My wife and I have taken on a new Friday night ritual.
And it just so happens to involve what promises to be a very lucrative trend for savvy tech investors.
Let me explain.
My wife and I have pretty demanding jobs, and we just don't have the energy to cook on Friday nights. So, for years, we'd usually order pizza to be delivered, occasionally switching things up with Chinese.
But a few months back, our mobile-centric daughters started talking up the joys of online ordering for food delivery. We decided to give it a try, and now we're hooked. One of the things we like most about this type of service is it gives us the ability to order from dozens of local restaurants.
And that's playing out in homes all over America as online and mobile orders shake up the U.S. restaurant industry – one currently valued at roughly $800 billion.
So, even a small portion of that massive market spells big profits for a firm that has the right kind of tech to hook hungry buyers as repeat clients.
With that in mind, today I'm going to show you a firm that is doing just that.
And I'll show you why this tech stock is set to double in less than two and a half years.
Check it out…
Getting Your "Grub" On
Now then, I've often written here highlighting this inescapable fact about the U.S. economy – every business today is a tech business.
Among other things, they all need access to e-commerce, digital payments, and mobile apps.
That last category is particularly tough for restaurants. They just don't have the time and talent to launch their own accurate online and mobile-ordering systems.
That's where GrubHub Inc. (Nasdaq: GRUB) comes into play. It offers users the chance to order their favorite foods from their desktops or handhelds, get an estimate of delivery time, find restaurants by cuisine type, and weigh user ratings.
In other words, it's a robust portal. And that's a big reason why industry experts say the portion of online restaurant orders could double in less than a decade.
Make no mistake – GrubHub is a seasoned leader that stands to offer investors at least a double in price appreciation.
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Now, let me show you why by running it through my five filters for building tech wealth.
Take a look…
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.