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Get Your Hands on This Blue Chip Now
But while the FANG stocks come under fire, analysts predict solid growth for our top tech stock.
This company's net income grew 136% in 2019. And it's pushing even further in the coming year. This is the perfect tech buy following the big antitrust probes announced on Sept. 9.
Fifty state attorneys general will investigate Alphabet Inc. (NASDAQ: GOOGL) for antitrust violations. Eight will look at Facebook Inc. (NASDAQ: FB). And the Justice Department will decide whether these companies should be broken up, and how.
Sounds scary for big tech. But not so much for our pick.
The mainstream media will panic, with headlines like "Google and Facebook's antitrust problem is getting much more serious" (The Verge).
But this is textbook "jumping the gun." We're far from doomsday, in fact. All we know right now is that these tech giants can expect minor losses under the public's magnifying glass.
And we know this because there is precedent for these cases. That precedent is also why one of our favorite tech stocks has slipped by today's antitrust radar.
This Under-the-Radar Tech Stock could mint trillionaires - yes, trillionaires - with its game-changing 5G network. Just click here to learn more...
The tech stock we're talking about has survived this already. It took its losses. But it's through the roof since then - and still climbing.
You can think of this company as FANG's older brother. He's paid his dues, and he just got his driver's license. Now, he's hitting the open road while Google and Facebook take their licks from the helicopter parents.
FANG stocks may have their growth stunted for a while. But this other tech stock is a perfect buy in the meantime.
And it's all because it controls one vital technology...
Why This Is the Top Tech Stock Today
About the Author
Mike Stenger, Associate Editor forĀ Money MorningĀ at Money Map Press,Ā graduated from the Perdue School of Business at Salisbury University. He has combined his degree in Economics with an interest in emerging technologies by finding where tech and finance overlap. Today, he studies the cybersecurity sector, AI, streaming, and the Cloud.