Editor’s Note: Alex Kagin is the Director of Technology Investing Research at Money Map Press. He has spent the last decade working in equity research, most recently with Energy Capital Research Group (ECRG), where he led technology stock research along with working as part of a team developing a customizable financial data platform for securities analysis.
Welcome to the latest episode of the Digitization-X (DX) podcast, where host Alex Kagin gives you a front row seat to the newest and most exciting companies and themes in tech investing.
Two industry giants wanted to hog the headlines this week as Amazon shelled out $1.2 billion for autonomous vehicle startup Zook, and Microsoft announced immediate closures of all its consumer stores.
But as you’ll found out in this latest DX episode, there was plenty more to discuss.
- You never know where an investment idea will pop up. For Michael Robinson, he started looking into the cosmetic surgery market after watching the reality show Botched. Turns out, cosmetic surgery will be worth $43 billion very soon, and Michael has one of the best investments to make. Pay close attention at the 1:12 mark, as Alex shares the name of the company Michael uncovered.
- Semiconductor earnings this week were front and center, and Alex breaks down how two big players in the space have fared during the COVID-19 pandemic. Hint – one company beat on top and bottom lines for its business segment that supplies memory for phones, computers, and servers, while the other increased its fiscal revenue forecasts. Keep your ears tuned at 2 minutes and 48 seconds for the full details.
- And to close things out, you won’t want to miss the hot pick of the week. The software from this AI auto company is already in over 300 million vehicles across the globe, the firm has over 1,000 patents, and Alex thinks this tech parallels the growth we’ve seen with smart home speakers. Make sure you’re ready to write down the name of this company once you hear it at the 4:34 mark.
You can listen to this latest episode by clicking below.
Have a safe and happy holiday weekend,
The Strategic Tech Investor Team