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I'm frequently asked if it's still possible to find huge winners in today's stock markets.
Many investors don't believe it's possible now that the bull market is a whopping 3,100 days old, and many of the best-performing stocks are already household names.
They couldn't be more wrong.
Not only is it absolutely possible to find the market's next monster profit-makers - it's also very simple if you know what to look for.
You can do it!
Scoring huge winners is not about being part of some super-secret Wall Street club or being an insider in Silicon Valley. What's more, it doesn't take a huge amount of money to make money, like many investors believe.
The secret is in understanding how to identify the difference between a company making just "cool, nice-to-have" stuff and one offering truly "must-have" products and services the world can't live without. The former is a risk you don't want, let alone need. The latter is where you and your money want to be.
Let me give you an example.
Millions of investors were enamored with these companies in the lead-up to their initial public offerings (IPOs for short). They both offered new gee-whiz technology that would allow users the ability to track and record their lives.
Sadly, most got taken to the cleaners for reasons I outlined in articles at the time when I encouraged you to avoid both companies like the plague.
Today, Fitbit has fallen -87.37% from its peak, while GoPro has tanked to the tune of -89.23%. Had you invested $10,000 in each, you'd be left with only $1,263 and $1,077, respectively. Ouch!
How could things go so "wrong?"
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Well, it's because they were never "right" from the start.
Fitbit and GoPro offer nothing more than "nice-to-have" technology. They've got plenty of competition, and the social impact hyped up as part of the IPO process was an illusion cooked up by Silicon Valley insiders to get you to buy in... and make them millions, even as they separated millions of gullible investors from their money.
Contrast that with companies we talk about all the time including Google - now Alphabet Inc. (Nasdaq: GOOGL) - Amazon.com Inc. (Nasdaq: AMZN), Facebook Inc. (Nasdaq: FB), and Apple Inc. (Nasdaq: AAPL).
Each of these companies is a "must have" with technology that can literally change the world... and a business model to go with it. Most investors are missing that connection, especially when it comes to easy-to-misunderstand devices, like Fitbit's and GoPro's cameras.
The best part is that all they have to do is tweak a few lines of code to add millions of customers and billions of dollars to the bottom line. In fact, that's what makes them really valuable.
Apple is getting ready to pivot into medical devices. Alphabet is working on everything from self-driving cars to medical data. And Amazon... oh Amazon... is almost single-handedly creating an extinction-level retail event for conventional brick-and-mortar retailers.
"Nice-to-have" companies like Fitbit and GoPro have cost investors millions, but "must-have" competitors are making investors billions.
I say grab your fair share.
Or somebody else will.
Key Takeaways from Last Week
Not Even War, Terrorism, and Ugliness Can Derail Today's Markets: Contrary to what millions of investors expected, the financial markets powered up following last Sunday's horrific shootings in Las Vegas. And there's a very good reason why. Full story...
The Best Way to Add $2,000, $5,000, or More to Your Income Each Month: I've uncovered a simple way to protect yourself from today's new government regulations. And it's already helping thousands of ordinary Americans retire as millionaires. Full story...
Before You Buy Another Income Investment, Read This: Millions of income-starved investors are desperate for cold, hard cash. Yet, very few know where to turn let alone how to evaluate the myriad of financial choices. Here's one metric that matters above all others when it comes to maximizing your cash flow. Full story...
To get Keith's latest recommendations as soon as they're published, check out his Total Wealth newsletter. There Keith explores the keys to profiting in any situation - must-have companies in the six "Unstoppable Trends" backed by trillions of dollars that neither the government nor Wall Street can hijack. Anyone keyed into these trends can beat the market - especially with Keith as your guide. Click here to get Total Wealth yourself. It's absolutely free.
Up Next: Unlock the Secret to Life-Changing Wealth
With gridlock in D.C. and rising geopolitical tensions, many are concerned about a market downturn that could set them back years.
But here's the thing - none of that matters. Because I've identified a pattern that takes a lot of the guesswork out of finding those lucrative opportunities.
This pattern is a way to see that a stock is rising with near 100% certainty. When it appears, the stock is going up in price - fast.
I'm talking nine gains in one week... 30 triple-digit gains this year... and 46 triple-digit winners in the last 12 months.
It's not too late to get in on this yourself. Click here to learn how...