Paul Mampilly, the Wall Street legend whose hedge fund was ranked among the world’s best by Barron’s and listed in the top 1% by Kiplinger’s, recently issued his Blacklist for 2020.
This is a list of 100 stocks that Paul predicts will crash in short order, starting as soon as this year.
On that list are stocks such as Apple, Home Depot and General Motors.
“These companies are doomed,” Paul says. “They will be tomorrow’s Blockbuster and Sears.”
Most shocking of all is why Paul gives these stocks a sell rating. It’s not because the economy is going to crash, but rather “We are entering an era I call America 2.0. We could see the Dow rise to 100,000, but these companies on my Blacklist, they aren’t ready for this new economy. They will die off. It’s already begun.”
Instead, Paul suggests you buy his No. 1 stock … a $10 stock at the forefront of America 2.0. He has proof that this stock could quickly rise to $50 … $85 … and eventually $100.
And if Paul’s track record is any indicator, you should buy his No. 1 stock today.
In 2016, his No. 1 pick (Tableau Software) went up 199%.
In 2017, his No. 1 pick (Foundation Medicine) went up 524%.
In 2018, his No. 1 pick (Roku) went up 393%.
In 2019, his No. 1 pick (MTech Acquisitions) went up 332%.
And he believes this $10 stock could do even better.
“It’s about to make a major move,” Paul continues. “BlackRock bought 514,000 shares, Vident bought 404,000 shares, and Invesco scooped up 8 million shares. It could move fast. Real fast.”
|Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest — you can lose some or all of your money. Never risk more than you can afford to lose.|
About Profits Unlimited
Profits Unlimited is one of America’s leading financial newsletter research advisories. Paul Mampilly has been featured on CNBC, Fox Business News and Bloomberg TV. He uses his skills, experience and knowledge as a former Wall Street insider to introduce his more than 130,000 subscribers to stocks that are primed to grow.