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This week on Fast Profits with Money Morning, I'm bringing you another potential 100% (or more) win based on one of the biggest trends to emerge out of the coronavirus crisis: work from home.
About 20% of the American workforce has shifted indefinitely to remote work setups, a trend likely to remain a mainstay long after COVID-19 is dead and gone. What makes remote work easier and more possible than ever before is the accessibility of cloud computing software.
Today's featured stock to trade is behind the cloud computing resources the world will need.
And today's trade isn't just a play on remote work, but it also taps into today's biggest market catalyst: earnings season.
We're in the middle of one of the most important earnings seasons in history. The reports issued this month will make or break our economic recovery from the impact of COVID-19.
Today's Fast Profits stock recently soared 16% after an impressive earnings beat. It may have seen a bit of a sell-off over the last few days, after traders took some profits, but this just gives us a great buy-in point as this company continues to thrive on fundamental demand for remote work technology.
That's why today I'm not only recommending this stock, but also a call option play to double your money over the next few months.
Check out the full trade details in this, the latest from Fast Profits…
Action to Take No. 1: Buy shares of Citrix Systems (CTXS) for $140 or less.
Action to Take No. 2: Buy to open the Citrix System (CTXS) Jan. 15, 2021 $150 call for 8.70 or less.
You Still Have 24 Hours to Cash In on This Crypto Catalyst
I'm sure it won't surprise you to hear that work-from-home isn't the only megatrend to take hold as we adapt to new economic reality mid- and post-COVID.
Cryptocurrencies for example are getting a lot of attention as one of the few securities free from institutional influence.
As the U.S. government continues to prop up the economy with millions in stimulus, the fate of "safe havens" like gold and the U.S. dollar become more and more uncertain.
Cryptos, on the other hand, can't be manipulated by the Fed's desperate attempts to keep the economy afloat. And now Tom Gentile's discovered something in the crypto market that's expected to cause a drastic shift in the economy.
This tiny altcoin is reimagining the purchase and sale of cryptocurrencies, all while maintaining the integrity of a truly decentralized trading experience.
And you don't need to be a tech whiz to cash in on this catalyst, Tom can show you exactly what to do and how to do it, so you can stake your claim in what he's calling his "biggest find yet."
We're talking about multiple 1,000% potential winners here.
But the window on this opportunity is closing, and by tomorrow, July 30, the doors will shut for good.
About the Author
Chris Johnson is a highly regarded equity and options analyst who has spent much of his nearly 30-year market career designing and interpreting complex models to help investment firms transform millions of data points into impressive gains for clients.
At heart Chris is a quant - like the "rocket scientists" of investing - with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street's data-rich environment.
He began building his proprietary models in 1998, analyzing about 2,000 records per day. Today, that database, which Chris designed and coded from scratch, analyzes a staggering 700,000 records per day. It's the secret behind his track record.
Chris holds degrees in finance, statistics, and accounting. He worked as a licensed broker for 11 years before taking on the role of Director of Quantitative Analysis at a big-name equity and options research firm for eight years. He recently served as Director of Research of a Cleveland-based investment firm responsible for hundreds of millions in AUM. He is also the Founder/CIO of ETF Advisory Research Partners since 2007, noted for its groundbreaking work in Behavioral Valuation systems. Their research is widely read by leaders in the RIA business.
Chris is ranked in the top 99.3% of financial bloggers and top 98.6% of overall experts by TipRanks, the track record registry of financial analysts dating back to January 2009.
He is a frequent commentator on financial markets for CNBC, Fox, Bloomberg TV, and CBS Radio and has been featured in Barron's, USA Today, Newsweek, and The Wall Street Journal, and numerous books.
Today, Chris is the editor of Night Trader and Strikepoint Trader and contributes to Money Morning as the Quant Analysis Specialist.