You could forgive drug and biotech executives for having a bad case of target fixation.
After all, they do work in a field that is filled with time-consuming and expensive headaches.
Consider that the Biotechnology Innovation Organization (BIO), the world’s largest biotech trade organization, looked at 7,400 drug programs by 1,103 companies. They were investigating drug-approval rates.
The news was not good -just 9.6% of drugs scientists discover ever get approved for sale. That’s a one-in-ten shot.
With such daunting data, it’s no wonder that, even in a field already worth $1.2 trillion in global sales, industry leaders are on the lookout for ways to lower the cost of discovery and shorten time to market.
And with that goal in mind, I’ve uncovered a high-octane, large-cap firm that has become an essential ingredient in the drug sector’s success.
It’s a cloud-based leader in pharmaceutical efficiency that has a history of crushing the market by no small measure. It’s been doubling its earnings, on average, every 18 months…
A lyric from one of my favorite contemporary hard rock songs is playing loudly in my head.
Let me explain. As a boomer “of a certain age,” I like to keep in shape with exercise and also remain young at heart.
That’s why I have put together a killer list of hard rock songs from modern bands like Halestorm, Pop Evil, Shinedown and Papa Roach. When I hit the gym or the slopes up at Tahoe, I have 54 playlists each with 14 songs to choose from.
And right now, I can hear Godsmack’s “I Stand Alone,” the hit song from the movie “The Scorpion King” on mental repeat.
I believe it’s an appropriate soundtrack for my 2019 tech forecast I told you about on Jan. 1. At the time, the media was barraging us with stories about an impending “recession.”
But I stood apart from the crowd and predicted a strong year tech.
With that in mind, I’m updating my forecast to show you why there’s still lots of money to be made and how to get in on the action…
Shortly before Apple Inc. (AAPL) reported its fiscal third quarter earnings yesterday, Michael appeared in a panel discussion on TD Ameritrade about what to expect from the iPhone maker. Michael argued that the firm would likely see a decline in iPhone sales, thanks in part to trade tensions with China and increased competition from local smart phone makers in that country and elsewhere. And while he wasn’t expecting any major surprises from the firm’s report, he delved into one the key factors he thinks the firm will use to continue an upward trajectory going forward – services. And indeed, services revenue climbed 12.6% to $11.46 billion, a new record for the firm, though it came in slightly under analysts’ expectations thanks in part to a one-time payment from lawsuits a year ago and foreign-exchange effects. Watch to see Michael’s prediction about the long-term prospects of the stock… Click here to watch.
A friend of mine, Ben, did what many of us dream about a few years back.
He was in middle management, deeply ensconced in a big accounting firm in downtown San Francisco. It paid great, but Ben hated the job: long hours, a ridiculous commute, tons of boring meetings, eating lunch at the desk every day. You know the routine.
But unlike so many of us, Ben took action. He regained his freedom.
He quit his job, cashed out some of his investments, moved to the country, and became an independent trucker.
He loves it. He loves chatting with other truckers, eating at greasy spoons, listening to talk radio all day, being his own boss… pretty much.
But he also hates it, sometimes. That’s because Ben’s “boss,” such as it is, is a computer that tells him where to go, when to get there, when to pull over to fill up or for maintenance, even when to go to bed.
Yup, like I tell you so often, every business is a tech business – even trucking.
A few years back, I showed you folks one way to cash in on tech’s takeover of trucking by recommending FleetCor Technologies Inc. (NYSE: FLT), a commercial fleet-focused electronic payments company. And if you made that move, you’re sitting on some pretty big gains – 135.8%.
FleetCor still has plenty of room to run – up to 20% in just the next 12 months.
But there’s another trucking technology investment out there that I want to tell you about. And I need to tell you about it now – today.
That’s because midnight, Dec. 18, a little-known federal mandate will go into effect across the United States.
It requires the immediate deployment of a cutting-edge technology for the trucking industry. It’s “Ben’s boss.”
I call it an Augmented Digital Copilot – or ADC for short. (I can’t tell you what Ben calls it.)
And just one tiny company has meticulously developed the technology to dominate this market. Only it can fulfill the immense and imminent demand for these devices.
This small, under-the-radar firm is on the verge of earning a big chunk of the $2 billion windfall that this federal mandate is creating.
That will send its stock soaring and make its investors a fortune.
The Doe has advanced by 1,000 points by five times this year… so far.
In fact, it took just 30 days for it to reach 24,000 on Nov. 30.
That’s great news for just about every investor.
But the news is even better for investors like you.
For technology investors, the Nasdaq Composite set 69 new highs so far this year. It has gained 23.3%, which is 49.5% better than the S&P 500 and 15.7% better than the Dow.
Meanwhile, Bitcoin is up 1,075% in 2017 – and Ethereum has soared an amazing 5,371.4%.
And in legal marijuana, my premium Nova-X Report members have made triple-digit gains on several of the penny pot stocks in their model portfolio. To find out how to join them, just click here.
In other words, ground-floor trends like technology, cryptocurrencies, and legal marijuana are the driving forces behind the market’s historic gains.
But that doesn’t mean you can just blindly buy any tech stock out there and expect to make money.
While I know you don’t believe that’s true, some of you might buy into Wall Street’s hype machine – and believe you can make a fortune on some of the troubled tech leaders they’re touting as “turnaround” investments in 2018.
Don’t believe that hype.
Especially don’t believe any hype you might hear about these 2018 Tech Dogs.
These are the four stocks you want to stay as far away as possible from next year. They’re dangerous – all four of them.