How This Candidate for President Could Drive Your Tech Shares Higher

15 | By Michael A. Robinson

Technology is the engine of the U.S. economy.

So wouldn’t it be nice if we had a president who understood the Internet of Everything, Big Data, cloud computing and all the other paradigm-altering advances coming out of Silicon Valley at an incredibly rapid pace.

Well, there is a candidate for president hitting the campaign trail now who is well-versed in all these “pools of innovation.”

She’s largely running under the radar of the mainstream media and the U.S. political establishment right now – so you may not know about this candidacy yet.

But you should.

I’m not endorsing her (yet), but today I want to tell you all about her.

And then I’m going to show you why her candidacy – whether she wins or loses – is good news for technology investors like you…

The Silicon Valley Candidate

I think the 2016 presidential election will be extremely important, especially when it comes to the economy and technology’s place in it.

That’s why when Republican Carly Fiorina threw her hat into the ring I took notice.

After all, Fiorina was the most powerful woman in business during her 1999-2000 stint as CEO of Hewlett-Packard Co. (NYSE: HPQ), shares of which have had a peak gain of 64.3% since I first recommended them to you in July 2013.

Carly Fiorina is the presidential candidate from Silicon Valley.

Not only was Fiorina the first female to lead a Fortune 20 company, but she served as the captain of a global tech enterprise that was struggling to navigate through the troubled waters of the early 2000s.

And let’s be honest here. HP was a tough ship to steer.

Fiorina instigated the merger between HP and Compaq Computer Corp. in 2002, which ultimately strengthened HP’s market position and enabled the Silicon Valley pioneer to become a major player in desktops, laptops and servers.

On the other hand, Fiorina laid off 30,000 people as a result of the merger. And HP’s stock price dipped more than 50% during her tenure.

Fiorina’s decision-making ruffled the feathers of her board of directors (HP founder Bill Hewlett’s son Walter Hewlett in particular), and she was ousted in 2005. But when she left, the company was operating in 170 countries – 50 more than when she took the job.

And she left with the respect of other tech leaders.

Since 2005, she’s joined several powerful boards, including the Massachusetts Institute of Technology Board of Trustees and the Foundation Board of the World Economic Forum.

Now, as I said before, the White House could use a leader who eats, sleeps and drinks tech. A truly tech-savvy president would ensure that the United States and Silicon Valley remain at the forefront of global innovation.

Here’s why that’s important to you.

Why You Want a Tech-Savvy President

At this point, there is no turning back the Digital Age.

That’s why it’s critical to have someone in the White House who understands the fundamental role technology plays in our lives and, more importantly, in our economy.

Fiorina has been arguing for nearly 15 years that the United States must become more competitive on the global stage to keep its innovative edge.

And she’s right.

The lowering of barriers to foreign investment has strengthened markets across Asia. That’s why some of Asia’s wealthiest tech companies are investing in the rising stars of Silicon Valley.

Earlier this year, e-commerce giant – and Million Dollar Tech Portfolio holding – Alibaba Group Holding Ltd. (NYSE: BABA) invested $200 million in video-messaging app developer Snapchat Inc. And Japanese e-commerce company Rakuten Inc. invested $530 million in Lyft Inc., bringing the ride-sharing startup’s value up to $2.5 billion.

Compare that to Europe. Over there, stringent regulations and a failure to invest in its people’s own technical prowess have stalled economic growth -not to mention its ability to compete.

We should also expect a bump in defense spending.

Fiorina was chair of the Central Intelligence Agency’s External Advisory Board when it formed in 2007. Obviously, those meetings are classified, but based on Fiorina’s tech background, she likely offered guidance on cybersecurity, which the government hadn’t been taking all that seriously until recent times.

Also, following the Sept. 11, 2001, terrorist attacks, then-Secretary of State Colin Powell sought Fiorina’s advice as to how the government could share information between agencies more securely. She worked with the Department of Defense and the National Security Agency in similar capacities.

So, throughout these last 15 years, Fiorina got a bird’s-eye view of government policymaking and the highly secretive world of national security – something that civilians are rarely granted.

And this probably sharpened her hawkish worldview that the United States “needs the strongest military on the face of the planet, and the rest of the world needs to know it,” as she’s said.

So if Fiorina should win her long-shot bid for president, expect policies that foster innovation and tech investing.

And that will be very good news for tech investors like you.

But Does She Stand a Chance?

Will Fiorina successfully wedge her foot into the White House door? I doubt it.

But we shouldn’t dismiss her as another Michele Bachmann, who never stood a chance in the 2012 race.

She’s the first legitimate presidential candidate coming out of the high-tech world since 1992, when Ross Perot (the founder of two major information-technology companies) ran on the Reform Party ticket. Plus she’s the only one to come out of Silicon Valley.

And I think she has a better shot at the presidency (or vice presidency) than Perot ever did.

First of all, she comes equipped with a great underdog story. She’s a law-school dropout who started her career off as a secretary.

But through hard work and tenacity, Fiorina rose through the ranks of the male-driven tech industry to earn a spot as the first female executive of a global tech powerhouse.

Carly Fiorina is the presidential candidate from Silicon Valley.

Not only is Fiorina a charismatic businesswoman, but she’s a strategic thinker. Fiorina hit the campaign trail hard last fall as an “advocate for the Republican Party.”

She toured battleground states to “engage female voters” and help the GOP in its attempts to win control of Congress, all the while charming voters with her carefully planned public appearances.

