hottest investments and Coinbase is riding the wave.

In this video, Travis Hoium shows why Coinbase is primed for a phenomenal 2024.

*Stock prices used were end-of-day prices of March 8, 2024. The video was published on March 9, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Coinbase Global and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Coinbase Global Stock Quote
Coinbase Global
NASDAQ: COIN
$195.90
(+6.23%)+$11.49

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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