Millions of investors believe that they have to search for the one stock in thousands that’s relatively unknown.
And they’ve been led to believe that the cheaper it is, the better.
Not so.
But you might not hear much about it, because Wall Street doesn’t want you to know it.
In fact, Wall Street wants you to drop good stocks like a hot potato… so they can pick ’em up and ride into the sunset with your money in their pockets!
Today, I’ll show you what Wall Street won’t, so you’ll know how to make the kind of profits that will grow into substantial wealth…
Finding the Right Stock with the Right “Stuff”
The real key to investing is not finding the one unknown stock that can shoot your portfolio into the stratosphere.
It’s about buying large-scale companies connected to one or more of the six Unstoppable Trends we talk about frequently.
Not only are they tapped into trillions, but they can continue to grow exponentially for decades to come.
When you own companies like that, you don’t have to sell when they hit new highs – but Wall Street tells you otherwise.
Take Apple (AAPL).
The company is a cash cow, and contrary to what a lot of folks want to believe, it’s just beginning to hit its stride.
The company has a deep “competitive moat” – a term Warren Buffett likes to use to describe a company’s ability to remain competitive – and with an estimated 1.5 billion devices out there, that’s something that won’t go away anytime soon.
Apple’s got a ginormous customer base of 1.5 billion “super customers” who want damn near everything the company produces and who will spare no expense buying… phones, watches, subscriptions, services, and more.
Profit margins are routinely above 20%, which means the company produces $712 million in sales a day, if my quick back-of-the-envelope calculations are in the neighborhood.
According to CEO Tim Cook, Apple may control as much as $313 billion of the healthcare data market within the next seven years.
My point is that Apple is a bargain at $317 a share.
In fact, I think it’ll hit $400 by the end of this year, which is saying something, considering I told you it would double to $300 same time last year… and it did!
Note from DTA: This was an excerpt from Michael’s full article, which you can read here.
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Source: Money Morning