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If you're near the beach, I want you to head out there.
Now listen closely.
Hear that roar? That's the tsunami of cash headed toward our shores thanks to the corporate tax cuts President Donald Trump signed into law last month.
It's also the sound of you getting rich.
That's because the biggest beneficiaries of that tidal wave are investors in Silicon Valley-style technology.
See, American firms hold hundreds of billions in overseas profits – and these new business tax cuts are motivating them to bring it all back home. Data I've seen shows that 11 of the top 16 firms that will repatriate foreign cash are in high tech or healthcare – two of our biggest profit targets here at Strategic Tech Investor.
And the single biggest winner here will be Apple Inc. (Nasdaq: AAPL) – and its investors.
Well, I've got a brand-new Apple share-price prediction.
And whether you're a longtime Apple shareholder – or are just considering buying AAPL for the first time – I think you're going to like it.
Let's take a look…
$250 or Bust…
Apple is right now stashing more than $250 billion overseas – where it's avoiding the United States' pre-Trump heavy tax rate. (Just $39.1 billion will go toward taxes once it comes back home.)
That's the kind of war chest virtually every other company in the world can only dream about.
Now, I have a something of a history for making bold calls when it comes to Apple.
Way back on Oct. 30, 2013, I was one of the first to predict that Apple would hit a pre-split share price of $1,000. As a sign of how far "out there" that kind of call was at that time, FOX Business host Stuart Varney nearly jumped out of his chair when I repeated that forecast on his popular show, "Varney & Co."
That call wasn't just bold – it was accurate.
The stock reached my target price, on a split-adjusted basis, when AAPL hit $142.85 on March 28, 2017.
So, at the time, those of you who followed my advice on the occasion of my first prediction had made 93.1% gains – and beat the S&P 500 by nearly threefold – in well under four years.
Right now, Apple is trading around $175 – meaning you're sitting on 134.1% gains – and more than doubling the S&P 500's return over that stretch.
With that wave of cash coming Apple's way – along with all the innovations it's got going on in the lab – now is the time for my next big call.
This time, I'm forecasting its share price will hit $250 – putting its market cap well over $1 trillion – in the next 30 months.
Here's how it'll get there…
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.