Wall Street crypto masterminds, plus an interview with a dogecoin millionaire
The definitive collection of the best investing stories Business Insider published during the week ended June 5.
Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week.
Citi; Deutsche Bank; ARK Invest; Courtesy of Lisa Shalett; Shayanne Gal/Insider
Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through the current market and investing landscape. Here's what's on the docket:
- We spoke to 11 of Wall Street's top crypto experts, each of whom is producing must-read research on the subject. Hailing from firms like Bank of America and JPMorgan, they explained to us how they became involved with crypto research, and shared their industry outlooks.
- The CEO of crypto wealth manager Wave Financial told us how he helps sophisticated clients find high yield in the DeFi market. He also shared the areas where he's investing in now, including 3 tokens to watch.
- Glauber Contessoto became a millionaire in April after investing in dogecoin two months prior. In an exclusive interview, he shared with Insider why he's holding on - and buying the dip any chance he gets.
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Interviews with Wall Street's crypto masterminds
Dado Ruvic/Reuters
We spoke to 11 of Wall Street's top crypto experts who are helping investors understand and trade the ongoing mania. They hail from firms including Bank of America, JPMorgan, Morgan Stanley, and Deutsche Bank.
The impressive group of pros told us how they became involved with crypto research, and shared their industry outlooks.
Read the full story here:
Meet the 11 crypto masterminds at Wall Street firms like JPMorgan, Bank of America, and Morgan Stanley who are helping clients understand the mania - and successfully invest in it
DeFi strategies
Wave Financial is one of the largest crypto wealth managers and caters to high-net-worth individuals. David Siemer, the firm's CEO, explains how he helps sophisticated clients find high yield in the DeFi markets. He also shares the areas where he's investing in now, including 3 tokens to watch.
Read the full story here:
The CEO of one of the largest crypto wealth managers shares his tricks for playing the DeFi market - and lays out 3 tokens with surging revenue streams
Meet a dogecoin millionaire
Glauber Contessoto became a millionaire in April after investing in dogecoin two months prior. In an exclusive interview, he told Insider he believes cryptocurrency is the future and that dogecoin will be used for everyday transactions. Recent market volatility doesn't bother him. Instead, he uses the dips to buy more doge.
Read the full story here:
A 'dogecoin millionaire' explains why the recent drop does not shake his bullishness in the meme coin - and shares his advice for new buyers
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Stock pick central
Seeking experts who are willing to name names? Look no further:
- BANK OF AMERICA: Buy these 36 dirt-cheap small- and mid-cap stocks that will soar as the global economy reopens and inflation heats up - including 5 expected to surge at least 60%
- Goldman Sachs shares 11 stocks to buy as the global economy recovery gains steam and companies with high international revenues crush their domestic-facing peers
- UBS says these 11 overlooked stocks are among its top picks - and unearths the catalyst that could send each one soaring 25%
- Morgan Stanley identifies 28 underappreciated, high-quality stocks to own as the market's most expensive names are due to continue underperforming
- Bank of America says these 4 tech stocks are poised to soar as global economies reopen - including 2 that will become market leaders in the race to solve the semiconductor chip shortage
- Goldman Sachs says to buy these 11 'shared favorites' stocks loved by both hedge funds and their mutual-fund counterparts
- Credit Suisse says European stocks are gearing up to outperform as the continent recovers from COVID-19. They share where they see the best opportunities - including these 22 stocks and 4 countries
- A Wall Street portfolio strategist shares 7 travel stocks to buy - including 2 with more than 100% upside - as investors continue underrating the sector while international trips resume