You’d hardly consider the daily paper to be a pioneer in cutting-edge technology.
Sure, most papers maintain a strong online presence – and some are even true innovators.
However, most daily papers are slowly dying – and plenty are already kaput.
So, it comes as a surprise that Gannett Co. Inc. (NYSE: GCI) – the publisher of USA Today and more than 90 other daily papers – is leading the way in a brand-new tech sector. The USA Today Network will be the first media company to broadcast a regularly scheduled news show in virtual reality(VR).
Set to launch in the spring, VRtually There shows how VR technology is on the verge of mass adoption.
It’s a sector that could be worth $150 billion by the end of this decade.
It’s already being adopted by video-game developers, film studios and TV broadcasters.
And as VR develops, it’s going to disrupt healthcare, education, manufacturing and other huge sectors
Now, I’ve found a high-tech leader that’s poised to benefit from VR’s rapid growth in all these areas.
When you think of “connected” devices, you probably picture your smartphone… or maybe your tablet.
But that’s just the start.
You see, the coming wireless revolution will go far beyond those handheld mobile devices.
By 2020, we’ll be using 50 billion connected “things” worldwide.
I’m talking about “connected” cars, factory robots, thermostats and household appliances, vending machines, industrial tractors and plows, warehouse forklifts… well, everything.
To make this revolution possible, our wireless Internet is going to have to get faster – much, much faster, in fact.
We’ll get there by migrating to a whole new ultrafast wireless ecosystem known as 5G. Once this huge breakthrough in mobile communications takes hold, the wireless Internet will run up to 50 times faster than existing 4G connections.
With 5G, you’ll download a movie onto your smartphone in seconds. (It now takes several minutes.)
But that’s trivial compared to the big ideas that 5G is going to make possible… concepts like driverless cars and the Internet of Everything.
On Feb. 22, Verizon Communications Inc. (NYSE: VZ) made a $1.8 billion acquisition that underscores this massive shift – and it largely flew under Wall Street’s radar screen.
Today, I want to tell you about this bit of news – and what it means for 5G.
And I want to show you a way to invest in this unstoppable trend that combines high yields and market-beating gains.
Imagine a “dongle” – a plug – hooked up under your steering wheel.
This gadget connects to your car’s computer, where it allows high-tech sensors to analyze and record your driving habits. Your speed… how often you brake… where you travel… what time you drive – this dongle knows and remembers it all.
That may sound like a huge invasion of privacy.
And it is.
But in this case, the “invader” isn’t some hacker or Big Brother – it’s your auto insurance company.
If you agree to be monitored this way, your insurer will use the data to better assess your risk level, saving itself money. And if you’re a good driver, this invasion will substantially reduce your premiums, saving you money.
That’s a win-win.
It’s known as usage-based insurance (UBI), and these on-board diagnostic (OBD) dongles aren’t some “on-the-horizon” tech.
Already, 155 million cars in North America can be hooked up to OBD “telematics” devices. And as we trade in our old models for new connected cars, that number grows bigger every day.
Analysts at one firm predict that by 2020 more than 50 million U.S. drivers will be UBI customers – way up from around just a million today.
That makes OBD an enormous tech investment opportunity.
Best of all, you don’t have to gamble on a risky small-cap or waste your cash on some fly-by-night startup to invest in these dongles and the profit opportunity they represent.
Back on Jan. 8, I called on Virginia Rometty, CEO of IBM Corp., to unlock the shareholder value living deep inside her company.
In an open letter that I sent to IBM headquarters, I said she could do so by “spinning off” Watson – the world’s most powerful and intelligent computing system and the heart of IBM’s fast-growing artificial intelligence (AI) unit.
I stuck my neck out publicly like that because I believe a spinoff to be Rometty’s best bet for liberating Watson-based growth from the money pit that IBM has become over the past four years.
It looks like Rometty may be taking my advice to heart.
That’s because, based on a major Watson-related move Rometty just made, the case for a Watson spinoff just got much stronger.
I’ll never forget the time I interviewed the late Rose Bird, then the Chief Justice of the California Supreme Court.
At the time, Bird was getting ready for her re-election campaign and had done a series of media interviews in a bid to garner the public’s support.
I was a legal affairs analyst for the San Francisco Examiner. After putting Chief Justice Bird on the hot seat, I filed a page-one story predicting that Bird would go down in defeat.
And I didn’t stop there…
My deep-background research with my network of contacts convinced me a slew other justices would also lose their re-election bids. The reason? Their rulings on one hot button issue – the death penalty.
I don’t bring this up just to toot my own horn. But only to let you know that when it comes to analyzing controversial and complicated legal matters, I’m pretty good at reading the tea leaves.
So you can believe me today when I tell you who I think will win the simmering dispute between the FBI and Apple Inc. (Nasdaq: AAPL)…
At least that’s what the mainstream media would have you think.
After the wild swings we saw through the first six weeks of the year, Friday’s 0.2% decline in the S&P 500 may have seemed like little more than a bump in the road. But according to what I’ve been hearing and reading, that small decline highlighted the market’s fragility.
Friday’s dip was a signal that “the market has yet to shake worries about corporate profits, economic growth and the trajectory of interest rates,” according to one article in The Wall Street Journal.
In fact, the S&P’s small loss for the day confirmed an uptrend that began Feb. 11.
Further, yesterday’s action was another confirmation that the bull market is back on.
So, today I’m going to literally show you why I’m so optimistic about a market rebound. And I’ll show you why – despite what the mainstream financial press wants you to believe – now is no time to be sitting on the sidelines.