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As a contrarian investor, I take a lot of pride in a "go my own way" mentality that fosters independent thinking and an outright avoidance of decisions made by "the crowd."
But I'm also my father's son, meaning I take pride in my honesty and candor.
So I'll be completely honest with you folks here: Thanks to the coronavirus pandemic and the work-at-home wave the crisis ignited, I've joined the millions of other folks who are using the collaborative software created by Zoom Video Communications Inc. (NASDAQ: ZM).
Thanks to that stampede, the stock went vertical: It's nearly doubled in the last year.
Here's why I'm telling you this.
The "COVID-19 Trigger Effect" is igniting other opportunities, too. The impact has caused:
- A big surge in e-commerce - as consumers eschew the risk of brick-and-mortar stores.
- A huge migration into plant-based meat replacements - which I predicted two years ago and continue to tell my Private Briefing subscribers about.
- An accelerating adoption of "telemedicine" apps - which my mom, son, and I have all experienced firsthand.
- A hefty spike in video streaming - an opportunity that made Private Briefing subscribers 50% just last month, with more to come.
- A way-before-expected move into e-sports - we brought Money Morning readers a beneficiary pick, Nvidia Corp. (NASDAQ: NVDA), which is up 10% in less than three weeks, an annualized equivalent of 148%.
Today we've got another COVID-19 Trigger Beneficiary trend.
I'm calling this one the "Cash-Is-Trash Effect" - that comes with a possible Bitcoin tailwind...
And I've got the winner for you...
About the Author
Before he moved into the investment-research business in 2005, William (Bill) Patalon III spent 22 years as an award-winning financial reporter, columnist, and editor. Today he is the Executive Editor and Senior Research Analyst for Money Morning at Money Map Press.