This is the summer of big tech, and at this point, the broader market is starting to catch on to that. The irony is that big tech companies can beat formal expectations and not see much of a jump to their stock prices. They just get too much scrutiny to pull off an upset that really wows the market. To see a real sudden jump, the quarterly results need to be a surprise. To cash in on this kind of surprise, you have to be in the right place at the right time, and it takes a strong investment thesis to maximize your chances of being there. I talk about just that on Chuck Jaffe’s radio show.
P.S.: Some of the hidden gems I talk about on the show are so valuable precisely because of how disruptive they are. I’m talking about companies that take something already popular and simply do it better than any established provided. That’s how Netflix left old-fashioned video stores in the dust. And now, I know about another company that’s going to do for household game night what Netflix did for video, and you can get the full story about how they could multiply your investment by ten right here.
Cheers and good investing,
Michael A. Robinson