The Zacks Analyst Blog Highlights NVIDIA, Visa, HIVE Blockchain and Accenture
For Immediate Release
Chicago, IL – May 2, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NVIDIA Corp. NVDA, Visa Inc. V, HIVE Blockchain Technologies Ltd. HIVE and Accenture plc ACN.
Here are highlights from Thursday's Analyst Blog:
Bitcoin On Track to Resume Rally: 4 Crypto Stocks in Focus
The cryptocurrency market suffered in the first quarter of 2025 and struggled to rebound in April. The crypto market has been taking a hit as part of the broader market slump. However, the final days of April saw cryptocurrencies staging a rebound, with Bitcoin (BTC) back in the race to surpass $100,000.
Bitcoin price is still more than 10% lower than its all-time high attained in December 2024. However, experts believe that the cryptocurrency is on track to surpass $140,000 once global trade tensions ease and the Federal Reserve resumes its rate cuts.
Given this situation, it would be ideal to buy the dip. We have selected four stocks, namely NVIDIA Corp., Visa Inc., HIVE Blockchain Technologies Ltd. and Accenture plc. Each of these stocks has strong growth potential for 2025 and has seen positive earnings estimate revisions in the last 90 days.
Bitcoin on Track to Surpass $100,00
Bitcoin's rebound came as the broader market rebounded last week after President Donald Trump said that he is ready for trade negotiations with China, while the White House is already having trade talks with several nations. Trump's comments gave the broader market a major boost. Cryptocurrencies also rallied. The momentum continued into this week, with Bitcoin surpassing $95,000 on Wednesday.
Trump's tariff announcement triggered a major stock market selloff over the next few sessions, causing Bitcoin's value to drop below $74,000. However, markets have rebounded since he announced a 90-day halt on tariffs earlier in April.
Market participants are also hopeful that the Federal Reserve could resume its rate cuts after inflation dipped in March for the first time since May 2020. Also, Trump has been pushing for rate cuts to bolster the economy.
The Commerce Department reported on Wednesday that the U.S. GDP shrank 0.3% in the first quarter, raising concerns among investors. However, investors still held their nerves as many believe that one of the major factors behind this is that consumers spent less and saved more after Trump announced reciprocal tariffs. However, the fears have eased substantially over the past few weeks, and the economy may have recovered in April.
4 Crypto-Centric Stocks with Upside
NVIDIA
NVIDIA Corporation is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence and the mining or production of cryptocurrencies.
NVIDIA's expected earnings growth rate for the current year is 41.8%. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. Currently, NVIDIA has a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Visa
Visa Inc. is taking a significant step toward modernizing cross-border money movement. In a move aimed at enhancing the efficiency of global transactions, V is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain. This expansion of V includes collaboration with prominent merchant acquirers Worldpay and Nuvei, marking a pivotal development in the world of digital payments.
Visa Inc.'s expected earnings growth rate for the current year is 12.4%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the last 90 days. V currently has a Zacks Rank #3.
HIVE Blockchain Technologies
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining firm. The company validates transactions on blockchain networks, as well as provides crypto mining and builds bridges between crypto and traditional capital markets.
HIVE Blockchain's expected earnings growth rate for the current year is 72.3%. The Zacks Consensus Estimate for current-year earnings has improved 34.8% over the last 90 days. HIVE presently carries a Zacks Rank #3.
Accenture
Accenture plc is a worldwide system integrator that offers consulting, technology and various services. The company promotes Ethereum-based blockchain solutions to businesses, aiming to simplify payment processing.
Accenture's expected earnings growth rate for the current year is 6.3%. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 90 days. ACN currently carries a Zacks Rank #3.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
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