Not even the coronavirus can stop tech. The market as a whole might be coming under pressure, but that hasn’t stopped some of tech’s biggest leaders from giving absolutely astounding earning’s reports. Veteran companies with massive market caps are achieving the kinds of earnings numbers that someone would expect to see out of up and coming startups. The cloud services industry has given Silicon Valley firms a path to profit margins and cash flow that used to be impossible. And as for semiconductors, we still can’t have the modern economy without them. Outside news like coronavirus might still cause some instability in the short term, but in the long term, the outlook is good. If that pressure keeps up, then this could be a great chance to buy great stocks for great prices. Click here to watch.
My wife and I recently helped our daughter Jordan find a reliable used car.
And since Jordan only recently got her grad degree, I have to say she was pretty price sensitive.
She had roughly $9,000 to put down and wanted to limit her payments to about $100 a month, so there wasn’t a lot of wiggle room on cost. She bought, a 2009, one-owner, fully loaded Honda CRV with only 45,000 miles on it.
I’m bringing this up to you because I think our recent experience illustrates a very important point for tech investors.
When it comes to putting your money in stocks that can crush the market, don’t let high “sticker prices” warn you off of great opportunities to build lasting wealth.
Instead, you have to focus on the long-term upside. You know, it’s the old saw by Warren Buffett that price is what you pay but “value is what you get.”
And that really comes into play with a firm that is pioneering the field of robotic surgery.
At first glance, $600 a share seems steep. But this is a stock that could hit $1,800 a shares in as little as seven years.
- It’s Not Too Late to Get Your Piece of Amazon
- How Amazon Broke All the Wall Street Rules
- VEEV’s IPO is Behind it, But Huge Profits Are Still Ahead
- Here’s The Secret to Making the Real Millions on IPOs
- How Can Apple Keep Up in the Cook Era?
- Ignoring the Media’s Noise Can Be the Key to Massive Gains
- My Readers had the Chance to Crush the Market by 186% in 2019, but 2020 Looks Even Brighter
- Play These Three Tech Sectors for the Most Upside in the New Year