Archives for May 2019

May 2019 - Page 14 of 15 - Money Morning - Only the News You Can Profit From

The Best Esports Stock to Buy Just Received Our Highest Score

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The e-gaming revolution is turning the hobbies of the 1980s in a $1 billion industry in 2019.

According to Statista, the industry is set to clear that benchmark this year. And the gaming analytics and market research experts over at Newzoo anticipate that the global esports market will surpass $1.6 billion by 2021.

Today, we turn to the Money Morning Stock VQScore to identify the single best stock set to capitalize from the e-sports industry.

VQScore tracks the 1,500 most profitable companies and assigns each a score from 1 to 4. The higher, the better.

That score projects whether a stock is poised to break out, helping you earn double- and even triple-digit gains in short order.

This week, the VQScore system identified the single best esports stock to buy as we approach 2020 and beyond...

Crummy 2018 Refund? These Corporate Tax Dodgers Made Billions - and Got $4.3 Billion Back

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Many Americans were disappointed and angry over lower-than-expected tax refunds this year.

But corporations fared much better.

This year, 60 U.S. companies that turned a profit in 2018 not only paid nothing to the IRS – they actually received millions in rebates from the government.

The 2017 tax law, while not entirely responsible, made the disparity between what individuals pay and what corporations pay much wider.

We've got all the ugly details right here...

My "Desert Island Stock" Gives You Four Companies for the Price of One

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My friends who don't fully get my stock-buying habits often ask "if you could own one stock for the rest of your life," or "if you had just one stock to own while you were stranded on a desert island for years," what that stock might be.

They expect me to name some tech giant trading at multiples so high I'd need a NASA spacesuit to own it, or some biotech "just about" to "change the world," despite the very long odds on blind biotech bets.

Or a driverless car company… or a drone manufacturer… or some other firm making a device that everyone expects to be ubiquitous in a few years…

All super-sexy, exciting businesses, absolutely; fun to read about and speculate on, but not my cup of tea. And they're certainly not "the one stock."

Why? Because I have no idea which tech company will own 90% of the planet in 50 years, or which will be replaced in five years by a couple of dudes in Toledo building a gaming system in their garage.

When and if they reveal themselves, and they're selling cheap, maybe I'll buy 'em – maybe.

But I'd definitely buy the one company that'll make it possible for all these futuristic, expensive, super-sexy mega caps to do business at all...