While I was giving a presentation to investors attending Money Map Press' Black Diamond Conference in Carlsbad, Calif., on Friday, I told the audience that - whatever they did - do not buy International Business Machines Corp. (NYSE: IBM).
Big Blue has been a stock to avoid, I told the Black Diamond crowd, for roughly three years now because its turnaround is struck in neutral.
However, you have found a backdoor way to make big money from this struggling giant.
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RHT
When you're facing your greatest test yet, you don't want to blow it.
That thought recently has been on the minds of the top IT managers at Shopify Inc. (Nasdaq: SHOP). The firm serves far more customers than even a year ago, and that meant the Black Friday/Cyber Monday weekend would send much more transaction data across its servers than ever before.
We now know that those servers handled more than $1 billion in transactions, across 500,000 merchants in 175 countries. At one point, more than $1 million in goods were being handled on Shopify's servers every minute.
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After a brief period of volatility a few weeks back, the stock market is in the middle of a nice rally. Steady gains have pushed the S&P 500, for example, up another 2.2% since just Sept. 25.
Like I said - "nice."
But with the right stock picks, you can always beat the larger market - by a lot.
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