Market Madness Round 1: AbbVie (#2) vs Coinbase (#15)
Welcome to our 7investing March Madness competition! Throughout this campaign, we\u2019re matching popular stocks up against one another to determine which will be the best investment over the next three years. And then, by voting in the poll at the bottom of the article, you can help us determine which stock will go on to the next round!
\nOur rankings are determined by the total return of the stock during calendar 2022. The highest-ranked stock had the best overall return of those in our tournament, and our lowest-ranked stock had the lowest overall return.
\nIn this first-round matchup, the second-seed pharmaceutical powerhouse AbbVie (NYSE: ABBV) is up against the cryptocurrency exchange Coinbase (NASDAQ: COIN). AbbVie\u2019s stock returned 23% in 2022, while Coinbase\u2019s stock fell (86%).
\nBut past performance is not predictive of future returns. Which of these stocks do you believe will provide investors with the best forward three-year return? Read our investing thesis and cast your vote in the poll below!
\nFollow along with our Market Madness tournament at 7investing.com/marketmadness
\nOur Market Madness tournament is in support of our new 7investing Starter membership, which we are giving away free during the entire month of March. To get started with Starter \u2014 and to see how it\u2019s already beating the market by 20 percentage points \u2014 click here to automatically apply your \u201cmadness\u201d promo code.