Archive for January, 2020
My wife and I recently helped our daughter Jordan find a reliable used car.
And since Jordan only recently got her grad degree, I have to say she was pretty price sensitive.
She had roughly $9,000 to put down and wanted to limit her payments to about $100 a month, so there wasn’t a lot of wiggle room on cost. She bought, a 2009, one-owner, fully loaded Honda CRV with only 45,000 miles on it.
I’m bringing this up to you because I think our recent experience illustrates a very important point for tech investors.
When it comes to putting your money in stocks that can crush the market, don’t let high “sticker prices” warn you off of great opportunities to build lasting wealth.
Instead, you have to focus on the long-term upside. You know, it’s the old saw by Warren Buffett that price is what you pay but “value is what you get.”
And that really comes into play with a firm that is pioneering the field of robotic surgery.
At first glance, $600 a share seems steep. But this is a stock that could hit $1,800 a shares in as little as seven years.
Today, I’m going to reveal five reasons why we could see a 200% return from here…
If you are just not discovering the earning potential of Amazon.com Inc. (AMZN), than you have a lot of reason to be excited..
And I say that because I am still seeing a huge amount of upside ahead.
Let’s start with item number 1. When we spoke on January 24, I noted that much of Wall Street was cool to the stock for years.
But I have a more current example of a high profile stock “guru” who missed the boat completely. And not that long ago.
When AMZN crossed the $1,000 mark on May 31, 2017, Jim Cramer, went on TV to bash the stock. The host of CNBC’s Mad Money said “psychologically” $1,000 is a lot to pay for a stock he felt was getting ahead of itself.
The stock has more than doubled since then, reaching a closing high of $2,021.
That brings me around to item number 2. Let me show you why the stock could double again in three years – and double again after that…
If you want to become a high-tech millionaire – and I sure hope you do – it pays to have a little bit of foresight.
Let me explain. Back in 1994, a former hedge-fund manager decided to launch an online bookstore. Considering he was not the first to do so, our executive found little traction on Wall Street where his idea sounded boring.
He tried to convince the so-called “in-crowd” that books were just the start. This was a technology company looking to change all manner of online transactions.
But even in the midst of the dot com boom, few listened. That’s why the stock was trading for less than $2 in May 1997.
Back on May 26, 1997, this game changer was trading for only $1.50 a share. It hit a recent closing high of $2,021 last July 15.
That’s a 134,633% gain, enough to transform $10,000 into $13.5 million.
This company has been all over the news lately. So, today I want to show you why it could double again in less than three years…
When we talked on Tuesday, I showed why you should wait until after a new IPO sells before investing.
In fact, after its initial drop, Veeva Systems Inc. (VEEV) went on to earn 863% in just a tad over five years.
Here’s the thing. During that same period the benchmark S&P 500 earned a respectable 70%. In other words, our play on cloud services for the life sciences sector beat the market’s benchmark by 1,132.9%.
That kind of return happens all the time in high tech, which I have proven time and again is the road to wealth.
With a high-octane stock like Veeva, $25,000 can turn into $240,750 in half a decade, with plenty of upside still ahead. You just need a handful of these tech-centric market crushers to become a millionaire.
Today, I’m following up to show you why Veeva is such a great long term play on the $1.2 trillion drug and biotech sector.
More to the point, I’m going to reveal why it could double in three years, and possibly even faster…
I just love it when a hot new tech stock crashes.
Please don’t think I’m taking delight in watching folks lose money. Well unless it’s those “geniuses” on Wall Street. Just saying…
Here’s the simple truth. If folks don’t listen to me, I can’t help them.
I have said for many years now that the average retail investor should avoid buying high-tech initial public offerings (IPOs) when they first start trading. When you buy at the open, you really risk losing your hard earned money.
It’s much better to wait a little more than six months from the open. That’s when insiders can sell, an event that usually means a big drop in price.
Had you followed that advice with a savvy cloud provider I’ve recommended, you could have made 863% in just a tad more than five years.
But if you bought at the open, you risked losing more than half your capital.
Today, I want to tell show you why this market-crushing tech leader is exactly what I have in mind when I say you only need a few winners like this to become a high-tech millionaire…
When we spoke a few days ago, I noted how my friend “Pete” had passed on recommending Apple Inc. (AAPL) to his Wall Street clients.
This was back in 1997, around the time the late Steve Jobs returned to run the Silicon Valley Legend. Since then, the stock has experienced the kind of gains that can turn $10,000 into $3,433,860.
Today, I have another anecdote to share with you regarding Apple. This one involves a friend I will call “Steve.”
Back in the summer of 2012, Steve told me over lunch that he had recently sold all his Apple stock. He said he did so because he felt that the new CEO Tim Cook would never match the innovation that occurred under Jobs.
It’s possible I need to make savvier friends…just saying…both missed the boat on Apple – and left a lot of money on the table.
Under Cook, Apple has continued its historic run, rising as much as 395.6% in a little more than eight years.
Today, I want to show you why Apple could double again in value…
I sure hope you don’t make the kind of big investing mistake as that of my friend “Pete.”
He passed on one of the greatest tech opportunities of all time.
I have actually have changed his name for our chat today.
That’s because, if he finds out I told you this anecdote, I’m sure he will be red-faced all day with extreme embarrassment.
You would feel the same way, too, if you turned your back on the chance to earn a return of a whopping 34,238.5%.
Those are the kinds of gains that would turn $10,000 into $3,433,850
Just let that sink in for a moment.
This is why I keep saying it only takes a handful of tech winners – and in some cases just one – to make you a millionaire, if you know where to look.
With that in mind, in the first part of our chat, I’m going to show you how this stock is set to double again in less than five years…
There’s no doubt about it. We are living in a time of astounding financial opportunities.
Last year, was a great one year for the average retail investor, continuing the epic bull market that began in March 2009. As we move into 2020, it looks like it has the potential to keep right on going.
The terrific economy that we’ve had has helped propel stocks to record highs. Unemployment remains at 50-year lows as real income adjusted for inflation is moving up for millions of Americans.
In a case like this, you’d think all you have to do from here on out is just coast on autopilot. After all, the bellwether S&P 500 was up roughly 28.9% for the year as of the close on December 31.
But, as impressive as that sounds, you could do much better in 2020.
That’s because the S&P 500’s numbers for the year are nothing compared to the gains members of my monthly tech investing newsletter, the Nova-X Report, scored in 2019.
Indeed, our three best performers for the year more than doubled the S&P.
With that in mind, today I want to reveal three stocks that made my Nova-X members tons of cash and show you how to get in on all the action…
I’ve been writing about 5G high-speed cellular networks for more than five years now, and I couldn’t be more excited for what’s ahead in 2020.
Sure, 2019 saw a fair amount of progress in rolling out this advanced new platform. The nextgen mobile network is available in a few markets.
But we have a big catalyst coming in fall 2020. That’s when Apple Inc. (AAPL) unveils a new iPhone that’s 5G native.
Don’t underestimate the importance of this move. Apple sets the standard for the rest of the sector.
5G will be important for the entire tech ecosystem in the year ahead, and it’s just one major catalyst that investors should track. There are key developments with chip stocks and beaten-down software and cloud players that all matter to your portfolio.
That’s why today, I’m going to show you how you can profit from all three of these exciting growth sectors in the upcoming year…