Ray’s Biggest Tech Predictions (Part 1)
What a decade it’s been for technology!
2019 has come and gone, and with the emergence of 2020, so too will the 2010s…
From the first-generation iPad to Amazon’s Echo and Alexa devices, our old-school thinking of the 2000s evolved into a smarter and more innovative tomorrow. And 2020 will continue that progress…
Need to solve a complex data problem? Artificial intelligence (AI) has the solution.
Need to securely store data? Cloud computing has you covered.
Seems simple enough, right? It ought to be… but mainstream financial outlets flood the airwaves with seemingly complex and profitless information.
So how do you tell the good from the bad?
That’s where I come in… I spend months searching for the hidden opportunities that everyone overlooks.
Let’s cut right to the chase — here are two of my five boldest tech predictions and the stocks I think will benefit most if these predictions come to fruition.
The 5G Takeover
At the start of the 5G revolution, telecom companies focused on upgrading their radio networks only to move on to core networks. In many cases 5G is already here, increasing the demand for more powerful network equipment.
Supply and demand. That’s the song of our all-important capitalist foundation. And it’s what will make one play a boon for the 5G takeover. 2019 was the year of 5G network upgrades — 2020 will be the year of full implementation.
In 2018 the global 5G market was valued at roughly $43 billion and will begin its climb to $667.90 billion in 2026 starting in 2020. And you’ve seen the ads from the heavyweights — Verizon, T-Mobile and AT&T — “the next step toward 5G.”
Sure, these telecom giants are a big part of 5G implementation, but they are just half of the story…
Building America’s 5G infrastructure is big business, too. That’s where the opportunity I want to cover today comes into play.
American Tower Corp (NYSE: AMT) is one of the leading wireless infrastructure firms in the world. Specifically, AMT is a real estate investment trust (REIT) that owns and operates tens of thousands of cell towers on five continents.
The world is a wireless one.
The fact that AMT has infrastructure already in place in multiple countries gives it a nice leg up in the race to connect the entire globe with more and better wireless technology.
5G is on pace to be one of the biggest opportunities in history. And with AMT in your portfolio, you stand a very good chance to get a fat payday off this trend very soon.
Autonomous Vehicles Will Drive the Market
Self-driving capabilities require some of the most sophisticated circuits to ever hit the consumer market and it’s a high-margin business for tech companies.
Two years ago, this was seen as an up-and-coming trend. But now smarter, autonomous electric cars will swamp any slowdown in vehicle sales — making automotive electronics the fastest-growing sector in semiconductor tech.
Projections for this new era in mobility are staggering. The market could grow to a massive $556 billion, but Intel goes a step further, predicting the brand-new “Passenger Economy” will be worth $7 trillion!
While most investors might look at Tesla as the perfect pick to dominate this space, I say not so fast…
Today I want to talk about a different tech company, Dell EMC, which is a subsidiary of Dell Technologies (NYSE: DELL). Dell EMC sells data storage, information security, virtualization, analytics, cloud computing and other products and services that enable organizations to store, manage, protect and analyze data.
Dell EMC knows the technologies mentioned above are vital to the mass adoption of AVs by the public… and has positioned itself to be an innovative leader in this space for some time.
In a few years, the transportation industry will be more different than you could ever imagine and Dell EMC is a potentially great way to profit off the soon-to-be booming AV trend.
Stay tuned tomorrow for my next three big predictions.
For Technology Profits Daily,
Chief Technology Expert, Technology Profits Daily