A triple digit gain from this overlooked tech stock
There's More to Tech Than FAANG...READ MORE
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There's More to Tech Than FAANG
Well known tech stocks can deliver big gains to traders in a short amount of time in part because they deliver products that consumers want. Those products allow the companies to generate extraordinary amounts of revenue and that leads to profits that attract investors.
But smaller tech companies can also deliver gains. Sometimes, the leaders learn from the smaller companies and adapt the ideas of the smaller companies into their own business models. This can devastate the smaller company.
However, there are also times when the smaller company takes notes of the changing landscape and adapts. This could even mean adopting ideas of the larger company and offering those services along with their initial product. We look at a company that is doing that in our latest article and we find a trading opportunity in that company.
The trading opportunity is significant, and it is a short term opportunity to target a gain of about 170%, using the recent market prices. This avoids the problem of determining whether the company will prosper in the long run. Tech is notoriously challenging in the long run for investors so by focusing on the short run, we believe there is an opportunity for profitable trades.
All of the details on the company, the strategy and the trade are right here.
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Not sure the best way to get started? Follow these simple steps to hit the ground running.
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