TipRanks
2022-02-16 21:22:10

Voyager Digital: An Undervalued Crypto Stock With Over 100% Upside

If you’re looking for one investment vehicle to tap into this year, then H.C. Wainwright’s Kevin Dede thinks Voyager Digital (VOYG.TO) should be at the top of the list. The analyst calls the cryptocurrency platform his “favorite stock pick this year,” doubling down on his positive thesis for the company following Voyager’s excellent December 2021 quarter (F2Q22) results. If you want to get an idea of how fast Voyager is growing, a look at the top-line figure compared to a year ago will suffice. Revenue for the quarter hit $164.8 million, a 4400% increase on the $3.5 million reported for the same period in 2020.

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