The One Big Tech Name You Need to Buy Right Now

Shah Gilani|May 2, 2023

Welcome back for another opportunity to “take it to the bank” and spend $100 today on some of the best investing opportunities I can find.

This week we did something a little different than usual and went on the air with the Money Morning LIVE crew, talking with their excellent host, Olivia Voz, about what we’ve been doing here at Total Wealth. You’ll be able to catch me as part of their morning show on Mondays, Tuesdays, and Thursdays at 8:30 am ET – just go here to see the broadcast.

This week, we’re talking about a stock that I think literally everyone – and I mean, everyone – should own as part of a long-term hold portfolio. Thirteen years ago, when I was first doing Stuart Varney’s show, Varney & Co., on Fox Business, he asked me whether he should sell off his shares of this company. He had some of it in his retirement account’s portfolio and it didn’t seem like it was going anywhere at the time.

I told him to stay the course because it was probably going to double, and he was gobsmacked, especially because the firm was so large by then already.

Well, he’s probably happy today. It’s doubled many times over since that conversation – and I think it’ll probably double again. We’re talking about a $2 trillion market cap tech company, rocking a 33% profit margin and sitting on a cash pile of over $100 billion.

And with the moves they’ve made lately in all the right sectors – cloud computing, AI, even video games – I’m betting we’ll see a $4 trillion market cap in two, maybe three years.

So check out the video for the one big tech name you need to own right now…

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Of course, when you buy companies like these, you’re in for the long haul, but there are also a lot of opportunities to make money while you’re waiting for this investment to appreciate.

Right now, under the radar of most mainstream media, one of the biggest land rushes in American history is going on. Major oil and gas companies are fighting tooth and nail to secure drilling rights on thousands of new locations across the Permian Basin, and that makes smaller companies who already have access to the region prime targets for acquisition.

Money Morning LIVE’s executive producer, Garrett Baldwin, has identified five small firms that are leading candidates to get swallowed up in the frenzy… and all of them have the potential to double or triple your money in a month or less.

Find out how here.