She certainly seduced the folks at the New Hampshire Union Leader, the influential conservative paper whose endorsements matter in the state that’s home to the first primary election every four years. The paper’s editorial board ranks her as was one of the best candidates with whom they’ve ever met.

And voters at candidates’ forums in Iowa and Nebraska swooned over her. When her microphone was cut off during her speech in Iowa last month to indicate her 10 minutes were up, the crowd erupted in boos and hisses. Lines of people snaked across hallways hopeful to meet her face to face.

If Fiorina continues to do as well as she has been lately, she could be a serious contender for the Republican nomination – or at least for the vice-presidential seat. In that regard, you could think of her as Sarah Palin 2.0.

Palin had great grassroots support in 2008, but ultimately failed on the national stage. She would have been a much stronger candidate had she been on the campaign trail for longer and passed national media scrutiny.

Then there’s the fact that Fiorina gives the Republicans a response to Democratic Party heavyweight Hilary Clinton.

Fiorina lost her bid for a California U.S. Senate seat in 2010 and has never held elected office or served in a Cabinet-level position. So her political chops pale in comparison to Clinton’s background as U.S. senator, secretary of state and first lady.

But Clinton is sinking fast in the polls, while Fiorina is turning heads.

That means attention will be brought to the importance of investing in the nation’s technology sector and infrastructure. No one on the campaign trail now is a better advocate for that than Fiorina.

And attention can quickly become dollars spent and – even better – regulations softened. As tech investors, some of those higher profits will flow your way.

The bottom line is that it’s becoming increasingly important for elected officials to be technologically savvy.

Fiorina is.

And once you have a person in power who is technologically savvy, then that’s going to add to the push for technology and create more winners in the marketplace.

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15 Responses to How This Candidate for President Could Drive Your Tech Shares Higher

  1. John says:

    Carly Fiorina? Laughable–she has only failure as elective experience and she was a flop at HP. She seriously damaged the company. HP would not have survived her reign except for the strength of the printer division, (which she had nothing to do with). And by the way, did you buy a Compaq?…poor guy.
    And Palin? You say she failed because she didn’t pass “national media scrutiny”? She’s a total bubblehead, and she was quickly and firmly dismissed by most as an ignorant blabbermouth. McCain’s loss is at least 50% due to her.
    I like your columns; please don’t start applying your political naivete to your tech insight!

  2. Rowland Scherman says:

    Sarah would have drowned in her own rhetoric had she “remained on the campaign longer.”
    Comparing Carly to Sarah Palin doesn’t do her any good at all, as Palin was and is a batshit crazy con artist
    that somehow passed the lackluster scrutiny of John McCain.

  3. Jim Hoverman says:

    Fiorina was a poor CEO at HP. Many of her decisions, which she rammed through with a “my way or the highway” approach, proved disastrous for HP. She is temperamental and not a consensus builder.

    Wasn’t one Palin enough!

    Also, Michael, please remind the Republicans, like Jebb Bush and the “Bible belt” crew, that the Constitution demands the separation of church and state, so let’s leave religion/God out of the debate.

    We need a rational, centrist, collaborative candidate to lead the country and get Washington committed to finding solutions, not objections. I wish Judd Gregg from New Hampshire would run.

  4. Janet Nguyen says:

    I love the idea of having Carly Fiorina as our next President of the United States of America. She is so capable in every aspects–wisdom, knowledge of how government runs, personality, and governing experiences, plus many more!

    I would welcome the opportunity to help her as much as I can.

      • billkini says:

        All stock holders of HP, were not hit with $100’s@ of debt, as the present mullah in charge has hit EVERY AMERICAN , man, woman, and, child, with an unbelievable debt, that we will never be able to repair. Of course, all the dead beat illegals, won’t have to pay a red CENT !!!!

  5. Patrick says:

    Vice-President would be a “knock-it-outa-the-park” home run for the Republicans, as well as the United States!

  6. don miller says:

    Please look at her record. She was a divisive CEO and ran HP into the ground.
    Not what we need for a president..

  7. C Rich Diffenderffer says:

    Carly Fiorina trumps Hilary Clinton & bad hair day ” The Donald”. She gets my support !

  8. Laurie says:

    “And this probably sharpened her hawkish worldview that the United States ‘needs the strongest military on the face of the planet, and the rest of the world needs to know it,’

    That one sentence completely rules her out. The very last thing the world needs is the US as an overbearing, swaggering bully glowering around looking for a fight. McCain on steroids. No thanks.
    These CIA types are creepy.

    John Quincey Adams would have been appalled at that statement.

  9. Bernie B says:

    Everyone stop saying we are a democracy, we are a republic. Say the pledge and find the word democracy. Democracy is 5 wolves & a sheep deciding lunch, Democracies allow majorities to take advantage of minorities. That includes those with the majority of the worth, who, thanks to our supreme court, can give any amount, and spend it secretly, how ever they want, to help elect, or fund negative advertising, a proven working strategy, to keep others from being elected. Our whole government has been corrupted with bribes, I mean campaign contributions. Not much will change until lobbying is outlawed with mandatory prison time. Republicans do not like deficits, democrats do not like deficits, so why do we have deficits? Is there a real difference between the two when they are elected? Our deficit is the biggest problem they both created to stay elected. In the end, with big money and lobbyist bribes flavoring every legislative decision made, does it really matter who we elect? I wonder, did big money get to the supreme court to make some of those stupid decisions, like a corporation is a person, or super PACs can can skirt the rules governing others? We will elect who we deserve, as usual. Our system is so broken, one person cannot get it repaired right now.

  10. eli d zdunich says:


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