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Nasdaq AAPL Apple

Why Zynga's Planned Acquisition Should Boost Growth

5 years 4 months ago
Gaming has been booming as the pandemic has kept people at home more. The mobile video game market in particular has been flourishing. More than 2.5 billion people played a mobile game in 2020, according to one source, 12% more than in 2019.
The Motley Fool

Will 2021 Be a Year of Record High Stock Buybacks?

5 years 4 months ago
Many companies slowed down or stopped their buyback programs entirely in 2020 due to the COVID-19 pandemic. As the world starts to get back to normal, many are now sitting on piles of cash and could start putting it to work. In this Fool Live video clip, recorded on May 17, Fool.
The Motley Fool

Better Buy: Apple vs. Roku

5 years 4 months ago
In the past three years, shares of Apple (NASDAQ: AAPL) and Roku (NASDAQ: ROKU) are up 170% and 800%, respectively. In both cases, those gains crush the 63% total return of the S&P 500, though Roku was clearly the better buy in May 2018.Unfortunately, we can't go back in time
The Motley Fool

3 Tech Stocks To Watch This Week

5 years 4 months ago
Do You Have These Top Tech Stocks In Your Portfolio?While 2020 was a banner year for tech stocks, the sector appears to be taking a breather this year. Sure, when thinking of hot stocks to buy now in the stock market, most would be turning towards reopening plays. After all, pand
StockMarket.com

6 Habits of a Rule Breaker Investor

5 years 4 months ago
In this episode of Motley Fool Answers, host Alison Southwick and Personal Finance Expert Robert Brokamp are joined by Motley Fool Co-Founder and Chief Rule Breaker David Gardner, who is back to share his Six Habits of a Rule Breaker Investor. Plus, Robert reconsiders retiring af
The Motley Fool

Time to Buy the Dip in EV Stocks? Here's 7 to Consider

5 years 4 months ago
This year hasn't been quite as kind to electric vehicle (EV) stocks as 2020 was. As a case in point, Tesla (TSLA) – the closest thing in this space to an established company – saw its shares rise by 743% last year. But the price is down by about 12% thus far in 2021
Kiplinger

Better Buy: Spotify vs. T-Mobile

5 years 4 months ago
Many people use Spotify (NYSE: SPOT) and T-Mobile's (NASDAQ: TMUS) services every day. Spotify is the world's top streaming music platform in terms of paid subscribers, and T-Mobile became the second-largest wireless carrier in America after merging with Sprint last April.
The Motley Fool

Why This Penny Cryptocurrency Could Crush Dogecoin

5 years 4 months ago
By now, you've probably heard of Dogecoin (CRYPTO: DOGE), the meme-inspired cryptocurrency that skyrocketed 12,000% over the past year. Those life-changing gains have captured the interest of investors, and the hunt is on for the next moonshot.
The Motley Fool

How Should Inflation Affect Your Investment Strategy?

5 years 4 months ago
Inflation is starting to tick higher, and many experts think this could be just the beginning. In this Fool Live video clip, recorded on May 24, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss what this could mean for your portfolio, what type
The Motley Fool

Coinbase Card Comes to Apple Pay and Google Pay

5 years 4 months ago

Cryptocurrency exchange platform operator Coinbase (COIN) has announced that its Coinbase Card can now be used to make purchases at locations where Apple Pay and Google Pay are accepted.

The Coinbase Card is a Visa (V) debit card issued in partnership with MetaBank. The card lets Coinbase users spend their cryptocurrencies on purchases or convert them into cash for ATM withdrawal.

Coinbase automatically converts the cryptocurrency the user wants to spend or withdraw into U.S. dollars when the card is used. In addition to making it easy for people to spend their crypto, the card also allows users to earn rewards. For example, users can earn 1% back in Bitcoin or 4% back in Stellar Lumens. Coinbase has promised to expand the opportunities for people to earn rewards with its card.

Apple Pay and Google Pay are globally used mobile payment services from tech giants Apple (AAPL) and Alphabet's (GOOGL) Google. In tying up its card with these services, Coinbase notes that mobile payments are increasing. In the U.S. for instance, mobile payments jumped 29% in 2020.

“Coinbase Card is a debit card so signing up will not impact your credit score and there are no application fees,” Coinbase said on its blog.

Once approved, customers can start spending with these mobile payment services immediately without waiting for the physical card.  (See Coinbase stock analysis on TipRanks)

Last week, JPMorgan analyst Ken Worthington initiated coverage on Coinbase with a Buy rating and a price target of $371, which implies 55.28% upside potential.

“We see Coinbase as both a leading driver and beneficiary of the cryptocurrency economy. We see numerous opportunities for it to grow and expand its footprint in the cryptoeconomy,” noted Worthington.

Consensus among analysts on Wall Street is a Moderate Buy based on 10 Buy and 4 Hold ratings. The average analyst price target of $388.86 implies 62.75% upside potential to current levels.

COIN scores a 7 out of 10 on TipRanks’ Smart Score rating system, suggesting that the stock is likely to perform in line with market averages.

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