For the latest episode of Digitization-X this month, which was first shared with Nova-X Lifetime members. Alex Kagin, our host and the Director of Technology Investing Research for Money Map Press, sat down with Orlando Zayas, the CEO of Katapult.
Katapult recently announced it was merging with FinServ Acquisition Corp (FSRV).
It offers a unique product in the “Buy Now Pay Later Space,” is profitable, and works with large partners like Wayfair and Lenovo.
The word “catalyst” gets thrown around a lot in financial writing, but it’s an important word because recognizing what can be a boon for a company is the difference between average returns and market-crushing gains.
You can imagine my excitement then when I recently saw that a storied Silicon Valley leader I have recommended several times has not one, not two, not three, but four big catalysts.
The global chip giant I have in mind recently beat on earnings and raised guidance.
It also hiked the dividend andhired a new CEO.
And if that’s not enough, the company announced an ambitious turnaround plan and is investing $20 billion in its growth.
The effort comes a little more than 50 years after the firm introduced the first microprocessor that is the linchpin for today’s digital revolution.
In fact, this is one of the few companies that still both designs and manufacturers its own chips.
You’ve heard of e-commerce, but let me tell you about the next big thing in tech that’s going to make you a lot of money – mobile commerce.
Mobile commerce, or m-commerce for short, is using devices like cell phones and tablets to conduct online transactions.
It was a trend I first shared with you back on June 20, 2013; a time when almost no other analysts were recommending m-commerce stocks. But on that day, I suggested that you buy shares of NXP Semiconductors (NXPI) because it was a top supplier of chips for mobile devices.
If more and more shopping was going to be done through smartphones, phone makers would need the chips to make sure that could happen.
At the time, the stock price for NXPI was roughly $30 a share. It hit a recent high of $202.78 – a gain of 575%.
Now, with all the exciting technological advancements since then, I’m going to give you the inside track on what’s next… a new type of mobile transaction…that will allow for voice-controlled shopping from the comfort of your car.
I believe this will be the next big thing in a sector valued at $2.9 trillion.
And I have the one investment to make before this trend really takes off.
While many SPACs have been targeting industries producing little to no revenue – like flying taxis – and causing rampant speculation, I’m looking at a sector that brought in roughly $20B in revenue in 2020 and is set to grow double digits every year for the next decade.
This is because cannabis legalization is spreading across the globe, including the monumental announcement that New York will become the second-largest market to legalize recreational marijuana. Bloomberg estimates that New York sales could generate roughly $4B, a deal that could push the entire cannabis industry into hypergrowth.
Internet satellites launched into orbit by rockets that can return back to earth in nine minutes – that’s not a passage from a science fiction novel.
It’s what SpaceX did on March 24…showcasing an emerging technology with high growth potential…that can make you a lot of money.
Right now, 74 countries have some kind of space program, and 14 of them are capable of space launches. From tourism to space-based systems that blockchain technology and 5G are dependent to run on, there is a growing need for rockets to make that all possible.
Even the United Arab Emirates, a nation the size of South Carolina, is jumping into the space game.
The UAE’s Mars probe successfully orbited the red planet and is sending back pictures. Known as the Hope Probe, its mission is to create the first complete portrait of the Martian atmosphere.
This increased activity is one of the reasons why Morgan Stanley projects that, by 2040, the space sector will be worth $1.1 trillion.
Now, some companies are private and you can’t invest in them.
While others simply don’t deserve your hard-earned money.
That’s why I wanted to make sure you saw this before the weekend.
Because one company I’ve been watching closely just got even better thanks to a $4.4 billion acquisition.
This month has been a rough time for tech, thanks to market pressures stemming from fear of inflation. But that doesn’t change my fundamental outlook. The bottom line is, if you want to make money, you need to be invested in tech because America needs tech to keep on running. Continue reading
It has been another choppy week for the broader markets and SPACs, but the excitement could be coming back as we saw a big pop on a definitive agreement announcement. Fintech Acquisitions Corp. V (NASDAQ: FTCV) was up over 40% on the report that they will merge with the social trading platform eToro.
While the trust value was on the smaller side with this one at $250,000 million, it was led by Betsy Cohen, the SPAC veteran who brought Payoneer to market through FTAC Olympus Acquisitions Corp (NASDAQ: FTOC). The eToro deal will also include a $650 million PIPE so the trust size does not matter as much in this case.