Here’s Why You Should Have A Few High-Upside Picks In Your Portfolio…
Sometimes, all it takes is one big deal to change everything.
When I was managing money, I vividly remember when I won my first big account. (Big to me, anyway.) The account had just north of $750,000 in it. But that was just the “trial” amount. The client had millions more waiting to be deployed if I did well.
That first three-quarters of a million dollars allowed me to get my foot in the door. Having someone trust me with nearly a million (and then, more) of their capital also made it easier to accumulate more assets under management. People are more willing to trust you if others trust you with their money.
It was a game-changer.
If you work in sales or know anyone that does, I’m sure you’ve heard similar stories. That first big account can make or break your year or career. The same thing rings true for companies. Especially small ones looking to get their product out there. After all, it’s a big risk for a large corporation to decide to roll with a new smaller supplier (even if the product is superior).
There are a lot of questions that need to be answered. Does their product provide such a drastic improvement over what we currently use that it’s worth taking the risk? Can this new unknown company keep up with demand?
Overcoming these roadblocks is not easy. It requires a ton of work, patience, perseverance, and of course, luck.
But if it happens, a company can go from zero to hero seemingly overnight.
Sometimes, All It Takes Is One Game-Changer…
To show you the kind of effect this can have on stocks, let’s take a look at NXP Semiconductor (Nasdaq: NXPI).
About nine years ago, our research team here at StreetAuthority identified this little-known semiconductor company as a potential winner to supply chips for Apple’s iPhones. This was when contactless payments were just entering the market, and NXPI had the near-field communication chips to make this a reality.
But again, the company was relatively unknown. Based out of the Netherlands, it had a market capitalization of less than $10 billion.
NXPI was fortunate enough to become one of Apple’s key suppliers, and boy did it make a difference for this little-known company. One year after we released our research report, shares soared over 160% the following year. It is now a $50-billion-plus company.
Not only was landing a big account (Apple) an immediate boost in sales, it also paved the way for NXPI to quickly add other large companies as customers. After all, if Apple was willing to trust NXPI, then why shouldn’t others?
Of course, the caveat is that it’s hard to pinpoint exactly which small company will turn into the next NXPI, much less the next Apple, or the next Amazon. But that’s exactly what we do over at Capital Wealth Letter with our “Game-Changer” picks.
I bring all of this up for a few reasons. First, I want to acknowledge that I know it’s tough out there. Second, amid all of the gloominess in the market, I want to offer you a glimpse at what is possible when you take a shot and invest just a portion of your portfolio in high-upside “Game-Changer” picks like the ones I described above.
Over at Capital Wealth Letter, our portfolio boasts some of the best companies out there. It should continue to outperform the broader market in the years to come. And by holding a group of quality long-term winners, we can afford to occasionally take a shot on a few riskier, high-upside opportunities when they come along.
While there are no guarantees, I believe that anybody can make triple-digit gains like what we did with NXP. It won’t always be easy, and it’ll probably require a decent amount of homework. But when the time is right, opportunities to make gains like this (and more) will come your way.
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