With markets expected to rally higher, let’s take a quick look at some of the top stocks to consider heading into 2025.
Marathon Digital (SYM:MARA)
One of the best ways to invest in Bitcoin is by buying mining stocks, like Marathon Digital (MARA). For one, MARA typically runs higher with Bitcoin. Two, with Bitcoin expected to rally as high as $100,000 in 2025, MARA could easily soar to higher highs.
Analysts at Bernstein say Bitcoin could rally to $200,000 next year.
Three, the company just cited a higher hash rate as the key reason why the company was able to increase its production in April.
In fact, according to MARA’s Chairman and CEO, Fred Thiel, “October was our best month of bitcoin production since April’s halving event as uptime remained strong and we grew our energized hash rate to 40.2 EH/s, a 14% increase over September.”
Helping, analysts at Cantor Fitzgerald just initiated coverage of MARA with an outperform rating. The firm noted, “MARA used to rely on third parties to host its machines, making it a “sub-optimal way to play Bitcoin.” But it has since “changed course and is now focused on owning and operating Bitcoin mining infrastructure, which we believe will allow MARA to meaningfully reduce its all-in cost to mine,” as quoted by Seeking Alpha.
MicroStrategy (SYM: MSTR)
MicroStrategy (MSTR) is one of the top Bitcoin-related stocks to buy and hold.
With a market cap of $82.33 billion, MicroStrategy (MSTR) provides business intelligence, mobile software and cloud-based services.
It may sound boring. But what makes it really exciting is its 252,220 Bitcoin holdings. That means every time Bitcoin runs, the value of MSTR’s BTC holdings run, which sends shares of MSTR screaming higher.
Even better, they’re not done buying Bitcoin, which could send MSTR to higher highs.
Helping, a significant number of analysts raised their price targets on the MSTR stock.
Barclays, for example, just raised its price target to $275 from $225 with an overweight rating. Canaccord raised its target by $127 to $300 a share with a buy rating. Cantor Fitzgerald raised its target on MSTR by $112 to $312 with an overweight rating. TD Cowen also raised its price target on MSTR by $100 to $300 a share, with a buy rating.
Advanced Micro Devices (SYM: AMD)
With President Trump a big fan of artificial intelligence, you’ll want to keep an eye on AI giants, like Advanced Micro Devices (AMD).
Helping, Wedbush analyst Dan Ives expects for the Trump Administration to focus on strengthening the U.S. position in artificial intelligence. “We would expect significant AI initiatives from the Beltway within the U.S. that would be a benefit for Microsoft, Amazon, Google, and other tech players,” Ives said, as quoted by Investors.com. “Under a Trump Administration we would expect major AI initiatives within the U.S. government including the Department of Defense that would also be a major tailwind (for) AI players.”
All of which could be bullish for stocks like AMD.
Even better, analysts at Evercore ISI just raised their price target on AMD to $198 with an outperform rating. While AMD did forecast a 10% EPS outlook miss, the firm is still bullish on AMD because it continues to gain traction as the No. 2 supplier of accelerator solutions.
In addition, we also have to consider that the artificial intelligence and data center demands aren’t likely to slow any time soon. All of which is great news for stocks like AMD. Also, “While Intel’s Xeon CPUs still power the majority of servers, the most expensive machines now use AMD’s EPYC processors. This is why AMD’s datacenter business unit now outsells Intel’s datacenter and AI business group,” as noted by TomsHardware.com.
Related Reading: Seven unknown AI stocks that could DOMINATE the next six years.
