Analyst Recommends Buying This Crypto Stock

We recently published 10 Stocks Everyone’s Talking About As AI Investments Continue. Bitmine Immersion Technologies Inc (NYSEAMERICAN:BMNR) is one of the stocks analysts were recently talking about.

Bryn Talkington from CNBC Investment Committee recently recommended blockchain and digital asset mining company Bitmine Immersion Technologies Inc (NYSEAMERICAN: BMNR). Here is what the analyst said:

“BMNR, take advantage of the volatility. You can buy it today, then sell the November 80 calls and get six dollars and ten cents.”

While we acknowledge the potential of BMNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.