Why THIS Tech Stock Could Soar on December 4th

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Practical Investment Analysis for the New Energy Economy Why THIS Tech Stock Could Soar on December 4th Jeff Siegel | Dec 02, 2024 Is CXM stock gearing up for a run? We’ll answer that question in a moment.  But first, if you're unfamiliar with CXM, which is the stock symbol for Sprinklr, Inc., let’s take a look at what the company does. Here’s how CXM describes itself on its Investor Relations page... What that means?  I have no idea. I feel like every tech company these days describes itself with similar word salads that say a lot, but mean absolutely nothing.  Perhaps it’s because most investors wouldn’t be able to understand exactly what most of these tech companies do, anyway.  But what do I care? My interest is not how a company describes itself.  My interest is based solely on whether or not it can make us money. AI has a Dirty Secret... AI has a dirty secret...  Companies have been “stealing” our personal data to train their AI models. And thanks to the U.S. government enacting an obscure Korean War-era law... This secret has led to the discovery of the easiest passive income stream we’ve ever seen. Starting at just $10 and five minutes to get set up... You could start receiving regular passive payouts of as much as $3,452.50 per month in “AI Equity Checks.” Get all the details on this easy passive AI income stream here. Getting some CXM Stock on the Comeback Jokes aside, I do actually know what Sprinklr does.  And in fact, I found myself interested in picking up a few shares after it went public in 2021.  But it was too pricey.  The share price simply didn’t represent what CXM stock was really worth. Shortly after its debut, CXM stock was trading in excess of $26.  Or about 60% more than it was actually worth. I also had my concerns with management being able to deliver on some of its loftier revenue projections.  In other words, it wasn’t passing my bullshit test.  But recently, CXM brought on a new CEO: Rory Read.  This rekindled my interest in the stock. If you’re a regular reader of these pages, you know how important management is to me.  And Read is no slouch. The guy’s resume includes “CEO of Vonage Holdings” when Vonage was acquired by Ericsson for $6.2 billion.  He was also the EVP chief operating officer at Dell where he planned the $67 billion Dell/EMC merger.  This was one of the largest tech mergers ever. Graphene Will Mint New Carnegies Imagine investing alongside Andrew Carnegie when the steel boom in America took off... He went from $1.20 a week to $309 billion. Today a similar opportunity is unfolding. Because just like coal ignited the industrial revolution in the 18th century... Steel powered American growth in the 19th century... And silicon-based microchips became the foundation of modern life in the 20th century... A new substance is about to define the 21st century: Graphene  It’s 200x stronger than steel...  Harder than a diamond... And conducts electricity 150x better than silicon. Demand for graphene is about to go parabolic. That’s why there’s a ton of money up for grabs.  Alex Koyfman discovered the company at the heart of this huge story. Shares trade for less than $1 but that could change fast. It’s vital you act fast. This opportunity could be gone any day now. Get all the details here. Fortunately for Read, he also came in after a strong second quarter. CXM had increased revenue by 11% and increased its non-GAAP operating margin by 8%.  As well, in Q2, the company brought in a few new “big” customers, including Ford (NYSE: F), Planet Fitness (NYSE: PLNT), and T-Mobile.  And for a little investor confidence, CXM bought 17.1 million shares of its Class A common stock for around $170 million.  With a highly competent CEO now running the show and a prior quarter showing some evidence of some much-needed revenue growth, I’m feeling a bit more confident about the stock. Especially now that it’s trading at a more realistic valuation.  CXM doesn’t need to exceed estimates when it announces earnings on December 4th.  It just needs to meet them in order to provide the confidence investors will need to start buying the stock again. Of course, I’m not typically a fan of chasing predictions.  Although I may throw a few bucks at this one.  Not nearly as much as I’d put into something with far less risk (and far more value), though. For that, my money’s now on this new bitcoin loophole strategy that I told you about last week. This is the strategy that allows you to tap into the meteoric growth of bitcoin without actually having to own any of it. A pretty attractive proposition given the rapid rise in Bitcoin over the past few months.  Which is only going to go higher, by the way, now that Trump is putting all his weight behind it.  Make no mistake: in 2025, the price of bitcoin will exceed $100,000.  And as a result, this bitcoin loophole strategy can make you an absolute fortune.  Certainly a lot more than you’ll ever make with CXM stock.  And if you don’t believe me, just look at the evidence for yourself. To a new way of life and a new generation of wealth... Jeff Siegel Check us out on YouTube! @JeffSiegel on Twitter Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's page. Want to hear more from Jeff? 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