Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Time to take the RED Pill - 28th May 24
US Economy Slowing Slipping into Recession, But Not There Yet - 28th May 24
Gold vs. Silver – Very Important Medium-term Signal - 28th May 24
Is Gold Price Heading to $2,275 - 2,280? - 28th May 24
Stocks Bull Market Smoking Gun - 25th May 24
Congress Moves against Totalitarian Central Bank Digital Currency Schemes - 25th May 24
Government Tinkering With Prices Is Like Hiding All of the Street Signs - 25th May 24
Gold Mid Tier Mining Stocks Fundamentals - 25th May 24
Why US Interest Rates are a Nothing Burger - 24th May 24
Big Banks Are Pressuring The Fed To Losen Protection For Depositors - 24th May 24
Another Bank Failure: How to Tell if Your Bank is At Risk - 24th May 24
AI Stocks Portfolio and Tesla - 23rd May 24
All That Glitters Isn't Gold: Silver Has Outperformed Gold During This Gold Bull Run - 23rd May 24
Gold and Silver Expose Stock Market’s Phony Gains - 23rd May 24
S&P 500 Cyclical Relative Performance: Stocks Nearing Fully Valued - 23rd May 24
Nvidia NVDA Stock Earnings Rumble After Hours - 22nd May 24
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

You’re Being Lied to About AI Stocks Investing

Companies / Investing 2023 Nov 02, 2023 - 09:21 PM GMT

By: Stephen_McBride

Companies

Sam Walton’s first boss told him, “Maybe you’re just not cut out for retail.”

Haha. You know the punchline. Sam went on to build a retailer you might have heard of: Walmart (WMT).

Yep, Walmart started with one determined 44-year-old man.

And thanks to the magic of the stock market—which lets us piggyback on exceptional guys like Sam—investors got rich too.



Walmart’s stock has surged 447,694%:



Let’s channel our inner Sam Walton and get after it today…
  1. Earnings update: So far, so good.

Last week, I wrote strong earnings from corporate America would send stocks roaring higher into the end of the year.

So far, so good.

All of Wall Street’s big banks crushed earnings. Key consumer stocks like Johnson & Johnson (JNJ) and Procter & Gamble (PG) also grew more than expected.

I realize a recession “should” be at our doorstep. But facts are facts. These results show the US economy is strong and stocks can keep grinding higher.

Thousands of companies report earnings over the next month. But less than 50 really matter.

These big boys produce most of the earnings—and gains—so they’re the stocks to focus on.

Great businesses profiting from disruption will achieve much stronger results than many investors are expecting… which should push the market higher.

I remain bullish.

  1. It’s time to invest in the “new” military kings.

Lockheed Martin’s (LMT) stock jumped higher when Hamas attacked Israel:



Nothing new. War is good for companies that sell war machines.

But make no mistake: Warfare is being disrupted. And investors who own defense stocks need to listen up.

One of the ways Hamas broke into Israel was by dropping grenades from drones to rip through 20-foot-tall border barriers.

These weren’t sophisticated AI-powered slaughter bots. They were the type of drones you can buy at Walmart.

Wars used to be won with expensive missiles and machine guns. Now you can challenge a world-class military with a few $200 drones—identical to the ones many kids will get as toys this Christmas.

The Lockheed Martins of the world have dominated military spending for our entire lives. And their stocks have marched higher year after year.

This is ending.

An F-16 fighter jet costs $64 million. It takes years to make. Now you can build swarms of killer drones for 1/100th the cost… in a few months.

If you’re blindly piling into old-line military contractors like they’re still “sure things,” you’re making a mistake.

The real money will be made in the new crop of military disruptors shaping the future of war.

That includes cyber companies, which we’re already profiting from in Disruption Investor.

We’re analyzing drone makers for a potential investment.

I’m also keeping a special eye on start-up Anduril Industries (the Lockheed Martin of the 21st century). Its self-flying fighter jets can fly at 700 miles/hour!

  1. You’re being lied to about AI: Here’s what to do.

We’re told artificial intelligence will steal our jobs… rot our children’s brains... and possibly even wipe out humanity.

It’s all a lie.

AI will save millions of lives before it kills anyone. Here’s the latest proof.

Central nervous system (CNS) tumors are among the most lethal cancers. And cutting them out of patients is like walking a tightrope. Things can—and often do—change rapidly mid-surgery.

Enter “Sturgeon.”

Dutch researchers created an AI tool that classifies changes in CNS tumors during surgery. Sturgeon has a 90% accuracy rate, meaning it will help doctors avoid costly mistakes during surgery and ultimately save lives.

It’s ChatGPT for brain surgeons.

People often ask me why I’m an optimist. How can you be a pessimist when we have lifesaving inventions like Sturgeon?

For investors, there’s another big AI lie to watch out for: There will be one AI to rule them all.

That’s false. There will be millions of specialized AIs all tackling different problems. Sturgeon could save your life during surgery. Then a robo-taxi (also AI) will drive you home after recovery.

I’ve been investing in AI since 2018, which is when I recommended Nvidia (NVDA). With all the new opportunities debuting now, there’s never been a more exciting time to invest in this industry.

We already own three AI winners in Disruption Investor, and we’ll soon add more.

  1. Today’s dose of optimism…

“Pessimists sound smart; optimists make money” is a motto I live by.

The optimist who expects a wonderful future seems naive.

The pessimist who points out risks seems clued-in and savvy.

The data confirms this.

A research paper titled “The Cynical Genius Illusion”—which profiled about 200,000 people across 30 countries—found people tend to believe in cynical individuals’ cognitive superiority.

Researchers also found cynical people generally do worse on cognitive-ability tasks.

In other words, pessimists seem smarter… but they’re not.

This holds true in the stock market.

Every year, every month, every week… there’s a smart-sounding reason to dump all your stocks.

Yet, here we are:



Source: Macrotrends

Do you want to sound smart or do you want to make money?

I’ll take the money every time.

Stephen McBride

Chief Analyst, RiskHedge

To get more ideas like this sent straight to your inbox every Monday, Wednesday, and Friday, make sure to sign up for The RiskHedge Report, a free investment letter focused on profiting from disruption.

Expect smart insights and analysis on the latest breakthrough technologies, the big stories the mainstream media isn't reporting on, and much more... including actionable recommendations.

Click here to sign up.

© 2023 Copyright Stephen McBride - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in