Archive Category: 10X Stocks (Alerts)

“T. Boone Pickens.” If you have only a surface-level association with the name, you probably think of him as the Oklahoma-born businessman who made hundreds of millions of dollars in the oil and gas industry. Fair enough — he was and he did. Pickens was born in 1928 and passed in 2019, at the ripe age of 91. Not exactly the poster child demographic of the “clean energy” movement, right? But — despite pulling gobs and gobs of crude oil and natural gas from the ground — Pickens was indeed one of the first and most prominent “clean energy” pioneers.

As a quick reminder of our mission here at 10X Stocks: We’re building a portfolio of long-stock positions, each of which has the potential to return 10X or more over a multiyear holding period. We began building the portfolio last June — we’re only a year in and we’ve already seen three of our positions generate 100% or greater profits! That, to me, is clear indication that we’re on the right track. Our commitment to putting new capital to work throughout the bear market is already paying off … and I’m confident it will continue to pay off in spades once a new, sustainable bull market really stretches its legs. That said, the 2023 stock rally has been blistering hot. It certainly hasn’t been a “lift all boats” type of rally. But a select handful of individual stocks — particularly ones in the tech-heavy Nasdaq 100 index — have generated year-to-date returns that don’t seem sustainable.

Last September, I recommended adding shares of YPF Sociedad Anonima ADS (NYSE: YPF) to your portfolio. We recorded an entry price for our model portfolio of $6.74. And today, I’m happy to inform you that the stock has since roughly doubled in price. I fully believe YPF has “10X” return potential over the long run, so I recommend you continue holding a portion of your position toward that target. But I’m also recommending you take some of your chips off the table, once you’ve reached a 100% or greater gain.

Y’all … the Nasdaq 100 is cranking higher! It’s up 32% so far in 2023. That trounces the returns on the other major U.S. stock indexes: Dow Jones Industrial Average (flat), Russell 2000 (+1%) and S&P 500 (+10%). If you don’t know, the Nasdaq 100 is an index of the 100 largest companies that trade on the “tech-heavy” Nasdaq exchange.

It’s 2023 … and COVID is, finally, I think, a thing of the past! Frankly, I never thought I’d say that. We had our first son in October 2020, our second son in August 2022 … and so for the entire two-plus years of the pandemic, my wife and I were ultra-careful. We’d waited and tried a long time to have kids. The last thing we were going to do was jeopardize our health or theirs. Plus, we both majored in biology in college – I was on the pre-med track, and she was pre-vet – so we have a fairly healthy knowledge base and respect for all things science, medicine and epidemiology. Today, though, you don’t hear anything about COVID on the news…