Why Amazon Could Hit $3,000 Per Share

0 | By Michael A. Robinson

By now, I think it’s safe to say that Jim Cramer was dead wrong.

And I was right on the money.

Here’s the thing. I remember very clearly the day that Amazon.com Inc. (AMZN) crossed the $1,000 mark on May 31, 2017.

Cramer, the host of CNBC’s Mad Money looked at the price and slammed it. He said that “psychologically” $1,000 is a lot to pay for a stock he felt was getting ahead of itself.

As the saying goes, that was then and this is now.

No doubt, the tech leader hit a rough patch late last year with the rest of the market. And it has come under fire recently as part of the Big Tech backlash.

Yet, as the firm prepares to report earnings later this week, the stock is once again trading in the $2,000 range, double what Cramer was worrying about.

Not only that, but the “King of E-commerce” is just shy of hitting another historic moment. It’s roughly 2% from having a $1 trillion market cap.

And today, I’m going to show you why I still firmly believe the stock will hit at least $3,000 a share – and likely much, much more than that…

Check it out

The Sky’s the Limit for This Play on the $164.3 Billion Cloud Computing Sector

0 | By Michael A. Robinson

Tomorrow marks the 50th anniversary of one our nation’s greatest accomplishments.

Actually, strike that… It’s one of the top achievements in the history of the human race.

When Neil Armstrong walked on the moon on July 20, 1969, the event was far more than making good on President John F. Kennedy’s moonshot goal.

It cemented our reputation as the most technologically advanced nation on earth.

All across America, folks stopped what they were doing to watch Armstrong on TV as he descended the steps of the lunar landing module.

Today, we take all the computing advances the event signified for granted. After all, our smart phones are more powerful that what NASA had to get us to moon and back.

But what most folks don’t know is the essential, behind-the-scenes role that software played in it all.

That’s why I want to briefly review what happened back then. Along the way, I’ll reveal a tech investment that will help put your portfolio in orbit…

Check it out…