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How does Zacks determine the strong buy ratings for cryptocurrencies in 2018?

avatarARRNov 26, 2021 · 3 years ago3 answers

Can you explain the methodology used by Zacks to determine the strong buy ratings for cryptocurrencies in 2018? What factors do they consider and how do they analyze the market to come up with these ratings?

How does Zacks determine the strong buy ratings for cryptocurrencies in 2018?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Zacks uses a combination of quantitative and qualitative analysis to determine the strong buy ratings for cryptocurrencies in 2018. They consider factors such as the project's team, technology, market potential, and competitive landscape. Additionally, they analyze market trends, news, and investor sentiment to assess the overall strength of a cryptocurrency. By combining these factors, Zacks aims to provide investors with valuable insights into the potential of different cryptocurrencies.
  • avatarNov 26, 2021 · 3 years ago
    Zacks takes a comprehensive approach to determine the strong buy ratings for cryptocurrencies in 2018. They closely evaluate the fundamentals of each cryptocurrency, including its underlying technology, use case, and market demand. They also consider the project's team and their track record. Furthermore, Zacks analyzes market trends and investor sentiment to gauge the potential growth and adoption of a cryptocurrency. This holistic analysis helps Zacks identify cryptocurrencies with strong potential for investment.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to determining the strong buy ratings for cryptocurrencies in 2018, Zacks follows a rigorous research process. They leverage their expertise in financial analysis and market research to evaluate the fundamentals of each cryptocurrency. Zacks also considers industry trends, regulatory developments, and market sentiment to assess the overall market conditions. By combining these factors, Zacks aims to provide investors with reliable and actionable recommendations for investing in cryptocurrencies.