Archive Category: Green Zone Fortunes (Alerts)

In September 2020, we recommended buying into Indian technology consultant Wipro Ltd. (NYSE: WIT) to get exposure to the digital economy and cloud computing mega trends. We got into this position at just $4.58 a share, and we recommended locking in a 97% profit on half less than a year later, when the stock climbed above $9 by August 2021. After taking that profit, we recommended moving our stop-loss up to $6, thus guaranteeing another profit should the stock pull back to that level … which it did today.

Last week in our weekly issue of Green Zone Fortunes, I gave you a sneak peak into the mega trend and stock I’m excited to recommend this month. As the “digital economy” continues to expand at high speeds, a day hardly goes by without news of another cybersecurity breach. Cybersecurity is essential to growing and protecting the increasingly vulnerable digital economy. That’s why the United States expects to spend more than $58 billion on cybersecurity protections this year — almost five times larger than what China will spend.

Our model portfolio has seen the effects of the continued geopolitical turmoil surrounding Russia’s invasion of Ukraine. One of our stocks closed below our stop-loss yesterday…

You might have seen that our cutting-edge battery tech stock, ESS Tech Inc. (NYSE: GWH), dipped below our stop-loss during the volatility storm last month.

The market has been volatile. This week, everyone’s waiting to see what the Federal Reserve will (or won’t) do at its final meeting of the year. Speculation has grown that it will begin more aggressive tapering, and rate hikes will come sooner than we expected. The volatility hit growth stocks hard. The present-day value of these stocks can change dramatically when interest rates change. Today, my team and I recommend that you take two actions alongside this volatility.