Forget the SpaceX IPO. This Stock Is a Better Bet for Long-Term Investors.
Key takeaways
- SPCX BE NVDA The Space X initial public offering is now just days away.
- If you re a risk-tolerant long-term investor, though, there may be a better bet.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SPCX BE NVDA The Space X initial public offering is now just days away. You may be thinking about buying a stake in this well-touted stock once it begins trading, in fact, or perhaps you re even hoping to participate directly in the initial placement.
If you re a risk-tolerant long-term investor, though, there may be a better bet. Rather than jumping into a newly minted ticker that s at least as likely to be lower as it is to be higher within a few weeks, consider stepping into a position in Bloom Energy (NYSE: BE) while the stock s cooled off a bit from its red-hot rally earlier this year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »