In 1977, outfielder Reggie Jackson was on top of the world.
Arguably the best player of the Oakland A’s dynasty, which won three straight World Series, Jackson was also the very first big-money free agent. He is also legendary for the three towering home runs he hit in during Game Six of the ’77 World Series. It was that feat that earned him the name Mr. October.
Since retiring in 1987 with five World Series rings, Jackson has been able to turn another of his great passions – American muscle cars- into a thriving tech-centric business.
The Hall of Famer’s interest in automobiles harks back to the days he spent in Rural Pennsylvania helping his father fix the vans needed for the family’s dry cleaning business.
Jackson, a case study in self-reinvention, recently launched ReggiesGarage.com. He hopes to leverage his fame and auto expertise to tap into a classic-car specialty parts market -a market that analysts have pegged at $36 billion.
Jackson started working on this specialty startup years ago. And now, following a recent team up with one of the world’s largest tech firms, Mr. October’s website is bound to be a home run for investors…
Editor’s Note: Michael is on vacation, but he’ll be back later this week with big news on his “favorite metal.” Until then, he’s asked us to rerun this report on “special situation” investing. If you’re a recent subscriber, this report could open up a whole new realm of profit-making. We hope you’ll check it out.
I’m going to share a secret with you today…
I’m going to tell you about a surprising place to find windfall tech profits.
Wall Street refers to them as “special situations.”
You might call them “turnaround plays.”
High-potential tech turnarounds don’t come along that often and can be tough to find.
But the payoff can be well worth the search.
So let me start by showing you the four tell-tale signals that can help you find these big-profit stocks…
When it comes to sugar, I’ve been way ahead of the U.S. Food and Drug Administration.
A few years back, after taking a close look in the mirror, I committed myself to eating better, exercising more… staying in shape.
As part of that regime, I cut sugar out of my diet almost entirely, including my all-time favorite snack – dark chocolate.
But on May 20, the FDA caught up with me.
That’s the day the federal agency approved sweeping changes to food labeling. The FDA adjusted serving sizes to reflect how much people actually eat and started requiring food and drink companies to list added sugars.
As someone who hopes others can save their health before it’s too late, I applaud the FDA’s new standards.
And as a tech stock specialist, I see the FDA’s move as part of an “unstoppable trend” – and that makes the anti-sugar tide a moneymaking opportunity.
You can get in on this trend by buying and holding shares in a stable-but-growing food company. This stock may sound “boring” at first – but there’s at least three “rocket-booster” catalysts behind it that are going to drive the shares higher for years to come…
Its global brands build a nearly insurmountable moat around its core business.
It has a superb history of dividend growth.
And it’s targeting fresh new growth by using biotechnology to produce “medical foods” aimed at our increasingly low-sugar diets.
And get this – you probably think of it as a “chocolate milk company.”
Investors have long sought out dividend-paying stocks not only for the income, but also for their superior returns.
This is especially true when dividend payers up their payouts each and every year.
Silicon Valley arrived relatively late to the “dividend game.” But now, thanks to all the cash the top tech companies have built up since the end of the financial crisis – and pressure from activist investors to spend it – the Valley is in big.
In fact, many of the Valley’s top companies are well on their way to becoming dividend royalty – stocks that increase their dividend annually for many years in a row.
And that’s good news for tech investors like you, because the value of dividend stocks tends to rise steadily over the years. So like I said on May 10 – when I recommended First Trust NASDAQ Technology Dividend Index Fund(NYSE: TDIV) as a “one-stop” play on this emerging trend – dividend payers should become a part of your tech investing portfolio.
Now, let’s take a deeper dive and take a look at five tech firms with a solid track record of dividend growth. Only the healthiest, most stable companies can raise their payouts over many years.
Quick: Choose between buying 1) a biotech exchange-traded fund that trades about 2.3 million shares a day, or 2) a tech ETF that trades less than 7,300 shares per day.
If you chose 1, in this case you’d be wrong – but I understand your decision there.
After all, I just told you that to make money in tech stocks you must consider volume along with price action, fundamentals and other factors. That’s because some micro-cap stocks are so thinly traded that you might not be able to get out quickly should you need to.
Personally, I like to see at least 50,000 shares trading hands daily on small caps – and much more for larger firms. And 7,300 shares a day is far below those sorts of numbers
However, when it comes to ETFs, volume is much less important than three other metrics you should consider when looking at these funds.
These three elements can mean the difference between riches and financial ruin.