Auto sales are rocketing.
In November, the industry sold $1 billion worth of new vehicles a day, setting a record for that month.
And this flood tide of new vehicles will have more cutting-edge technology than ever before, creating a perfect profit storm of two exploding industries.
This is the most exciting time I've ever seen in the industry since I began tracking it 34 years ago.
And here's the thing: Google and Apple are excited, too. They'll make plenty of money on this trend, as you're about to see. But the "pure play" here is a much better investment...
tech stock picks
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- Stocks to Buy Now: The Next Members of Tech's "Thousand-Dollar Club"
- If Buffett Liked Tech, Here's What He'd Buy
Auto sales are rocketing.
When we began this journey together a few months ago, we started with a single powerful concept.
Fifty-seven percent of U.S. workers have less than $25,000 in saving - a reality that sentences those folks to a lifetime of vulnerability and fear.
After reading that, we vowed to help you dodge that bleak fate.
The key, we knew, was the U.S. tech sector.
From the lightbulb to the semiconductor to advanced sensors, America's Silicon Valley has churned out a steady stream of innovations that turned ordinary people into millionaires - sometimes virtually overnight.
So we identified seven powerful high-tech trends. And then we used my years of experience as a Silicon Valley insider to create five immutable rules we could use to identify double-your-money profit opportunities.
As we'll show you in an upcoming report, our strategy has already generated some impressive gains. And there's more to come.
The road to wealth, as we like to say, is paved by tech.
Right now only two stocks are members of the $1,000-a-Share Club - Google and Priceline.com. Over the past five years, Google is up 187%, while Priceline is up an astounding 1,925%. Compare that to the 80% return of the S&P 500. Clearly, stocks that reach $1,000 can deliver out-sized returns.
Warren Buffett used to define a "margin of safety" as a company that was trading close to - or even below - "breakup value."
Of course, that metric doesn't work as well today - especially in the parts of the tech sector that we like to focus on: You just aren't going to find many high-growth companies trading at bargain-basement levels.
But with U.S. firms sitting on a record $1.7 trillion in cash, you can find some name-brand tech firms whose cash reserves can cover a decent portion of their share price - creating a nice "margin of safety" as we move into the fall. (Good timing, considering everything that's happening - or not happening - in D.C. right now.)
I like to refer to these as "Cash is King" tech stocks.
So let's look at three of the best ones today.