And I told you I'd be back soon with a prime choice.
The roller-coaster market we've seen over just the past week – though, really, it's been with us all year long – brings with it great buying opportunities for tech investors. The earlier rallies that were making some stocks so expensive are largely gone.
One of my main jobs here is to help you make good choices when others are panicking. So today, we're "putting our best foot forward" by taking a look at a tech leader well off Wall Street's radar (they think it's merely a "software" company).
Getting Choosy About Stocks to Buy
Now, the situation is a bit different than it was the last time we spoke.
We had just come off the largest ever intraday point swing in the Dow Jones Industrial Average – when, on Monday, the index whipsawed 1,089 points. That day also saw one of the largest-ever daily point losses – and we witnessed another big loss on Tuesday.
Then, last Wednesday and Thursday things came roaring back.
While the worst of it may be behind us, we don't know for sure. And the markets are still significantly down so far this year – 7.2% for the Dow and 4% for the Standard & Poor's 500 Index.
Now, the challenge is to avoid getting complacent because the markets look good again – or paralyzed because you're afraid of what's going to happen next.
After all, the S&P 500 brought us gains of 31% in 2013 and 13% in 2014. And since the bull market began in March 2009, it's up 170%.
This is not the kind of buoyant market in which a rising tide lifts all boats, and that's what makes good stock selection – making good choices – so imperative.
We're now going through a "flight to quality" in which we're looking for companies that will outgrow the economy and post solid fundamentals.
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And 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.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael 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 "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.