This Ignored Tech Stock Is My No. 1 Pick for 2019
Investing in today’s market is nerve wracking.
As a Wall Street investor, my hedge fund was ranked in the top 1% by Kiplinger’s before I retired – Now, I have three exciting tips for you.
Here are my three tips for 2019 …
First, be thankful every time the market drops. It’s a gift – the economy is strong. Real strong. I believe the Dow will soar to 50,000. So these short pull backs are great opportunities to buy more of your favorite stocks.
Second, stop diversifying. Instead, only buy stocks that are on the forefront of a major technological revolution. Those are the ones that will soar.
I have spent the last several months studying one such stock. A small California-based chipmaker that’s developed a new technology that could unlock an entire new industry.
That stock is none other than Nvidia (NVDA) which has recently dropped as much as 55%.
Which leads to my third point.
Third, buy stocks at the right price. Nvidia is a great example. It’s an amazing company, but at $290, it’s just too much money. Now that is nearing $130 … I give it a strong buy.
Since my retirement from Wall Street, I have spent a good part of my career giving speeches to Main Street investors to help them avoid the devastating pitfalls that many fall into.
Much of my advice is contrary to conventional wisdom.
For example, in 2016, I recorded a video from my home in Raleigh, NC. In it, I told people to go “all in” on Internet of Things stock STMicroelectronics (STM), for only $6. Many thought that was too speculative, but today the stock is sitting at $13.
A year later, I recorded another video revealing why the Dow will soar to 50,000 by 2025. I still stand by my claim that the big boost to the stock market will be the 90 million millennials who are just starting to invest. We are nowhere near a top.
And most recently, I revealed a new video presentation with all the details behind a company I am calling “the stock of the century.” You can see my video presentation here. I believe this stock has a ton of potential as it holds the key to unlocking a $3.1 trillion industry. The same industry that The Economist hails as “The next big thing” and Fortune says will “Change the world.”
To get all the details on this stock of the century, watch my latest video presentation by clicking here.