The TMF Special Report...Revealed! (Part I)
As everybody who forgot to give Fool.com a spam email when applying has, I've seen the emails in my inbox, advertising reallly awesome stocks that require subscriptions to their services to get.
It's maddening. Absolutely maddening.
So I figured I could help everyone discover what stock TMF was referring to when they talked about the tech that could kill the very internet I'm using to type this article.
Yes, that internet, not the other one at the grocery store.
Basically, the new "Internet of Things" is going to be a multi-trillion dollar industry, and there's a stock you can pick that will get you ridiculous gains. It sounds kind of shifty, obviously. And I didn't want to pay up for an unsure thing. So I took the clues the article handed to me to find the company.
Clue one: they're up 141% (awesome) since 1-1-13.
And that graph, straight from the website, says their current stock price is in the $16-$19 range.
At this moment, I discovered a website that had done all the work for me. I simply put those two up to show how they were feeding you misinformation.
This secret stock is Sierra Wireless, stockgumshoe says. (thanks, stockgumshoe!)
Well, does SWIR fit the bill?
1.8 Price/Sales (advertised as "under two" in the ad), 200+% growth (this is why I didn't find it at first), and a stock price of twenty-five bucks. That's right, Motley Fool is giving you wrong information so you don't try to do it.
In other words, don't try to hyperanalyze graphs, instead focusing on the news they feed you. Also, do not overspecify when trying to get the stock on your stock screeners.
I actually recommend you read the TMF article. And this as well, because it's also providing an insight on it.
So, there's TMF's dream stock. In part two, I'll analyze the stock itself, and in part three, I'll take a look at the Internet of Everything they're pitching.