3 Stocks Ready to Deploy Revolutionary New Technology

How do you spot stocks that are most likely to explode in value? Many experts will tell you to focus on earnings growth. If their earnings are growing now and have been growing for a while, the chances are that the company will continue to grow moving forward.

But that is only one part of the equation. Focusing on earnings growth will give you a measure of a good company, but it won't spot industries that are set to explode. Now, investing in any company in a booming industry won't get you very far. You have to make sure you invest in the right company when looking for the next big thing…

With that in mind, here are three stocks that are ready to take over three industries that are ready to explode.

1.) Stitch Fix Inc (NASDAQ: SFIX)

Spending on artificial intelligence (AI for short) is expected to nearly triple between now and the year 2023. And there are really only two “buckets” that expose you to the money that's being made from AI.

The first is to invest in the manufacturers of AI products. AI products include devices with “personal assistants” like Amazon's “Alexa” to manufacturers of the chips that will allow the computing power AI will require to become possible.

The second is one that uses artificial intelligence to improve their own products and services. Enter our target, Stitch Fix, an online, personalized apparel company that millennials and boomers alike are raving over.

Stitch Fix's President and Chief Operating Officer just state that the company is already on track to hit $2 billion in sales this quarter.

Partially due to its lack of overhead since it doesn't operate any stores, this company has been profitable since 2014. But what makes it most exciting is its future. After spending years serving women, they have only just started selling men's and kids and are already finding success.

2.) Nokia Corporation (NYSE: NOK)

You may remember Nokia as one of the early cell phone manufacturers back when we were all toting flip-phones instead of smartphones, but they are innovating in a big way today.

The company recently halted dividend payments to invest more in 5G technology, but had a better-than-expected end of the year. But a recent move by BCE Inc., one of Canada's largest telecom provider should have investors salivating.

They just signed an agreement with Nokia on February 6th to build its Canadian 5G network. This move is a strong signal for Nokia's global 5G rollout.

3.) Moderna (MRNA)

Moderna is preparing to develop a vaccine against the coronavirus, making it one of the most important companies in the world in early 2020.

Whether or not more and more coronavirus cases being reported in the U.S. scares you, it's easy to see the kind of surge in sales a company that develops a vaccine for it would be as the public continues to become more and more afraid.

According to Investor Place, “the firm has five candidate drugs in development that have potential commercial uses. For example, its respiratory syncytial virus (RSV) vaccine — what it calls mRNA-1777 and mRNA-1172 — may prevent future coronavirus outbreaks.”

Bonus Stock: Without this Tiny $8 Company, There’ll be no 5G

By now you’ve heard big promises about 5G.

5G will make you rich… 5G will change your life… 5G will usher in the new Industrial Revolution.

You’ve seen the Super Bowl commercials. And every one touting the next big 5G stock.

I won’t try to top any of them.

But instead, I’ll come clean and reveal the hard truth the pundits will never say…

And this is it: All the hype about 5G is useless.

Without the technology of this one tiny company, there will be no 5G rollout across America.

That’s why Facebook, Lockheed Martin, L3, Sprint, T-Mobile, China Satcom, and dozens of networks are banging on this company’s door.

And for the first time, this tiny $8 company is about to roll out this long-awaited technology.

To be one of the first to get in on this big stock market opportunity…

Check out this research briefing now.