It seems like everything we’re hearing from Wall Street right now is concerning tariffs and a looming “trade war.”
Investors are running scared and pulling out of their positions from fear of the unknown.
Luckily for you, you have me and I’m here to ensure you don’t get scared off by a trade war, and instead use it to your advantage to make your biggest profits of all time!
When volatile market movement is happening as an effect of something else (in this case, a presumed trade war) it’s important to look for opportunities, instead of getting hung up on fears and negativity.
While new tariffs and trade war fears can certainly be stressful, they can also open up some pretty great buying opportunities for a savvy investor.
Now, of course I wouldn’t just be teasing you with this information—in order to prove what I’m saying, I have just such a stock you should look into.
Micron Technology (MU) is a company you may already be somewhat familiar with—they offer semiconductor systems worldwide, and provide many of the computer chips and tools in our computers and mobile devices.
As the trade war between the United States and China has continued to intensify, both countries have targeted more and more products (and companies) with tariffs and sanctions.
MU is such a company, as a Chinese court has officially barred Micron Technology from selling its computer chips in China.
It’s unclear how long this ban will last, but it is certainly a specific target from Beijing to MU (and, presumably, the U.S. economy as a whole).
MU has certainly been affected by the trade war concerns and general market hysteria, as evident when looking at MU’s stock charts.
Shareholders were worried when the Chinese ban was announced, and shares dipped down.
However, MU has made its own statement, claiming that they’ve done the estimates and that the ban won’t hurt its quarterly revenue more than 1% of its annual sales.
That announcement seems to have relieved investors and the shares have been climbing back up.
Now, regardless of all that market noise, MU is a strong performer and has rewarded its investors well.
Although it dipped down in 2015, 2016 saw impressive recovery and gains all the way into 2018.
In fact, between 2016 and 2018 MU shot up over 511%!!
Now, instead of kicking yourself for not getting into MU earlier, as always we must look towards the future.
MU has beat expectations for earnings every quarter for the last four quarters, and even more impressively, its earnings have risen with each quarter.
So now you might be wondering why I haven’t brought MU to you sooner—well as with many strong performers, it was always reaching new peaks with its price, which we know is not the best time to get in.
Luckily for us, the recent trade war concerns and investor fears have allowed MU to drop just slightly enough to enter a better buying position, especially compared with the highs it’s been flying on.
As smart investors, we know that it’s not usually realistic to invest by the motto “buy low, sell high.”
What we do in order to succeed and profit is buy high, and sell higher, which is exactly what we want to do with MU.
So, keep an eye out on this one in the coming days, and consider how YOU want to make this trade war put money back in your wallet.
