Watch CNBC's full interview with Fundstrat's Tom Lee, Wealth Enhancement's Ayako Yoshioka and Truist's Keith Lerner
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
Truist Lifts COPT Defense Properties (CDP) PT to $30
COPT Defense Properties (NYSE:CDP) is one of the most undervalued stocks. On June 10, Truist maintained a Hold rating on CDP and raised the price target from $29 to $30. With a robust 4.31% yield, the company has consistently paid dividends for the past 34 years, indicating its commitment to shareholder returns. The target price update reflects a refined valuation approach that involves discounted cash flow analysis along with forecasted net asset value. Analysts reported that COPT Defense Properties (NYSE:CDP) is advancing three developments set to launch in 2025, with more projects on deck for 2026 and 2027. The $308 million active portfolio is 62% pre-leased, with 30% of the costs already invested. Occupancy at COPT Defense is forecasted to dip slightly to 91.9% by the end of 2025, compared to 92.3% in the first quarter. The firm also projects a low single-digit positive increase in GAAP rental spreads. A security guard patrolling a defense facility, protecting critical technologies. Analysts indicate that COPT Defense Properties (NYSE:CDP) is unlikely to engage in any mergers, acquisitions, or property disposals in 2025. However, they are factoring in a $400 million unsecured note issuance for the fourth quarter. COPT Defense, a self-managed REIT, focuses on the ownership, operation, and development of mission-critical real estate assets located near or within major US Government defense installations. While we acknowledge the potential of CDP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
a day ago
- CNBC
Watch CNBC's full interview with Fundstrat's Tom Lee, Wealth Enhancement's Ayako Yoshioka and Truist's Keith Lerner
Fundstrat's Tom Lee, Wealth Enhancement's Ayako Yoshioka and Truist's Keith Lerner, join 'Closing Bell' to discuss markets, companies overcoming the fifth stress test and and where they see stocks going from here.
Yahoo
2 days ago
- Yahoo
Why BitMine Immersion Technologies Stock Skyrocketed Today
BitMine's explosive rally continued Thursday as investors placed bullish bets on the company's Ethereum treasury stratgey. Investors are excited to have Wall Street strategist Tom Lee's appointment as board chairman. BitMine is aiming to be a leading Ethereum investment company, similar to what Strategy has done with Bitcoin. 10 stocks we like better than Bitmine Immersion Technologies › BitMine Immersion Technologies (NYSEMKT: BMNR) stock posted another day of explosive gains in Thursday's trading -- ending the session up 130.8%. The company's share price is up roughly 2,450% over the last week. News that Wall Street strategist Tom Lee is joining Bitmine in a push to make Ethereum's Ether token central to Bitmine's crypto holdings has helped kick off a massive rally for the stock. In conjunction with the company naming Lee as chairman of its board of directors, the company announced that it was raising $250 million in a private funding round. BitMine stock began rocketing higher Monday after Tom Lee's board appointment and the massive funding news hit the wire. Lee is the leader of Fundstrat, an investing research firm, and he's been a prominent long-term bullish champion for Bitcoin and other cryptocurrencies. He's scored some big wins with his calls, and his name carries a lot of weight in the crypto space. By selling shares of its stock through a private listing, BitMine will raise $250 million in funding. The capital that it raises through the stock sale will be used with the goal of turning the company into one of the largest publicly traded Ethereum investment companies. The development comes amid rising interest in stablecoins running on the Ethereum network. Tom Lee has an impressive pedigree in cryptocurrency investment, and having him head up BitMine's board of directors will likely open up some big opportunities and help secure additional funding. BitMine will likely continue to sell stock in order to build up its Ethereum holdings, seemingly aiming to do with Ethereum what Strategy has done with Bitcoin. If Ethereum's value continues to rise, this can help BitMine to issue more stock -- potentially creating a cycle that still supports huge gains for its share price. If Ethereum continues to rise over the long term, this type of strategy can have big payoffs -- but there's also big downside risk if the token's valuation falters. Before you buy stock in Bitmine Immersion Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitmine Immersion Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $692,914!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $963,866!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. Why BitMine Immersion Technologies Stock Skyrocketed Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
