If you missed the news about Datagen getting $50 million in funding, I can understand why. After all, the startup is hardly a famous Silicon Valley outfit. It's based in Tel Aviv, Israel, and likely won 't be going public for several years. Of...
Technology is growing at such a fast pace that it can be overwhelming to keep up with the latest innovations – let alone identify which have the potential to change the world (and make you rich in the process).
So, starting today, we’re launching a brand-new perk exclusively for our Strategic Tech Investor readers called the Future Tech Watchlist.
Every week, we’ll bring you a new company that’s making waves in the tech sector so you can have it on our radar and – even better – get in early on what could be the next Apple Inc. (AAPL) or Microsoft Corp. (MSFT)… And get rich.
We’ve found the perfect pick to share with you today to kick off the series. It’s a company that’s been around since – get this – 1960.
I know what you might be thinking. Companies that have been around for 60-plus years don’t typically scream “next big innovator” that could bring you a huge windfall. And that’s part of what makes this pick so fascinating and filled with potential.
Last year, the company pulled in $3.7 billion in revenue in an emerging $260 billion robotics market.
Its automation tech covers a massive scope of industries – from artificial intelligence (A.I.) to 5G to defense to manufacturing, this company has automated just about everything.
But today, I want to focus on one of the biggest problems it’s helping to solve.
And that’s the fact that every year, corporations shell out $62 billion on workplace injuries.
This company’s cobot technology has the potential to turn that cost on its head by creating a safer workplace and putting that money right back into the bottom line of corporations around the world.
Over the last two years, companies have kicked the process of moving information onto the cloud into high gear.
It’s a procedure that they consider absolutely vital for staying up to date and competitive, and we can find the proof in a metric that might seem easy to overlook: how much they’re willing to pay the employees in charge of the process.
A recent survey by the executive recruiting firm Robert Half shows that salaries for chief information officers (CIOs), who are often in charge of digital transformations, will rise to an average of $260,250 next year.
This news also comes on the heels of a report by Gartner that global enterprise IT spending is expected to hit $4.2 trillion by the end of the year. That’s up 8.6% from 2020.
And I’ve identified a leader in the field that just nearly doubled its quarterly earnings, a metric which share price often follows.
Let me show you why I still see so much upside ahead…
For anyone that follows Tesla, every time they hold an event, they know the world is watching. Last week’s AI Day was no different. They didn’t introduce a new car or even announce updates to its current line, but that didn’t matter. Instead, they announced to the world, they are much more than an electric car company.
A Special Note from Michael: Listen, I’m about to speak you about housing. A huge hot button right now. But investing on the right side of hot button topics is the best way to make money in the market. That’s exactly what I cover in a recent presentation you can get to right here.
“Sell Me a Home, Please”
My daughters Jordan and Kendall literally could not have picked a worse time to look for an apartment. Turns out the massive boom in home prices amid a housing shortage is filtering down to rentals.
It’s one thing to read about the nation’s historically hot housing market. It’s a completely different matter to actually be trying to find a place to live in this crazy market. My daughters’ apartment hunting became a deadlock as one apartment after another got snapped up in as little as two hours.
Many prospective first-time homeowners are getting priced out of the market. Even when they have the finances, there’s just no supply. For Montana resident Sean Hawksford, a young man with a successful construction business and a pregnant wife took to the streets with cardboard signs that read “PLEASE SELL ME A HOME.”
With all this, you can see why real-estate agents are turning to AI for help.
The S&P CoreLogic Case-Shiller National Home Price Index released Tuesday rose a stunning 16.6%. It’s the highest annual rate of home price growth since the index began in 1987.
Even the most seasoned real-estate pros across our $34 trillion housing market are at their wits end. Meanwhile, the smart ones are doing what I would do-they’re tapping AI as a tech tool.
Today, I have a double play. Two stocks that cover both sides of the housing market: real estate and property insurance.
From shaving, making coffee or cutting up fruit for breakfast, listening to music on our soundbar, and sitting in a chair for work consumer products are woven into our everyday lives.
Each of them had to be bought and many after extensive research. Why wouldn’t you want the best coffee machine out there to start your day?
But these days, the growth of e-commerce has created a major problem for me. Every time I go on Amazon to buy something new for my home, the selection is overwhelming. I don’t have time to read every review and see all the flaws before I make a purchase.
Sure, you could just buy the first product that comes up, but based on how you search, it may not even be the product you are looking for. I am often led down a rabbit hole of reading reviews and trying to find out if I’ve found the best product for what I need.
That is where Mohawk Group Holdings Inc. (NASDAQ: MWK) comes in. You have heard of smartphones, now we have smart commerce. Mohawk, an under the radar consumer product company is using an artificial intelligence (AI) platform to identify product categories where there is no clear leader.
They improve the product by addressing user issues in negative reviews and automate marketing and logistics to become the leading seller within the category.