3 Stocks to Sell & 3 to Buy TODAY
I can see it now. And America 2.0 is going to SKYROCKET!
See, I’ve always been an early adopter of technology. It’s like I’m living at least three years in the future!
With that comes the foresight to see what stocks are going to soar and what stocks can be left in the America 1.0 dust.
Right now, I see three Blacklist stocks falling behind the innovation curve. I recommend ditching these stocks today.
But to fill the hole, I’ve got replacements for you. These three buys will bring you even bigger wins!
Watch Market Talk to find out how to rearrange your portfolio with three sells, three buys and my three-year outlook for the future of America 2.0:
Early Adoption of Technology
In our latest call, Paul shared an overall market view and general stock forecast for the next 1-3 years.
And it’s true!
Paul is what we call an early adopter of technology.
This is a term used to describe a person who starts using a technology, innovation or product as soon as it becomes available.
In my many conversations with Paul, I can tell you he walks the talk. From the concept of home grocery delivery, to living in a smart home to driving an EV with self-driving tech … innovations that we take as common place today, Paul was not only using in his everyday life, but also an early investor in startup companies that are now well-known nationwide and globally.
Here’s quick demo on where early adopters fall on the “Diffusion of Innovation” bell curve.
This curve shows the five categories of technology product adopters. First, there are innovators of technology, people like Elon Musk of Tesla or Jeff Bezos of Amazon fall into this category, followed by early adopters of technology like Paul and like-minded people, then there’s Early majority, late majority and laggards.
As an early adopter, Paul represents a group that’s the second fastest adopters of individuals who adopt a new technological innovation, at 13.5% of the total group.
Three America 1.0 Stocks to Sell
Before you buy into the stocks of tomorrow, it’s probably a good idea to clean-up your America 1.0 portfolio.
The first America 1.0 company company to consider selling is Exxon Mobil (XOM).
I’m sure you saw the news headlines on August 25, 2020. Exxon Mobil, which joined the Dow Jones Industrial Avg Average in 1928, was dropped by the Dow.
As Paul phrased it in our team call
“We are going to see a faster transition out of carbon. The best example of that is Dow Jones taking Exxon out of the Dow Jones Industrial Average. Just imagine that. Even 10 years ago that was unimaginable.
The massive shift to new energy: solar, wind, batteries.
An entire new infrastructure — a micro-grid that are going to be implemented. Meaning if you have solar on your house and you have a battery and you have extra, you can feed it out to your neighbor. It’s a brand-new infrastructure that will be created.”
The second America 1.0 company to consider selling is Raytheon Technologies (RTX).
Raytheon which had its initial public offering debut on September 5, 1934, was once a name synonymous with creating products and services in the aerospace industry, but unfortunately as of August 24, 2020 the company was officially booted from the Dow.
The third America 1.0 company to consider adding to the sell list is Visa (V).
Briefly last week, Tesla’s market cap eclipsed Visa’s as seen in this chart I tweeted out on August 27.
As one of our Twitter followers noted, they own both Tesla and Visa and are not selling Visa … just yet.
I asked Paul point blank on our call his thoughts on Visa. He predicts that eventually Visa’s stock price will go to zero.
“The vast majority of people in America cannot get a Visa or MasterCard. You have to have bank level credit to get it. They charge retailers various fees. That’s an expensive proposition.
You offer retailers a way around that, they will take it in a heartbeat.
Every person today who has PayPal, Venmo or Cash App, if you can run a transaction through that, it costs the retailer less.
It might cost them a few cents.
Now people want the convenience, but MC and Visa don’t think they have good enough credit. With Venmo and Cash App, you just do it on your phone.
If you have enough money, you can use it.
MC and Visa are destined for $0 just like banks and insurance cos. They are all going to die. They represent expensive solutions to very inaccessible solutions for the vast majority of people.
People who lack higher incomes can’t get these cards. They are locking out huge numbers of people.”
Three America 2.0 Stocks to Buy
Lastly, here are 3 three trades to buy for the America 2.0 revolution:
#1. As a new energy play consider buying the ALPS Clean Energy ETF (ACES).
#2. To play the autonomous technology & robotics revolution buy the ARK Autonomous Technology & Robotics ETF (ARKQ).
#3. Consider buying the ARK Fintech Innovation ETF (ARKF) to play the new financial payments systems and future of blockchain.
Editor, Profits Unlimited