One-third of the world’s population – including 270 million Americans – is trapped inside its houses.
From Zoom video calls… to kids playing more games online… to even more binge-watching of Netflix shows.
This surge in internet use is clogging up the pipes.
The peak period for streaming movies and shows usually lasts around four hours on a weekday evening. That’s now up to as much as 10 hours a day.
YouTube and Netflix are cutting their picture quality to ease the strain.
But if the lockdowns go on longer than expected… governments could be forced to implement rolling shutdowns to prioritize other web traffic.
That’s according to Dexter Thillien, a senior industry analyst at ratings agency Fitch Solutions.
This is a problem if you’re hooked on Tiger King or Love Is Blind. But believe it or not, this is great news for us tech investors.
Because it means we’re in desperate need of more network capacity… including 5G.
If you don’t already know him, I (Chris) will introduce you in a moment.
But first, it’s important you realize what’s going on.
The profit angle Jeff has spotted is one of the biggest opportunities to grow your wealth as the lockdowns drag on.
Here’s Jeff with more on that…
Leading 5G player Nokia says wireless networks typically see traffic growth of 30-45% a year. But over the past several weeks alone, peak usage has jumped 20-40%.
These are crazy numbers. It’s all because people are staying home.
Video calling has spiked 300%. Gaming has exploded 400%… probably because kids are staying home from school.
To put this growth in context, network data traffic would more than double every 12 months if this goes on. That’s the definition of exponential growth. It will overwhelm networks all over the world.
In short, the 5G boom is about to go into overdrive…
That’s due to the stock sell-off in the wake of the coronavirus panic. These stocks have gotten beaten down along with the rest of the market.
That’s what happens in a panic. People sell whatever’s not bolted down to the floor.
But a year from now, when 5G stocks are soaring hundreds… or even thousands… of percent, Jeff believes most folks will be kicking themselves for not investing when they had the chance.
That’s why he’s hosting a free 5G investing summit on Wednesday, April 8, at 8 p.m. ET.
He’s calling it “The State of 5G.” In it, he’ll tell you how to find out which 5G stocks to buy for potentially life-changing returns.
So be sure you tune in on April 8 at 8 p.m. ET. Reserve your spot right here.
I’ll also have more for you on this profit trend in tomorrow’s dispatch.
Jeff is one of the most widely read analysts at Legacy.
And he gets more popular by the day.
Jeff launched his free daily tech-investing newsletter, The Bleeding Edge, in April 2019.
Today, he has a loyal following of over 700,000 readers. That’s insane growth for a free investment newsletter.
But it’s easy to see why Jeff’s research is so popular. His readers love that he’s on the road so much learning everything about the tech megatrends he follows.
Last year, he attended two conferences at MIT… completed an executive leadership program at Yale’s School of Management… advised a group of U.S. senators on a new digital dollar… and traveled to Israel on a U.S. Certified Trade Mission on blockchain and digital payments.
Jeff behind the podium at the U.S. Department of Defense
I met Jeff in February 2016 at a remote ranch on the Pacific coast of Nicaragua.
This was before he came on board to launch his small-cap tech-investing advisory, Exponential Tech Investor, with us.
At the time, I was working as the investment director for a family wealth project of Legacy Research cofounder Bill Bonner.
We published wealth-building research… and hosted exclusively closed-door meetings… for some of America’s wealthiest families (including many who have held on to wealth for generations).
Part of what we did was recommend big-picture profit trends. And one of the emerging trends we were most excited about was disruptive tech.
Bill’s eldest son, Will, and I were keen to bring in someone who could show why it was urgent that these families invest at least a portion of their fortunes in tech.
The partners at Legacy were interested in giving readers a shot at profiting from insane growth in tech, too.
And he didn’t disappoint.
He gave a talk – titled “High-Tech for Family Money” – that blew me away.
Under swirling ceiling fans in the tropical heat… to an audience of about two dozen high-net-worth individuals… he explained the hidden force driving the boom – exponential growth.
Jeff predicted that we were on the cusp of making a suite of sci-fi technology – such as self-driving cars, augmented reality, and artificial intelligence (AI) – part of our everyday lives.
At the end of his talk, he urged folks to buy some shares in specialized chipmaker Nvidia (NVDA) as a way to profit from the boom ahead.
Nvidia went on to be the top-performing stock in the S&P 500 that year. It rose 227%.
I covered them in detail here and here.
In short, his readers had the chance to invest in five triple-digit wins in 2019 alone.
But as amazing as it is to deliver those kinds of gains, they’re not the most interesting thing about Jeff.
It’s his life story… and his deep knowledge about the technology that is changing the world around us.
Jeff was always fascinated by space. And he started off life wanting to be an astronaut.
He earned a B.S. in aeronautical and astronautical engineering – aka rocket science – from Purdue University. It’s one of the top schools in the field. It’s also the program 16 astronauts have attended before heading into space.
Then, for more than 25 years, he worked as a high-tech industry executive in everything from semiconductors to mobility… to digital broadcasting and video… to IT networking and security… to automotive tech… and consumer electronics.
He’s also been an angel investor in over 145 private deals. And 93% of them have made money.
He spent close to two decades in Japan working in the high-tech industry over there.
And he doesn’t just speak the language. He’s also a third-degree black belt in Shotokan karate.
Here he is in his ceremonial robes…
Jeff is a third-dan black belt in Shotokan karate
You’d think with all the time it takes to master a language… and an ancient martial art… you’d be tapped out.
Jeff wasn’t a quiet student.
He engaged in spirited debates with the Yale bigwigs. In December 2018, a professor lectured him on how electric carmaker Tesla was on the verge of bankruptcy. And recommended shorting the stock.
Jeff knew Tesla had world-class AI capabilities. And he stuck to his guns.
He told the professor he was wrong. Since that exchange, Tesla stock is up 65%.
Here is Jeff with the Yale mascot, Handsome Dan.
Jeff with Handsome Dan, the Yale mascot
As I’ve been showing you in these pages, “quantum supremacy” is here.
A quantum computer can now complete a calculation in just over three seconds that would take the world’s most powerful digital supercomputer 10,000 years to complete.
It’s one of the hottest themes with Jeff’s readers. And I’ll have more for you on what he’s been learning about this fascinating new field in future updates.
But right now, Jeff is fully focused on his upcoming “State of 5G” summit next Wednesday, April 8.
We’ve seen huge demand from readers for more on the 5G megatrend. So next week, Jeff will reveal how to find out the best 5G stocks to invest in now. Here’s that link again to register for this summit for free.
Regards,
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Chris Lowe
April 1, 2020
County Kilkenny, Ireland
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