How to Be Early and Right on the Trends Forming Now
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There’s an old saying on Wall Street that goes: “Being early is the same as being wrong.”
Maybe that’s true if you’re day-trading. But when it comes to finding the biggest winning stocks in the market, I’d argue being early is the same as being right.
Ask any investor what’s the most important stock in the market right now, odds are they’ll tell you NVIDIA (NVDA).
I don’t disagree. Anytime there’s a new catalyst like A.I. driving the narrative of the market, focus on the superstars in the sector and odds are your investment will be rewarded.
Thing is, we’re about 10 years out from the best time to buy NVDA. It’s been one of Wall Street’s biggest buys over the past decade, which I showed you back in September.
That’s why we’ve been chiefly focused on the newcomers.
Just as important to the A.I. narrative has been newcomer Super Micro Computer (SMCI), which I brought to your attention here in TradeSmith Daily back in January.
Back then, SMCI not only beat earnings, but they raised guidance in epic fashion… sending the shares surging.
Year-to-date the stock is up an incredible 277%… not bad if you ask me!
But here’s the most important message today: my friend and business partner Jason Bodner recommended SMCI in his Quantum Edge Pro portfolio back in September — at a time I’d call “early” — months before the epic rise.
From September all the way through January, the stock didn’t do much. But that’s changed in a big way in 2024.
Even if it was a bit early, there’s nothing to complain about. This trade has worked beautifully so far, returning close to 300% in six months.
That’s why in this brand-new video, I caught up with Jason to talk about how SMCI first got our attention last year — earlier than the crowd.
The video is part of a new series called Power Trends+. Each week, Jason or I will break down the biggest stock themes in the market.
With our first video, we dive into the mega-popular A.I. stocks SMCI and NVDA.
Not only do Jason and I describe our process of isolating the best stocks out there, but we give you a behind-the-scenes look at which characteristics we focus on to stack the odds in our favor.
With these unique insights, you can zero in on stocks set to dominate new major trends and buy them well ahead of the crowd.
So, are there specific stocks you’d like us to cover? You can reach us at [email protected] or right here at [email protected].
We’ll do our best to add your stocks to a future discussion and help you make informed, data-driven decisions.
Regards,
Lucas Downey
Contributing Editor, TradeSmith Daily