But for me, Apple is not just a way to make money. Sometimes it seems like my whole life depends on Apple products and the Silicon Valley legend’s unique tech “ecosystem.”
So, when I tell you that Carl Icahn’s recent bullish stance on Apple is wrong, I speak from both my head and my heart.
Icahn made waves last week when he said Apple shares are worth $240… right now.
Sure, I’d love to see Apple shares make the 81% gains Icahn is calling for – and they probably eventually will. But in this case, I think the famed corporate raider and activist investor is way off base.
Amazon.com Inc. (Nasdaq: AMZN) made headlines a few days back when it revealed first-quarter cloud sales of $1.56 billion.
That’s a stunning year-over-year gain of 49%. And CEO Jeff Bezos says his company’s cloud-based Amazon Web Services will likely be a $5 billion business this year.
I always recommend that you focus on growth, but in this case, I believe there is more stable way and affordable to play the cloud. After all, Amazon’s profits dipped in the first quarter – and the e-commerce giant’s stock remains a tad volatile.
No doubt, Amazon’s and the overall market’s swings can be unnerving and lead some investors to want to throw in the towel.
However, you won’t be doing that after you learn more about the upside I see in three of tech’s hottest sectors, including cloud computing, for the rest of the year.
On Thursday, for the second time in six weeks, the shares of one of our “Million Dollar Tech Portfolio” holdings gained more than 16% in a single session. (The first time that occurred was back on March 13.)
Really, this company’s stock is just crushing everything in its path. Since March 6, the Standard & Poor’s 500 Index is down 0.14%.
This all just underscores what I told you when I first introduced “The Million Dollar Tech Portfolio”: If you want to make life-changing gains through your stock portfolio, you simply must invest in technology.
I hope you invested in shares of this company when I first recommended them. But if you didn’t, you may be wondering if it’s not too late to buy shares…
In the wake of another box-office hit, Avengers: Age of Ultron, WaltDisneyCo. (NYSE: DIS) stock is peaking at all-time highs. Over at Fox Business, Michael weighed in on the company’s success and whether Disney stock is still worth buying.
Before he left, Michael also commented on the decision by Panera Bread Co. (Nasdaq: PNRA) to remove more than 150 ingredients from its food in an attempt to go all natural. Is this a PR stunt? Or is Panera tapping into a bigger global trend?