Michael A. Robinson- Money Morning - Only the News You Can Profit From.
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Technology Article 0 Wednesday, November 28, 2018This Silicon Valley Mover Is Set Up for Triple-Digit Gains
A tech powerhouse I've been tracking closely has gained some 290% over the past five years.
Plus, a beat-and-raise quarter sent its shares up more than 6% on Nov. 6, when the Nasdaq was still in a correction.
That kind of strength in the face of weakness is reason enough to watch a stock.
But I've got more personal reasons for following this big winner.
See, I personally played a small role in its success.
During my 35-plus years in Silicon Valley, I've served as a venture capital firm board member – and I've acted as a senior adviser to a dozen tech startups.
That's a practice I continue today.
While I'll bet no one at this tech firm realizes it, during its big run-up, it bought one the startups I advised – and that $126 million acquisition played a substantial role in its growth.
With that in mind, today I'll show you why this Valley leader is making moves up while most of tech is tumbling.
And then I'll show you exactly how long you'll have to wait to pick up your own triple-digit returns on its stock (Hint: it's not long).Check it out...
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