This was supposed to be a bad year for Chinese tech stocks.
A very bad year.
After all, President Donald Trump took office in January after months of criticizing China’s trade policies. And since then, he’s been heard screaming for tariffs.
So it’s no surprise that the know-nothings on Wall Street and in the establishment media continue to warn of a trade war with the world’s most populous nation. (After all, that’s where tariffs would put us.)
However, both the media and the Street both are missing a key fundamental driving China’s economy – internal growth, especially on the internet, untouched by trade.
It’s a sector that must be in your portfolio.
And I’ve dug up a way for you to get into the Chinese web sector – with very little risk to your portfolio.
So far in 2017, it’s demolished the S&P 500 by more than sixfold.
You can make a lot of money in high-tech initial public offerings (IPOs).
And so have my members – plenty of times.
But you must follow Your Tech Wealth Blueprint’s second rule for grabbing massive tech profits – Separate the Signals From “The Noise” – and avoid Wall Street’s hype machine.
To see what I mean, let’s put the recent IPO from the photo-centric social network and messaging service Snap Inc. (Nasdaq: SNAP) under our microscope.
When Snap began trading March 2, it was the most hyped tech IPO of the past few years. Investors were told they were crazy if they didn’t get in on the action of a hot young firm with 161 million daily users and $405 million in 2016 sales.
You can bet that Morgan Stanley, the investment bank that underwrote the IPO, stood to bank millions in fees.
Fair enough. That’s how investment banks and IPOs work.
But four months after making all that money, the sharks at Morgan Stanley pulled the rug out from under Snap investors, costing them a combined $3 billion.
Snap shares are now down 45% from their IPO price.
But you can avoid all that – and still make a ton of money on IPOs.
The very first “rule” in my Tech Wealth Blueprint holds that “great companies have great operations.” And those great operations require great leaders.
Now, these leaders don’t have to be “rock star” CEOs with name recognition, like Elon Musk or Mark Zuckerberg. But they do have to be competent and experienced, with the unique vision and wherewithal to make their product or service “indispensable” for billions of consumers no matter what’s happening in the rest of the world.
The kinds of leader who can reshape the world.
That’s the kind of leader – and the kind of company, of course – I’m going to fill you in on today. You might not be familiar with him. He’s certainly not as recognizable as Musk or Zuckerberg.
And California is less than six months from opening a legal, recreational market that will dwarf all other legal weed states, plus the entire nation of Canada. I’ll tell you why I’m expecting monster profits there in a minute.
The move to decriminalize and legalize cannabis is one of the great social sea changes of our age.
Consider this: In the United States alone the sanctioned market for cannabis will reach $7.1 billion this year, up from $1.5 billion in 2013 – 373% growth in barely three years.
By 2020, the market for legal marijuana will top $22.8 billion. Investment bank Ackrell Capital predicted in March that between 2016 and 2029 the market for marijuana will reach $100 billion – 1,308% growth.
Those huge numbers hide the fact that this market is still in its infancy.
After all, marijuana is still illegal in most of the United States. For that reason, there’s no accurate way of really knowing just how big this market could ultimately be.
However, one big-name tech company is positioning itself to profit as medical and recreational marijuana goes mainstream.
You could consider it an “entry point” into the wider world of the very young field of legal marijuana investing. This stock is about as safe and solid an investment as you’ll find – and it pays a generous dividend.
Still, this is a company that’s again on the rise thanks to its big moves in marijuana and other high growth fields – and so you can expect significant double- and even triple-digit gains from this “marijuana major” in a pretty short period of time.