Tuesday, June 18, 2024

Biggest Winner of the AiPhone?

Shield

AN OXFORD CLUB PUBLICATION

Wealthy Retirement

Biggest Winner of the Aiphone?

Rachel Gearhart, Publisher, The Oxford Club

Rachel Gearhart

Dear Wealthy Retirement Reader,

Apple's making its big push into AI now.

As The Guardian reports, this could spark a new smartphone upgrade supercycle.

Click to play video

Apple's stock predictably soared.

But there's a much smaller stock that could be the biggest winner of Apple's new AI push.

It's a company that just signed a MAJOR contract with Apple through 2040.

The contract gets its AI CPU tech into iPhones and iMacs for the next 15 years at least.

This is a really big deal.

Companies that get contracts like this can do extremely well.

For example, Broadcom signed a deal with Apple to get its wifi chips into Apple products back in 1999.

And since Broadcom IPO'd in 2009, it has delivered a return of 12,623% with dividends reinvested.

Click to play video

That's the kind of potential here.

Which is why Alex Green named this one company the first of his "Next Magnificent Seven" stocks.

I suggest you watch Alex's breakdown of the company right here.

Get the Details on the Next Magnificent Seven Stocks

Good investing,

Rachel

No comments:

Post a Comment

“I was shocked by how good this was, given the shortcuts.”

Truly easy, incredibly cheesy five-star creamy mac and cheese. View in browser | nytimes.com November 16, 2024 Julia Moskin's creamy m...