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Another "tariff tantrum" between the United States and China may have put the hurt on Huawei, but it's also pulled one high-tech communications stock into an ideal trade window…
As Chris Johnson will tell you in a moment, this company provides high-speed data processing services between network providers, the proverbial backbone of the biggest tech advancement of our generation: 5G.
And as trade tensions with China inevitably subside, this stock could be one of the biggest winners.
After news of the temporary Huawei roadblock, this company took a dip, bouncing off of its 50-day moving average. As a technical trader, Chris knows that means one thing – although this stock is down for now, it won't be down for long.
Chris is expecting this stock to rebound more than 30% pretty soon, but for our options traders, this could mean a quick 100% payday on the other side of a nearby trade deal.
So today, Chris has pinpointed a call option to do just that.
Get the full details from Chris in the video below…
The Endless Profit Potential of 5G
Action to take No. 1: Buy shares of NeoPhotonics Corp. (NYSE: NPTN) using a limit order of $8.20.
Action to take No. 2: Buy to open NPTN Aug. 21, 2020 $7.50 calls (NPTN200821C00007500) using a limit order of $1.55.
As the world continues to embrace the latest generation of wireless tech, demand for stocks like NPTN will only keep climb climbing.
But that isn't the only 5G opportunity on the horizon…
By now you've undoubtedly seen the commercials saturated with 5G hype.
But the reality is this tech revolution was going nowhere fast. It was actually following the glacial pace of the 4G rollout…
Until the government stepped in with a $10 BILLION initiative to fast-track the U.S. network evolution, that is.
Now this trend is about to go mainstream, and Money Morning Defense and Tech Specialist Michael Robinson can show you exactly how to capitalize on the shift. In fact, he's already got your first recommendation ready to go, a play that could hand you as much as $125,000 by year end.
One Last Thing…
I'm so glad you've taken the opportunity to fight back against the 2020 economic crisis with one of my Fast Profits trade recommendations. But we're not out of the woods just yet… And to best guide you through these uncharted waters, I'd love to hear from you! Please take a moment to send me a note in the comments section below. I'm happy to answer any questions you may have, and I appreciate any and all feedback.