Short sellers have their knives out for GoPro Inc.
And that’s the least of the wearable sports camera maker’s problems right now.
GoPro’s share price seems to be flopping around wildly on news: surging 11% after a new product announcement, then sinking the same after the company’s founders found a loophole that allows them to sell some of their stock early.
The stock has spiked again since then – but I don’t expect that to last.
I believe GoPro has done this well for this long – soaring more than 180% since its June initial public offering – because it is the poster child for a market sector that is set for a major boom.
According to the IDC forecasters, wearable tech will grow 78.4% through the end of 2018. If we want to get on the road to wealth that tech provides, then this is a sector we must cash in on.
But I don’t want us to get hurt by messing with a risky stock like GoPro.
That’s why today I’m going to show you a way to play the entire wearable-tech sector with a single investment that offers both safety and big profits…
The number of companies racing to find an Ebola treatment is increasing. All drugs remain in the testing stage, but that hasn’t stopped investors from piling into these “Ebola stocks.”
Chimerix Inc. (Nasdaq: CMRX) climbed 5% Monday on reports that the Ebola patient in Dallas was being treated with its drug, brincidofovir. However, that patient died this morning, and the company saw its stock drop nearly 12% in the first hours of trading.
That makes trading around this news extremely risky, and Michael appeared on Fox Business yesterday to share his thoughts on how dicey it is.
More than a half-dozen “Ebola stocks” are in the race for approved treatment, and they’re all screaming for our attention – so watch this before investing…
Apple Inc. (Nasdaq: AAPL) just gained major traction against rival Samsung Electronics Co. Ltd. (KRX: 005930). The South Korean company slashed its third-quarter guidance late Monday night, revealing a 60% drop in quarterly operating profits.
Michael appeared on Fox Business yesterday and let us know what’s got Samsung’s smartphone against a wall…
When baseball fans recall the National League pennant race of 1951, most remember the so-called “Shot Heard ‘Round the World” – the walk-off homer that New York Giants slugger Bobby “The Flying Scot” Thomson hit off fireballing Brooklyn Dodgers reliever Ralph Branca.
New York Giants fans often remember the affair as “The Miracle of Coogan’s Bluff” – a reference to the location of the Polo Grounds, the broken-down, U-shaped park in Upper Manhattan that their team called home.
But Brooklyn Dodgers players and fans remember their team’s pennant-race disaster by a wholly different name.
They called it the “Creeping Terror.”
It’s a great story.
And it’s also a metaphor for the record run we’ve seen in U.S. stocks – and a warning that investors always need to be watching for the unseen, unexpected risks that can trip you up just when you think you’re “home free.”
And you folks aren’t the only ones who should heed this warning. The investment pros on Wall Street and U.S. Federal Reserve Chair Janet Yellen would do well to pull up a chair and pay attention here.
To help you all, at least, let’s start with the story – which is timely in topic, given that we’re getting into baseball’s prime pennant season.
And then I’ll return with the warning – and with 18 investments you can use to protect yourself and profit just in case this record-setting bull market succumbs to the “Creeping Terror.”
Just like the ’51 Dodgers…
Now that eBay Inc. (Nasdaq: EBAY) is spinning off PayPal into its own public company, everyone is asking one question.
Which will be the better stock?
While PayPal won’t go on its own till 2015, Michael already has his pick. And he shared it Tuesday on Varney & Co.