I have to say, I’m not surprised to see a high-octane fintech startup become a huge “unicorn.”
By “unicorn” I mean a privately held firm with a pre-IPO valuation in excess of $1 billion.
Then again, Stripe Inc. is really onto something. The firm’s technology serves as a great digital payments gateway. Wall Street and Silicon Valley are clearly impressed.
Stripe recently received fresh funding of roughly $250 million from the venture capital firms Sequoia Capital, General Catalyst, and Andreessen Horowitz.
After that cash haul, Stripe is now valued at $35 billion, making it one of the world’s most valuable startups.
It’s easy to see why Stripe is so well positioned to succeed. Adapt Insights says the global fintech payments market is already worth $4.8 trillion.
Don’t worry. To cash in on this highly lucrative field, you don’t have to strike a private deal or wait for a company like Stripe to go public.
Today I’d like to introduce you to a man I call the “Don Quixote of Tech”.
And no, I don’t mean it as a compliment.
If you who don’t remember, need a refresher, or haven’t read the book, the fictional Don Quixote is the hero of a famous novel by Miguel de Cervantes first published in 1605.
Despite the book’s age, many scholars consider it to be the finest novel ever written.
Our focus here is on chapter eight. In this section, Don Quixote of La Mancha and his sidekick, Sancho Panza, find themselves in a field of towering windmills.
Don Quixote says they are giants. He intends to slay them and take their riches. When Sancho says they’re windmills, Don Quixote says he is more experienced in these matters and he knows for certain they really are giants.
Obviously, they really were windmills after all…
Turns out something very similar to this enduring metaphor is playing out in Congress right now, thanks to Jerrold Nadler. He’s taking on Big Tech as the chair the House Judiciary Committee.
It was a legal award large enough to grab headlines – and the public’s attention.
Then again, an Oklahoma court recently ordered Johnson & Johnson (JNJ) to pay $572 million for contributing to America’s opioid crisis, one that causes more than 40,000 deaths a year.
JNJ says it will appeal the ruling. So, at this point, we can’t predict what the final amount will be.
But this much is clear – we need some type of technology that can provide accurate opioid patient monitoring, both in the hospital and the home.
And the good news for tech investors is there is, in fact, a terrific company that aims to solve this problem.
This is a stellar firm that has been at the forefront of non-invasive patient monitoring since 1989.
That’s a big part of the stock’s success. It often doubles the return of the S&P 500, something it’s already done all year.
I love it when my passion for sailing dovetails comes together with my love for crushing the market with high-growth tech stocks.
Here’s the thing. I moved to the Bay Area 35 years ago in June for two main reasons:
To get more directly involved in Silicon Valley after analyzing tech for many years.
To race J-24 sailboats on San Francisco Bay, the most exciting place in the world to sail.
Here’s the thing. As a small-boat skipper, I would occasionally get the chance to “slipstream” a larger yacht.
The term refers to getting behind a bigger boat and letting its draft pull you along. Also known as “drafting,” the process allows you to make good speeds with a lot less effort.
And that is exactly the type of situation we find with a company that is “slipstreaming” in the wake of Microsoft Corp. (MSFT).
Today, I’m going to show you why the Microsoft alliance will help this quiet tech leader absolutely crush the market…
It’s Friday morning, and I have fallen in love once again.
Actually several times to be honest.
And that’s before the sun has even come up.
Let me explain. I recently appeared as a guest on TD Ameritrade Network’s Watch List TV show. Since the markets have been in turmoil of late, host Nicole Petallides asked if I was still “loving tech.”
I got right to the point and said I love tech every morning I get out of bed.
Of course that makes a lot of sense when you consider my mantra is “the road to wealth is paved with tech.“
But many analysts out there have not shared my enthusiasm of late. Just weeks ago, all you heard from the media and Wall Street is that tech was going to lose steam.
As the second quarter earnings season comes to a close, it bears noting that a wide range of tech leaders easily beat Wall Street’s forecasts.
