Bye Bye, GE: Buy the Blue-Chip Stocks of Tomorrow
In today’s Market Talk, Amber Lancaster, Hudson Cashdan and I discuss:
- Why household and car debt delinquency is on the downswing and what that means for the economy.
- Why it’s critical investors embrace a new wave of tomorrow’s blue-chip stocks as household names such as GE fade away.
- A new biotech innovation that stands to change painkillers forever.
(Check back later for a transcript.)
Here’s how you can kill your portfolio — by holding on to the current blue-chip stocks.
See, the stocks and companies that many investors consider “safe bets” are on the verge of being replaced by the next generation of tech.
Take for example General Electric Co. (NYSE: GE), a company that was once at the top of the market food chain. It’s having its lunch eaten by a whole host of up-and-comers we recommend here at Bold Profits…
Today’s tech innovations and devices were, in recent years, considered only science fiction. From self-driving cars to artificial intelligence, the companies spearheading these innovations and more are giving blue-chip stocks a run for their money.
And by investing in the future of the market rather than playing it safe, you have a much brighter future filled with gains than those who stay tethered to the past.
This week, we also discuss:
- When it comes to loan payments, Americans have had trouble paying back loans on time in the past. But according to recent reports, late payments are about to be a thing of the past.
Editor, Profits Unlimited
I’ve been investing for more than 25 years. I started my career on Wall Street in 1991 as an assistant portfolio manager at Bankers Trust. I quickly advanced to prominent positions at Deutsche Bank and ING, managing multimillion-dollar accounts. In 2006, the owners of a $6 billion firm named Kinetics Asset Management recruited me to manage their hedge fund.