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Although I speak with Money Map Press Editorial Director Bill Patalon almost every day, it's been some time since we actually engaged in a full-fledged question-and-answer session for your benefit.
In today's conversation, Bill asks me about my outlook for tech stocks and helps me outline a risk-management strategy every investor should follow (especially now). And together we highlight the half-dozen tech stocks that will point you down the road to meaningful wealth.
Bill Patalon (Q): Michael, the Nasdaq Composite Index recently eclipsed the 5,000 level for the first time since the dot-com bust-up of 2000. And that brought the gloom-and-doomer crowd out of the woodwork in droves.
But you have an interesting take on this. You've said that – while volatility will likely increase in the near term for all stocks – you are more confident than ever for the longer term investment outlook of Silicon Valley and high technology.
Michael Robinson (A): That's right. In all the years I've been around Silicon Valley, I've never seen so much innovation reaching a point of critical mass all at the same time. A recent research report I read said that, on average, we're seeing roughly $1 billion worth of new tech opportunities coming out per week.
We are well beyond what I call the "Tech Tipping Point." Bear in mind that, back during the whole dot-com saga of 2000, most folks had dial-up Internet. Now we have broadband that is at least 100 times faster. Which gives us Netflix Inc. (Nasdaq: NFLX), Pandora Media Inc. (NYSE: P) and such Apple Inc. (Nasdaq: AAPL) services as iTunes and Apple TV.
There were no smartphones, no tablets and no connected car. Amazon.com Inc. (Nasdaq: AMZN) was just selling books. There was no such thing as cloud computing. And e-commerce was hardly the threat to brick-and-mortar stores that it is now.
Despite these differences, the stock prices we're seeing for technology firms today remain quite reasonable…
About the Author
Michael A. Robinson is a 36-year Silicon Valley veteran and one of the top tech and biotech financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
And even with decades of experience, Michael believes there has never been a moment in time quite like this.
Right now, medical breakthroughs that once took years to develop are moving at a record speed. And that means we are going to see highly lucrative biotech investment opportunities come in fast and furious.
To help you navigate the historic opportunity in biotech, Michael launched the Bio-Tech Profit Alliance.
His other publications include: Strategic Tech Investor, The Nova-X Report, Bio-Technology Profit Alliance and Nexus-9 Network.