EF Hutton, one of the top stock brokerage firms in the US, is helping push investor confidence in cryptocurrencies. It is now providing coverage of seven different digital currencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Eos (EOS) and Cardano (ADA). In addition to ranking the tokens, it will also “provide equity research coverage of companies involved in cryptocurrencies and other digital assets.”

The firm will use a rating scale to rank each of the cryptocurrencies, with one representing a negative outlook and five being a positive outlook. So far, BCH is on top as it has received five stars.

According to the company’s CEO, Christopher Daniels, “Our rating on BCH is five stars. In our rating scale – 5-stars is the highest and best rating that can be assigned to an instrument. It means that we foresee significant appreciation within the next 12 months.”

In determining each currency’s ranking, Daniels indicated that the company looks at each one separately, as well as in relation to other cryptocurrencies. He explained, “We consider short, medium and long-term factors that will impact the price of the instrument, however our rating is based on our view of the instrument in the next 12-months.”

He further explained that the company first looks at “the purpose for which the instrument was originated. We look for intrinsic purpose-driven of demand.” Following this, it analyzes “how the instrument is positioned versus other instruments that may overlap with its originated purpose.”

“For example,” says Daniels, “technology and other factors that may give one instrument an advantage over another instrument. A good example of this is BCH’s design to address some of BTC issues.” He added, “After we complete our instrument specific analysis we look to other issues that can impact the supply and demand equation. For example, liquidity. We consider the extent to which peculators attracted to the instrument and thereby add to the liquidity of the instrument.”

EF Hutton was founded in 1904. It offers a variety of financial services, including online investment vehicles. It is a subsidiary of Hutn Group, Inc., owner of the online service provider Megga and mobile communications services provider Vibrant Mobility.