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In my 2019 tech investing forecast, I let my Nova-X Report subscribers in on the profit potential "Fort Silicon Valley" is set to unleash not only on the stock market, but the broader United States economy.
It's going to be more than enough to keep a downturn at bay this year.
What I found most exciting (and most profitable) was 5G wireless broadband – a force I predicted will be one of the most, if not the most, important driver in tech's 2019 comeback.
And what a comeback it's been: After sliding more than 4% in 2018, the tech-centric Nasdaq Composite is up a hefty 13.1% so far in 2019, beating the broader S&P 500 by 22%.
And to be clear, 5G hasn't even been rolled out yet. But my subscribers have had a shot at 127% in overall gains on my 5G "pre-plays" – firms that will be instrumental in getting 5G to the streets and critical to its smooth, continued operation once it's ready.
So in a very real sense, those triple-digit gains are just a taste of what's coming up…
The truth is that windfall represents the tiniest fraction of the estimated $12 trillion in new wealth 5G broadband will release all over the world…
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.