Could you imagine the kind of payout you’d have taken if you got in on Apple (AAPL) before its stock exploded?
You would’ve turned $1,000 into $150,000 if you bought Apple stock in 1999.
Not to mention the thousands of dollars in dividends you would’ve been paid. You’d be living like a king.
That might just be a nice little image, but this next stock could payout even more than that. It could be even bigger than Apple, and you’re about to get in on the ground floor and ride it all the way to riches…
You’ve probably fantasized about the day you could turn $1,000 into $150,000. Apple would’ve done exactly that for you between 1999 and today.
But in our rapidly progressing world of tech, this next stock could do that for you in a fraction of that time. And ironically enough, it’ll be Apple that’s going to lead us to that next stock.
You see, back in 1997, Microsoft (MSFT) invested $150 million into Apple.
If you were trading back then, this was probably the only sign you needed to make that jump into buying Apple stock.
But chances are you missed that big break. Otherwise you’d be floating around in a pool somewhere without a care in the world.
But that could become your reality very soon.
We can reminisce about getting in on Apple stock back then all we want, but it’ll always be a thing of the past. That’s why this next stock should be our main focus…
Fast forward 20 years to present day.
Apple has since surpassed Microsoft’s valuation and has become the new king of the tech industry.
Now it has an open check-book.
Apple recently divulged that its cash holdings amount to $256.8 billion, but for tax reasons only $17.8 billion of that money resides in the U.S.
That means that there’s $239 billion abroad.
Now, if Donald Trump is successful in convincing Congress that a one-time repatriation tax-break and lower corporation tax will revive the economy, then we’d see almost all that fortune filtered back into the U.S.
But there’s a lot of debate amongst investors about where Apple will invest that mass of riches.
A tentative short-list consists of big names like Adobe (ADBE), Tesla (TSLA), GM (GM), Ford (F), Fiat-Chrysler (FCAU), GoPro (GPRO), AMD (AMD), Pandora (P), Netflix (NFLX), and Disney (DIS).
Considering current valuations of these companies, Apple could even purchase a variety of these companies in order to diversify its portfolio.
CEO Tim Cook recently stated that the company has already invested $1 billion into a fund that aims to trigger the revival of the American economy.
Through this fund, Cook plans to invest in specific companies that “will be named later this month.”
The next multi-billion dollar tech giant is lurking right around the corner, and we’ll be ready to pounce on it as soon as we find out which company (or companies) Apple intends to invest in.
Whichever company it is will see a drastic rise in its valuation, and if we act at the right time, we could turn our $1,000 into $150,000 in very little time.
