Michael A. Robinson has details on the best tech stock to buy today.
Adobe Systems Inc
Informatica (NYSE: INFA) stock went public this week, and is well worth investing in for the long haul. Though long-time investors might recognize this enterprise software developer, those who don’t will want to pay attention. Right now, the stock is trading for $29.75 per share. Before it went private back in 2015, shares were priced at $48.56.
Making an early move on a stock is key in tech investing if you want to maximize your profits.
And a critical part of this strategy is knowing when to run toward a stock Wall Street's running away from.
In fact, Michael pointed out a beaten-down telemedicine firm last August that's given us gains north of 69%.
If you missed out on any of those profits, don't worry: Wall Street's making the same expensive mistake again, giving us another chance to jump in….
The cloud computing sector's grown more than 306% since 2013 – from a "mere" $58.6 billion to more than $236 billion last year.
Indeed, the numbers indicate cloud computing is likely to grow another 204% to top $718 billion by 2027.
And Michael's convinced this firm could continue to do four times better than the sector as a whole… .
The Dow Jones today will climb higher ahead of the latest update from the U.S.
The central bank will complete its two-day meeting on monetary policy on Wednesday.
Virtually no one expects any changes to the central bank’s stance on interest rates.
However, investors are paying close attention to how the Fed plans to address inflation.
Concerns about the economy continue to swell.
Volatility returned to the markets in the last week as the VIX spiked 38.5% and the S&P 500 experienced a 7% decline.
With the economy still struggling, investors are wondering if this is the start of another stock market crash.
But it could also be just a bit of “fat trimming” in a longer-term bull market poised to go higher.
Investing icon Peter Lynch had a key tip for investors who were looking to cut through the uncertainty to find winning stocks.
His advice: Invest in what you know.
It's a great bit of advice – even when talking about tech stocks.
And it's a great bit of counsel.
In a wild-and-wooly market like the one we're navigating now, focusing on a company whose products, services, and technologies you know, like, and use can give you one heck of a competitive advantage: You'll zero in on discount stocks before the deep-pocketed investment pros even realize there's a bargain to grab.
Today, I'm going to tell you all about one such tech play. It's a company I've been following for more than 30 years. And I've been using its technologies for almost as long.
In short, I'm going to tell you all about a stock that I know.
And I'll do more than just tell you about the company. I'm also going to walk you through the five "screens" that explain why this beaten-down tech leader should be on your personal "watch list" right now.
By the time we're done, if you decide to move on this stock, you'll be investing in what you know, too… Full Story
Like you and millions of other investors, I've been following the conflict in the Middle East closely; as the past week has shown, events there have the potential to impact multiple global market sectors.
And, not surprisingly, I've got a couple of important observations that could play a pivotal role in protecting your profits and your capital.
One of the most significant things, in my view, is what didn't happen: Markets didn't collapse. Not all that long ago, markets all over the world would've fallen through the floor the instant news of the attacks in Saudi Arabia broke. This time around, however, the markets displayed remarkable resilience. This strength is important to keep in mind.
Also important, though I'm sure you and I wish it weren't: There will be more attacks. The region is just too chaotic to count on peace breaking out.
And most importantly for our chat today, there will be strength in specific stocks if the conflict boils over again. That's what we're going to talk about now - how to concentrate your money to protect your capital and your profits...
The Dow Jones Industrial Average is down today as the odds of a Fed rate cut fall by 66%. But that's just one of many global economic worries.
News from the Federal Reserve, China and the Middle East all point to recession.
My wife says that at the rate I'm going, we're going to have to buy a new table.
Let me explain. My job as your tech analyst is to go beyond the headlines and find great tech stocks that can absolutely crush the market – in good times and in bad.
And that often means pounding the table for the global tech ecosystem in general, and for market rippers in particular.
That's exactly what I did back on Jan. 11. You may not recall it, but in my mind's eye, it's as if it were just yesterday.
At the time, the tech-centric Nasdaq had entered bear market territory, defined as a 20% drop from a recent high. I said it was "fear and not fundamentals" that was driving the market lower.
I then listed three beaten-down tech leaders I said were poised for big rebounds.
Today, I'm following up let you know – all three just crushed it, as I'll show you.