“When in doubt, go for growth.”
As you can see, I’m fond of investing anecdotes and aphorisms, because stories and often-repeated “sayings” are an easy way to convey a key lesson or to drive home an important message.
The message here: Don’t let this Brexit-induced correction put you off your game. Be mindful of risk, and look for opportunities, and you’ll be able to turn this Brexit wreck to your advantage.
And there are two sure-fire ways to do this…
Look for growth.
And look for bargains.
Indeed, I’ve found one stock that achieves both goals.
It’s a stock my Private Briefing subscribers and I know well – and like a lot, because it’s treated us to peak gains of 387%.
But I want to tell everyone about this so they’ll have the chance to participate in what’s coming next.
And I want to do that this weekend, because the stock just dropped squarely into “bargain territory.”
There are more profits directly head. Get ready to buy on Tuesday for a potential 66% gain in short order…
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The company in question is NXP Semiconductors NV (Nasdaq: NXPI), a pioneer in “near-field communications” (NFC) technology that was itself a 2006 spin-off from Koninklijke Philips Electronics NV (PHG).
That’s the perfect example of why I’m such a big fan of spin-off plays.
When I originally recommended NXP back in May 2012, I said it was a play on the digital-payments revolution; the company had developed a semiconductor/software “platform” that turned smartphones into electronic wallets. But I also knew the company had other irons in the fire.
Indeed, when I first recommended the stock, it was trading at $23.40, and the Wall Street crowd said it could hit $30 in a year. But I told you it could go higher – much higher, in fact.
