Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

Wednesday's "Earnings Beat" Makes This The Perfect "Bad-Market" Tech Stock

In last week’s Private Briefing report Our Experts Show You the Stocks to Pick in a ‘Stock-Picker’s Market’,” Money Map Press Chief Investment Strategist Keith Fitz-Gerald identified SanDisk Corp.(NasdaqGS: SNDK) as one of three stocks to buy in the face of the stock market sell-off.

And now we see why…

  • Featured Story

    Bitcoin News Like This Gives Public the Wrong Idea

    Silk Road Bitcoin
    Ever since it popped onto the public's radar, Bitcoin has been unfairly saddled with a reputation for being little more than a high-tech tool for illegal activities. So when the BitInstant CEO got arrested for money laundering, the critics were crowing, "I told you so." But this incident is just one more distraction from why Bitcoin is going to be such a huge deal...
  • bitcoin currency

  • Bitcoin Is Defeating Governments (and Making Investors Rich) The world's two fastest-growing economies came down hard on Bitcoin in recent weeks.

    Dips followed, but ultimately the virtual currency began to slough off the news and continued to gravitate toward a loose, but tightening, trading range.

    And as a former senior advisor to a Silicon Valley venture capital firm, I've seen a lot of opportunities to make a killing on technology over the years.

    I'm talking about everything from ultra-fast semiconductors, to advanced sensors, to the rise of the Internet and today's mobile revolution.

    But in all those years, I've never seen anything reach critical mass as quickly as Bitcoin.

    Consider that less than three years ago, few but a small cadre of hardcore tech geeks had even heard of this new crypto currency.

    Today, however, this virtual money is traded on roughly 80 global exchanges. It's also accepted at thousands of retailers throughout the U.S.

    And it has handed some savvy investors gains of 1,000% or more in as little as a few months' time.

    Yet, skepticism persists. Predictions of Bitcoin's imminent demise by a wide range of so-called "experts" have proved premature at best.

    Fact is, Bitcoin to date has met every challenge thrown at it and come back stronger.

    For Bitcoin's backers and investors, that's great news. Because Bitcoin is now defying a growing list of global governments doing their best to stop its advance...

    For Bitcoin's backers and investors, that's great news.

    Because Bitcoin is now defying a growing list of global governments doing their best to stop its advance...
  • Ten Bitcoin Facts That Are Stranger Than Fiction 2012-06-27 15.05.12 Just about everything that has to do with the digital currency Bitcoin is at least a little odd. Like how one Bitcoin went from being worth just a few pennies in 2010 to being worth over $1,200 a few weeks ago. A lot of this stuff could only happen in the universe of Bitcoin. It doesn't get much crazier than this...