Top 7 Blockchain Stocks to Watch: Oracle, Riot Platforms, and More
Explore the top 7 blockchain stocks to watch now, including Oracle, Riot Platforms, and others, for potential growth in the blockchain ecosystem.
In recent years, blockchain technology has revolutionized various sectors, from finance to supply chain management. As more industries embrace this technology, investors are keenly watching blockchain stocks for potential growth opportunities. According to MarketBeat’s stock screener tool, seven blockchain stocks are currently standing out: Oracle, Riot Platforms, Applied Digital, Bitdeer Technologies Group, Globant, Core Scientific, and FTI Consulting.
**Oracle (ORCL)**: Oracle Corporation continues to be a global leader in enterprise information technology. Known for its comprehensive cloud software solutions, Oracle offers a range of services, including Oracle Fusion cloud applications and Oracle Advertising. Shares of Oracle have seen an uptick, recently trading at $210.55 with a market cap of $588.89 billion. The company’s strong financials, including a P/E ratio of 48.61, make it a solid choice for investors looking for stable blockchain-related growth.
**Riot Platforms (RIOT)**: As a significant player in the bitcoin mining industry, Riot Platforms operates in North America, providing essential infrastructure and services for institutional-scale miners. Its recent stock performance shows promise, with shares trading at $9.90. Riot Platforms boasts a substantial market cap of $3.54 billion, making it a formidable contender in the blockchain arena.
**Applied Digital (APLD)**: Specializing in high-performance computing infrastructure, Applied Digital is making strides with its datacenter operations across North America. Despite a slight dip in its stock price to $10.79, the company holds a market capitalization of $2.43 billion, highlighting its potential in the blockchain ecosystem.
**Bitdeer Technologies Group (BTDR)**: Bitdeer is a prominent name in blockchain technology and computing, offering innovative solutions like hash rate sharing and comprehensive mining services. Recently, its stock traded at $11.86, with a market cap of $1.33 billion. Bitdeer’s expertise in mining and hash rate management positions it well for future growth.
**Globant (GLOB)**: Globant provides a wide array of technology services worldwide, including blockchain, cloud technologies, and cybersecurity. Trading at $89.89, with a market cap of $3.96 billion, Globant is an attractive option for investors seeking exposure to digital transformation technologies, including blockchain.
**Core Scientific (CORZ)**: As a leader in digital asset mining services, Core Scientific operates extensive data center facilities in North America. Its stock recently traded at $12.05, with a market cap of $3.59 billion. Core Scientific’s strategic focus on blockchain infrastructure and digital asset mining makes it an appealing choice for investors.
**FTI Consulting (FCN)**: Known for its business advisory services, FTI Consulting also delves into blockchain technology through strategic communications and economic consulting. Trading at $163.32, with a market cap of $5.60 billion, FTI Consulting offers a unique blend of services with blockchain integration potential.
These seven companies represent some of the most promising blockchain stocks available today. By investing in these stocks, investors can gain exposure to the rapid innovation and growth within the blockchain ecosystem.