Follow Auto’s New “Big 3” to Tech Profits
When Karl Benz invented the gas-powered car 150 years ago, buggy companies didn’t even try to compete by building a better horse-drawn carriage.
They wisely figured: Why bother?
Yet, today, many old world firms are engaging in the equivalent of a horse-and-buggy upgrade in the automotive age.
In more and more industries, new world companies are capitalizing on mega tech trends and displacing these old world stalwarts that are clinging to the ways of the past:
- Tesla, Uber and Lyft are the auto industry’s new “Big 3,” replacing Ford, GM and Chrysler — just as Benz’s combustion-engine cars replaced horse-drawn buggies.
- Fintech and online retail are outpacing brick-and-mortar banks, stores and shopping malls.
- Genetic advances are remaking our one-size-fits-all health care system.
- Beyond Meat and other companies are bringing plant-based meat alternatives to the American dinner table.
These innovators are transforming how we live by making things we buy and use better and cheaper.
They’re also making smart investors rich.
In this week’s Bold Profits Daily updates, we pinpoint some key tech innovators who — like Benz — are leaving their old world competitors in the dust and offering you a fast track to wealth.
Week in Review
Monday, April 22: Paul Mampilly, Amber Lancaster and Ian Dyer join us on video to explain How Tech’s New World Is Eclipsing the Old in this week’s Market Talk. Paul notes an explosion of tech innovations are blowing up old business models and creating new ones like nothing we’ve ever seen. Amber observes that our Disruptification Index of innovative companies is beating the markets — up 23.9% year to date, versus 13.9% for the Dow Jones Industrial Average and 15.9% for the S&P 500 Index. And Ian adds that blockchain and cryptocurrencies are revolutionizing how we live our lives. Click here to watch.
Tuesday, April 23: Paul explains why Biotech Is Booming and gives two picks to cash in on. Small biotech companies are making big gains — and getting bought up by big firms — because they are developing life-changing and lifesaving new drugs, treatments and therapies, he notes. Click here to watch and for Paul’s recommendations on getting in on this trend.
Wednesday, April 24: Amber profiles a game-changing genetics development in Red-Hot IPO Coming to DNA Testing Market. She explains that genetic testing is a booming industry, with the market for direct-to-consumer DNA testing projected to hit $310 million by 2022. Click here for Amber’s best bet to take advantage of this investment opportunity.
Thursday, April 25: Ian tells us why Startups Are Quickly Taking the World by Storm. The year is shaping up to be a great one for a huge playing field of innovative companies — especially e-commerce, ride-sharing services and robotics. Click here for Ian’s take on a great way to capitalize on the startup revolution.
Friday, April 26: Nick Tate takes a closer look at how to profit from the growing meat-substitute market in IPO Play for the Meatless Burger Boom. With 40 million Americans going vegan or vegetarian — and rising — Nick explains that now’s the time to buy into the mega meatless trend. Click here for Nick’s recommendation on a great way to capitalize.
Your Bold Profits Team