Artificial intelligence (AI) is poised to add $13 trillion to the world's GDP by 2030.
And we're bracing for impact.
AI stocks like Intel Corp. (NASDAQ: INTC) are going to explode.
But you don't have to spend $60 on Intel - or $100s on some other tech stock -if you want to take advantage of this industry.
In fact, we're going to show you a few artificial intelligence stocks under $10 today.
Artificial intelligence (AI) is poised to add $13 trillion to the world's GDP by 2030.
And we're bracing for impact.
AI stocks like Intel Corp. (NASDAQ: INTC) are going to explode.
But you don't have to spend $60 on Intel - or $100s on some other tech stock -if you want to take advantage of this industry.
In fact, we're going to show you a few artificial intelligence stocks under $10 today.
In our twice-weekly chats, I often suggest investments that are part of large tech sectors.
For instance, the life sciences field defines huge. Just the prescription drug segment alone will be worth $1.2 trillion by 2024, according to data from Statista.
So, you might be wondering why I am focused on a medical area that will be worth just 0.1% of that figure over roughly the same time frame.
It's a fair question. The answer is pretty basic. A high-octane leader
focused on specialty drugs can make a killing.
And the one I'm going to reveal to you today defines profit machine. It's on pace to double per-share earnings in as little as a year.
DraftKings Inc. (NASDAQ: DKNG) has taken a rocket ride since going public via a reverse merger with a blank check acquisition company earlier this year.
The stock has almost tripled as investors raced to cash in on the sports betting and online gambling business.
But there's more to this company than an app.
In just 60 days, the pandemic and lockdown changed our way of life permanently.
Sure, the economy will recover and we'll be able to go to restaurants again.
But some changes are here to stay.
And those changes are unprecedented profit opportunities for those who find them, especially in e-commerce stocks.
And this one could be one of the biggest winners of the new economy...
Cash is dead.
And the latest evolution in how we pay could be one of the biggest investment opportunities of the year.
Humans have used all sorts of things as a store of value since the dawn of time, so this trend is nothing new.
But the coronavirus pandemic is making the change to contactless payment happen right now.
And it could be one of the most profitable tech breakthroughs this year...
While the market has made quite an amazing rally over the last few weeks, we are not out of the woods yet.
But regardless of where the market goes from here, there is one type of business I can always count on: e-commerce.
And that's especially true in today's world.
In short, e-commerce is saving the day and giving people the ability to stay in their homes.
This is why I am looking to invest in this unstoppable trend with this backdoor play...
If you're keeping in touch with friends, relatives and even work using Zoom you're in good company.
Up to 300 million other people worldwide are now using the software, according to CEO Eric Yuan, and that is up 30-fold since December.
Having folks stay at home has been very good to its maker Zoom Video Communications Inc. (NASDAQ: ZM).
But does that mean Zoom stock is a good buy right now?
Money Morning Chris Johnson, Quantitative Specialist, has your answer.
If you're anything like me, you've heard just about everything there is to know about 5G by now.
Don't get me wrong; the 5G story is huge.
Probably the most significant technological innovation to come to America - and the world - in our lifetimes thus far.
The breakthroughs it could bring and sectors it could revolutionize have been covered for years by my colleague, Money Morning Defense + Tech Specialist Michael Robinson.
But, while 2019 was certainly an exciting year for wireless technology, after an announcement made by one of 5G's biggest players two weeks ago, I am even more excited for the future of this technology - and you should be, too.
With the coronavirus crash taking 23% off the Dow Jones Industrial Average to date, more folks are catching the "buy the dip" wave.
Buying the dip, even if it's yet to bottom out, is a great way to "average down," as Shah Guilani, Money Morning's capital wave strategist, puts it.
According to Shah, long-term wealth is built from raising the long-term average profit accumulated over time.
It's simple: buying Alphabet Inc. (NASDAQ: GOOG) for $1,260 right now is better than buying it at $1,367 on Jan. 1.
A recent advance that largely flew under Wall Street's radar says a lot about why artificial intelligence (AI) is set to have a $15.7 trillion impact on the global economy.
Known as neuromorphic computing, the cutting-edge method gets closer to simulating the way human brains work. The system could redefine high-performance computing because it operates.
And one tech dividend stock is at the forefront of this revolution...
Almost 60 million students who typically attend elementary, middle, and high school are home right now - and might be until September. Add in college students, and that number grows to 80 million.
That's a quarter of the entire U.S. population who previously had somewhere to go all day now doing... nothing.
And there's one obvious spot they'll turn to: gaming.
And while there are dozens of big-name tech stocks in the space, this is the best one to buy today.
Last week, I noted that one of the 10 tools for coping with the new bear market is to put together a watchlist of great tech stocks you'd like to buy.
The idea here is to get set up for when the market turns our way again.
At this point, I have no doubt that the market will rebound as it always has in the past.
But by definition, this choppy, news-driven market greatly increases the risk of getting in too early.
To avoid doing just that, I recommend looking for tech leaders that you would like to own for the long haul.
That means giving each one a thorough checkup to make sure that prior to the correction, they had a great track record of earnings gains.
If you've followed along with me for any length of time at all then you know I'm a big believer in cloud computing.
And it's not just because the global market is growing at 21.4% a year and will be worth $185.8 billion by 2024, according to KBV Research.
It's something far more fundamental. A well run firm that uses the cloud to deliver software as a service (SaaS) have two things that hardware companies can only dream about.
The first is high profit margins. The second is even better - recurring revenue. Literally the money just rolls in month after month after month.
Here's the thing; companies that have made the move from software publishing to the cloud can really clean up.
That's really important now because after the bear-market rout, companies and investors alike are taking a shine to liquidity.
Today, I'm going to reveal five reasons why a beaten-down tech leader should be on your watchlist right now...
On Thursday (April 2), legendary short-seller Jim Chanos warned that investors should be wary of "coronavirus stocks" that are temporarily surging due to a large volume of "stay at home" users engaging their services.
Perhaps there is no bigger example than Zoom Video Communications (NASDAQ: ZM).
Naturally, the explosion in use has many people wondering if they should buy zoom stock now.
The answer has absolutely nothing to do with Jim Chanos, its explosion in demand, or the recent headlines about Zoom bombing and hacking across the country.
There is nothing that excites the imagination more than outer space.
Up until recently, the only way to get there was to become an astronaut.
Now Elon Musk's SpaceX is back in the news after signing a deal to take customers to orbit in the next two years.
But there's more to the story.
