Bio-Techne Cp

I love being right.

I was right about tech stocks – as a group and on dozens if not hundreds of individual plays as well. I was right about legal cannabis stocks. And I'm right on cryptocurrencies and blockchain technology.

But sometimes I love being wrong, too.

You see, as a longtime Silicon Valley insider with a strong track record of picking the fastest-growing stocks in the market, I have shied away from dividend plays. And I was wrong about that.

Fact is, in "Old Silicon Valley," dividends were held suspect – shunned even. That's because fast-growing firms need to send most of their cash flow back into R&D and finding new growth opportunities.

So I felt that when a tech leader started to pay dividends, it was a sign that senior management had decided to play it safe rather than advance more breakthrough products.

But in the "New Silicon Valley," high-tech firms are becoming some of the best dividend stocks to own, while still offering lots of new growth.

Today I'm going to show you why that's true.

You'll have to forgive Mike Petters if he seems a little tongue-tied these days.

Ever since the Budget Control Act of 2011, things have been slow in the military shipbuilding industry.

That law is what led to "sequestration," the across-the-board spending cuts of $1.2 trillion over 10 years, roughly half of that from defense.

So things have been a bit depressing in Norfolk, Va., and other shipbuilding centers.

But no longer.

Yes, the markets are under pressure, but let's tune out this kind of short-term noise and look for great long-term moneymaking opportunities. In fact, sell-offs like we saw last week give us a new buying opportunity.

While the talking heads were going crazy over the Trump administration's decision to slap tariffs on imported steel and aluminum, there's some great news coming out of the White House that everyone seems to be ignoring.

Here's the thing: Coming on the heels of a brief government shutdown, the recent budget deal will hand defense contractors an extra $75 billion over the next two years. The Pentagon intends to boost spending maintaining older equipment – and on new aircraft, missiles, tanks, and, yes, ships.

Petters' company may be the biggest beneficiary of this new defense buildup – but it's far from the only one.

So today I want to tell you more about this company – and three others that will be making big bank on the strength of all those tens of billions heading the Pentagon's way.

I'm writing today to ask you a simple question: Would you like to earn a 49,000% return on your investment?

Please don't think I'm just being rhetorical here.

You see, I've been telling just about anyone who will listen for the last four years that the road to wealth is paved by tech.

During that period, we've often been met with deep skepticism from the national media. But a there's a powerful new stat that proves what we've been saying all along.

It's about to become one of the biggest tech rivalries of all time.

We're talking bigger than AMD vs. Intel, Netflix vs. Comcast, and Apple's iOS vs. Alphabet's Android.

That's because this growing showdown is taking place over the Internet of Everything (IoE).

There's a lot riding on the line here. Over the next two decades, the IoE will have a business and economic impact worth between $14 trillion and $25 trillion.

See, the IoE will connect trillions of sensors around the world that will be attached to everything from autos and streetlights to shipping boxes and robots to smart cities and homes.

That's why the General Electric Co. and Siemens AG are fighting so hard to dominate this budding field.