Today's video is going to be a straight up, banger, there's so much to talk about kathy wood loading up on coinbase hsbc, actually banning coinbase. On these same day, draftkings going berserk new deal with the nfl. The bond yields are plummeting down, which means good news for tech stocks. There's a lot to cover in this video.

I just covered the tip of the iceberg, there's so much to talk about you wan na stick around for this before we get started. Just a quick hello: this is your first time here. It's gon na be a little bit fast. Don't worry, there's nothing to click, nothing, to smash, nothing! To subscribe! No courses just listen up! I just need your attention.

My name is tom. I used to be a senior financial analyst now i'm 100 full-time youtuber talking about the economics, the financial markets and the stock market. Oh my goodness, kathy wood shocks the world. Again, i don't mean to sound like dj khaled, but another one.

Here we go again kathy. Would just purchase 350 million dollars worth of coinbase stock through the second day dip, and now she has over one million shares of coinbase in the various arc, invest funds, as you can see, on the screen right now. The breakdown is right in front of you, but that's not really. What we're here for the question for me is: do i think it's a good idea to buy coinbase now at this price, and again this is just my opinion.

This is not financial advice might be, inaccurate might be, biased, might be wrong, might be the ramblings of a madman. You got ta, do your own research, allegedly blah blah mother effing blah. Now in this video i want to present my case as well as show you what other analysts are saying about coinbase, and do we think that coinbase is a buy at 322 wherever it's at right now? As of the making of this video, it's at 322 and 75 cents pre-market it's down a little bit to 321 16 cents, so it's pretty much hovering around 320. So the question is that what kathy would just do right now is actually a good idea.

So before i talk to you about my own opinion mwah, i want to show you what other smart people are saying about this company and for that, if you've been watching my channel, you know i always had two actual tip ranks, which is the site where i Go to check what other accomplished people are saying about this company. When i do my research, that's my go-to place to separate the bad analysts from the good analysts. I always like to look at the top performers see what they're saying about companies i'm actually researching. Now.

I've been using this service for a whole year. They've literally just gave me an affiliate link a couple days ago. It's in the description. So, if you want to sign up for their ultimate plan, go to the link sign up and you'll also be supporting the channel.

It will be greatly appreciated, and this is the actual tip ranks page for coinbase. This is the actual price right now 322 dollars and their average price is 536 dollars, with the bulk case, going all the way up to 650 low case to 394, which is still 70 dollars higher than the current price. Not a lot of analysts only four and from them there's only one five star guy mark palmer, but he is legit. Legit.

Look at him. 147 in the nation out of 7 455 analysts, meaning he's in the top three percent in his business and he's actually extremely successful, so he has coinbase at 500 with a 55 upside, i'm not gon na, invest in stock or formulate my opinion about stock. Based on what mark palmer says, with all due respect to mark and btig, i want to do my own research, but it's comforting to know that the smart accomplished guy is actually saying that this stock is 55 undervalued. Now what i did i essentially looked at the data a few days ago, on april 6, coinbase released the q1 estimates, the first quarter.

Estimates and the numbers are really impressive, as you can see right here, they have all these numbers, but the main thing i want to point out to you in this video is that they've created a revenue of 2 billion dollars just short of two billion dollars in Q1 and as you know, i always create my own dcfs and i use that information to simulate this tcf. I've created a straight line growth for this year, generating 4.5 billion of ebitda, and i actually gave it only 20 annual growth for the next five years. Essentially much slower than what the company is actually growing it, and on top of that, i added a lot of constraints to keep it much more conservative, for example, i have five billion dollars in the next five years going into infrastructure. I also have almost no depreciation.

Almost no amortization just to create a higher tax burden for this company and the cool part about it is the number you're about to see on the screen right now, basically, based on my extremely conservative, ten percent discount rate and basically what i did after year. Five is a four percent annual growth and the perpetual growth and the 25 x multiplier, giving me these numbers 529 dollars per share with a 64 upside sorry. That number threw me off that was kind of high, but i believe in it. I think that, based on their current numbers and what we've seen from them so far, this shows me that this company is still undervalued.

So basically, according to my dcf, even if they invest five billion dollars in infrastructure - and they just keep growing at twenty percent per year - lowering it to four percent from year, six they're still sixty percent undervalued. But again this is a risky investment because it has to do something with bitcoin and cryptocurrencies. So it's not for everyone. I get it, but for me kathy's decision to buy the dip for coinbase.

I don't know if you can call it a dip. It's just day. Two of the trading - but i mean kathy's decision i think, was a good one, and how funny is that, while this was going on the next story of the day, was that hsbc on the same day was reportedly barring customers from buying coin-based talk, because they think It's too risky, and you know every time i hear an institution trying to protect me, the small investor i get suspicious. It sounds fishy to me.

So there's really two explanations here that make sense, and i don't know which one is true. It might be just the case of risk management at hsbc, not understanding how important, bitcoin and cryptocurrencies are, and just essentially getting cold feet which might be what's going on, because the risk management in these businesses is a lot of the time destructive to their opportunities. To get into new economies and emerging markets might be the case, or it might be the case where hsbc trying to win to china and trying to play ball with their new cryptocurrency, essentially pushing bitcoin away. I don't know exactly what's going on what kind of politics is going on here and honestly, i don't care if you're a client of hsbc and they just prevented you from buying coinbase stock.

Why would you stay now for the next story of the day we got draftkings up five percent in pre-market, and it seems just about to heat up even more draftkings just announced as the official sports betting partner of the nfl, meaning that on their website on the App they're going to have their integrated bidding platform inside nfl stuff on nfl's own platform. This is huge. I've been saying it for a while. I think draftkings is a really good stock, and this is just another sign of it.

Now, speaking of draftkings there's a little piece of update, i owe you guys, as you know, we talked about draftkings and nvidia and both of them actually hit my target prices. As you know, whenever we hit my target price, i do a complete re-evaluation. What i think about the stock so nvidia just crossed the target price. We made 19 nvidia.

The target price was 600, it's already at 645, so we got ta reevaluate that but also draftkings with this new announcement, but also draftkings with this latest news are at sixty dollars, which means they're one dollar away from the target price. I said we also did nine percent of draftkings very nice, 19 and nine. Now we have to make a decision which one we want to keep which one we want to get rid of, and in both of these cases i just want to let you know, i'm keeping both target price goes up on both i'll put up a separate video Updating you about the new target price, but i'm hanging on to nvidia and draftkings and by the way this table as well as all my stock diligence, which i post on patreon, is available at five dollars per month. You can sign up.

You can also support the channel, which is greatly appreciated. The link to join will be below and for the final story of the day we got the usd bonds, the 10 years going down sharply, and that usually means good news for the tech stocks. This is really good news for a lot of the companies in our portfolio, i'm really pumped to see the market today and tomorrow. This trend seems to be pushing down, which means that the whole inflation scare might not be as worse as i originally thought.

That's one case where i'm happy to be wrong: hallelujah, thank god. I hope john paul is right again. I have my own opinions. Go watch my other videos, but if this is the case at least for now, we get to rejoice as always, a huge shout out to our channel members and our patrons.

If you wan na sign up the link, is gon na be below five bucks a month and you're supporting the channel. You guys are making this possible for me to make these kind of videos. Thank you. So much we'll see you tomorrow.