Turbocharge Your Tech Profits in 2 Easy Steps

Tech's great year in the markets doesn't appear to be over. Here's how to take advantage.

View or listen in browser June 3, 2024 Turbocharge Your Tech Profits in 2 Easy Steps Dear Subscriber, By Gavin Magor A recent Harris Poll indicated that 49% of Americans believe the S&P 500 is down for the year. Tell that to the broad-market index, which is up some 10.4% year to date. I would guess that they are the same Cassandras out there saying that the AI tech trend has already run its course. Yes, there have been big gains made in leading AI stocks. Nvidia (NVDA) alone is up some 123% this year. And it’s gained $1 trillion in market cap in just that short amount of time. Now, I understand that investors can be fearful. With a run-up like that, it’s easy to wonder whether the biggest gains in AI have already been made. Well, I’m here to tell you that, as the person in charge of Weiss’ proprietary ratings — and the reams of powerful, objective data that drive them — the “sky is falling” group is likely to be proven wrong.  And in a very big way. In fact, with just two steps, I’ll show you how to identify some of the next big AI winners … all using Weiss Ratings.  And in just a moment, I’ll show you an easier way to get those names delivered to your inbox. Step No. 1: Check for Tech Titans on the Weiss Ratings Screener The first step is to head over to the Weiss Ratings Stock Screener and plugging in a few easy filters. Today, here’s what we’re looking for: Investment Rating — “A+” to “B” Sector — Information Technology Market Cap —over $10 billion Here’s what populated: Weiss Ratings Stock Screener. Click here to see full-sized image.   What you are seeing here is a list of tech companies that we view as “buys” and have large, stable market capitalizations. If you are looking for some tech exposure, I encourage you to explore these names to see if they are a fit for your portfolio. You may already be familiar with many of these companies. Super Micro Computer (SMCI) is up a blazing 176% so far this year alone. Microsoft (MSFT) and Nvidiaare two other stocks on this list that I’m sure you are familiar with. A smaller tech name that you may not be familiar with is Florida-based Jabil (JBL). Itmakes electronic circuit boards, key to the build-out of AI processing power. It’s up a nice 89% over the past two years. For a more in-depth look at where to find AI profits, continue onto … Step 2: Profit from  Nvidia’s $1 Trillion AI Pivot Whilst I’m still a strong believer in Nvidia — which has helped my premium Weiss Intelligence Portfolio Members to an open 150% gain as I write — there are other names that currently have even more upside. Is Nvidia’s run-up over? I don’t believe so. But I do believe that there are companies that Nvidia works with that may not have seen as much of a run-up … yet. 3-year NVDA price chart. Source: YCharts. Click here to see full-sized image.   We refer to those stocks as the “silent partners,” and they are helping the giant AI GPU maker make a $1 trillion pivot. Some of the names are not very well known currently. Even the savviest of investors may not have heard of them yet. To find out how to take advantage of them and this enormous shift for Nvidia, click here. Cheers! Gavin Magor with PJ Amirata Follow us:   11780 US Highway 1, Palm Beach Gardens, FL 33408-3080, USA Would you like to edit your e-mail notification preferences or unsubscribe from our mailing list? Copyright © 2024 Weiss Ratings. All rights reserved.