When looking for tech investing winners – like Apple Inc. (Nasdaq: AAPL) – the best gains come by jumping on unstoppable trends. The "mobile wave" trend is precisely one of them.
You see, Apple is projected to sell a quarter of a billion iPhone 6s in 2015. The force behind that is Apple Pay. Apple Pay is the company's mobile payments system that lets users pay for things by waving their phone over them.
In 2014, shoppers made $50 billion in mobile purchases. That number will soar to $214 billion in 2015 – an amazing 328% jump.
Apple CEO Tim Cook even said that this new easy, secure, and private way to purchase things "is going to be profound." I agree!
But I'm not looking for AAPL to be the biggest winner here.
No, the big winner in this sea change is a below-the-surface specialty chip maker whose products make the whole payments revolution possible.
You see, what makes mobile payments work is a highly specialized technology called "near field communication" (NFC). An NFC-ready smartphone can "read" tags on bottles, posters, coupons, and retail products.
The company I've discovered produces the microchips you find in Apple's iPhone 6s, and in dozens of other products… such as tablet computers, "connected" cars, TV set-top boxes, and more…
And here's the kicker. Right now, only about 10% of U.S. payment terminals are able to process phone-swipe payments. That means that as mobile payments expand, countless merchants will have no choice but to upgrade their computers and cash registers to handle them.
And make no mistake… those merchants will upgrade.
After all, by using a mobile payments system, merchants sidestep the hefty fees they pay to credit card companies – currently a cool 2% to 3% per transaction.
That means we're virtually guaranteed to see the kind of hardware replacement cycle that happens barely once a generation.
That means this company could explode.
And I'm looking for them to give us an easy double-digit payday in 2015.
But that won't be just from mobile payments.
The same technology behind the $124 billion mobile payments wave is also behind the projected $9.56 billion "wearable tech" boom.
Several technology insiders say the wearables market will be bigger than anyone can imagine. It will grow at a compounded annual rate of 78% for the next several years. That means it will double roughly every 11 months.
One senior research executive at Cisco Systems Inc. (Nasdaq: CSCO) said the number of digitally connected objects grows by 300,000 every hour.
Juniper Research says revenue from the wearable tech market will hit $19 billion in 2018.
And this potential $19 billion market cannot exist without this company's NFC technology. That's why this company has the potential to be massive for tech investors.
You see, all the ingredients are now present for a multiyear run in tech stocks that will dwarf anything we've seen before – creating a slew of new tech millionaires. Make the right moves and you can be one of them. I will show you exactly what to do with this 2015 Tech Investor's Forecast. It highlights seven specific tech stocks to buy right now that could create Alibaba-like wealth this year.
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.