Markets

Insider Trading

Hedge Funds

Retirement

Opinion

1281292 - 11759070 - 1

Is Hut 8 Corp. (HUT) A Good Stock To Buy Now?

Is HUT a good stock to buy? We came across a bullish thesis on Hut 8 Corp. on The Mispricing Desk’s Substack. In this article, we will summarize the bulls’ thesis on HUT. Hut 8 Corp.'s share was trading at $119.60 as of June 8th. HUT’s trailing and forward P/E were 28.26 and 84.75 respectively according to Yahoo Finance.

[caption id="attachment_954627" align="aligncenter" width="750"] Image by Лечение Наркомании from Pixabay[/caption]

Hut 8 Corp. (HUT) is increasingly emerging as an AI infrastructure platform rather than merely a bitcoin mining company, yet...