San Francisco, CA – When we spoke on Aug. 16, I noted that I was about to give an investor presentation at the MoneyShow here.
Honestly, it couldn’t have gone any better. My conference room was packed with investors anxious to hear about my system.
Call me crazy, but I’m thinking the fact that I had the word “free” in the title may have had something to do with it.
I wanted to follow up with you today to give you more details about my talk, titled “How to Own Great Tech Stocks For Free”.
And I’m going to do that by giving you a play-by-play breakdown of the seven steps you need to follow.
This isn’t a lot of theory. It’s why members of my Nova-X Report entry-level monthly newsletter ended up owning five free stocks so far this year.
And right now, I’m going to walk you through the steps and also tell you about the “secret formula” I left out of my formal talk.
Now then, my entire methodology for Nova-X is to end up owning best-of-breed tech stocks for free.
But don’t get me wrong.
Yes, we have to risk our hard-earned money. And no, not all the investments work out.
However, it bears noting that over the last several years I have given readers of my paid services 192 double- or triple-digit gains.
That’s the power of having a savvy tech veteran hand-picking winners for you.
As I told my audience, tech has been a core part of my life going back to my teenage years. My dad was a senior military editor at Aviation Week & Space Technology magazine and we’ve talked about breakthroughs in the field ever since.
I also served as an advisory board member to a Silicon Valley venture capital firm. Plus, I was a strategic advisor to a dozen high-tech startups.
I drew heavily on this background to come up with my winning seven-part formula for owing tech leaders for free.
The federal government wants to make it easier for folks to buy condominiums.
And I’m not just talking about the Federal Reserve’s recent decision to lower interest rates. That alone has helped drive down the cost of borrowing below 4% in many U.S. markets.
But that’s not much help for young people looking to buy for the first time.
With real estate prices rising dramatically over the last five years, getting enough money together for a down payment has become more difficult.
Enter the Federal Housing Administration (FHA) and its recent decision to back condo loans for borrowers with lower credit scores but who can swing a 3.5% down payment.
That alone could quadruple the number of FHA-backed condo loans to 60,000 units a year.
That’s good news for savvy tech investors looking for a way to target the trend. And it’s also better than it sounds.
The tech firm I have in mind targets the nation’s $48 trillion markets for residential and commercial real estate.
I hope you didn’t lose faith in a big prediction I made at the beginning of last year.
I noted that the Trump defense buildup was going to be the biggest we’ve seen since President Reagan took office in January 1981.
But if you doubted my forecast, I can certainly understand why.
After all, in the days before the recent two-year pact over the federal budget, Big Media was filled with stories about how Trump was about to suffer a huge setback for his military goals.
I lost count of the number of stories I read predicting that Congress would force the president to cut back on his Pentagon plans.
So, I’m happy to report that the media was wrong and I was right all along.
When it’s all said and done, the $716 billion defense budget gets a nice boost that bodes well for the sector’s ongoing growth and earnings.
And today I want to reveal a great way to play this profitable trend with an investment that is beating the broad market by 74.5%…
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…
Big Media was all over the recent settlement the federal government reached with Equifax Inc. (EFX).
It’s easy to see why. The credit reporting agency agreed to pay up to $700 million to settle claims brought by the Federal Trade Commission and most state attorneys general.
Here’s the thing. Nearly all of the dozens of stories about the Equifax deal focused on the size of the award and how consumers affected by the cyber intrusion can seek compensation for the time and money they had to spend.
In fact, Equifax set up a website to deal with many of the 147 million Americans whose sensitive data was put at risk after hackers breached the firm’s network.
And while I’m all for providing consumers with some money after all the hassles they went through, there’s one glaring omission from the media’s barrage.
It’s something we deal with her twice a week – how to make money from massive tech trends.
With that in mind, I’m going to give you the key details about a market-beating winner that is a great play on the red-hot cyber security market…
