Boy did Jeff Bezos prove his haters wrong last week. That’s right, Amazon’s (NASDAQ:AMZN) CEO saw his company join the $1 trillion market capitalization club again after hitting earnings out of the park. On Friday alone, Amazon stock was up 10%. That’s a gain of $50 billion in terms of market cap. Want to find the next Amazon to invest in now? If so, you’re in for a treat. Matt McCall, lover of micro-cap stocks, has you covered in this week’s episode of “Moneyline.”
McCall loves the Amazon story and thinks it’s a great company. But going from $1 trillion to $2 trillion isn’t exactly an easy overnight feat. However, he’s still cheering on this victory and investors who got in early. Not that long ago, Bezos was a joke on Wall Street. Amazon stock is now up over 6,000% from its early days. It’s hard not to root for that kind of victory.
Amazon’s story perfectly illustrates why McCall recommends holding stocks for 10-15 years. Getting in early while a company is still small gives you a chance to benefit big. His five biggest winners were all companies under $1.3 billion when he first bought in, so there’s a clear reason why he’s a fan of these micro-cap stocks.
Do you want Amazon-style gains but you aren’t sure where to look? McCall is about to launch his favorite micro-cap growth picks for the 2020s, and you don’t want to miss it. Tune in on Wednesday to learn what nine companies you should be watching.
McCall’s Podcast
If you’ve been listening to “Moneyline” for a while, you probably know that Matt McCall loves to share soothing words when everyone else in the media is screaming “Panic!” This time is no different. Although he’s hesitant to downplay the Wuhan coronavirus out of respect for those who have died, he doesn’t want investors to get the wrong message. Heck, even CNN is on to something with their analysis that the common flu is far deadlier.
In his own review, the stock market typically ends up higher following major health crises, so think about taking a chill pill. But if you insist on taking some portfolio action, he does have a recommendation.
McCall sounded the alarm on bitcoin just a few weeks ago after the U.S. killed Iran’s Qasem Soleimani and the market pulled back. At the time, bitcoin began its rally, and it hasn’t stopped. At the end of last week bitcoin closed above $9,000, marking a 35% gain for the month. Doesn’t that prove it’s the top safe-haven investment? Oh, and don’t even get McCall started on the smaller alt-coins. They’re rallying too — up as much as 50% year-to-date.
For more on bitcoin investing, his micro-cap stock recommendations and big market winners, tune in to “Moneyline” with Matt McCall.
Matthew McCall left Wall Street to actually help investors — by getting them into the world’s biggest, most revolutionary trends BEFORE anyone else. The power of being “first” gave Matt’s readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities.
