The picks are based on four catalysts:
“Catalyst No. 1: Mainstreaming of digital assets/blockchain. We believe the adoption of digital assets in both institutions and retailers will continue.
■ “Catalyst No. 2: Web3, which is largely built on blockchain and focused on decentralization.
■ “Catalyst No. 3: ESG [environment, social, governance]. The Glasgow Climate Pact will likely accelerate some key actions to protect the climate.” That’s especially good for S&P Global, Oppenheimer said
■ “Catalyst No. 4: Mergers and Acquisitions. In 2021, we saw a number of small and medium-sized deals…. The expectation is for [that to continue].” And Coinbase may be a buyer, Oppenheimer said.
Credit to @ thestreet
