Paul Mampilly recently teased an investment possibility that is related to the “Internet of Things,” that seems to be of some significance. Mampilly has been working on his newsletter, Profits Unlimited, for some time now, and in an ad, he predicted that 50 billion devices would use the new technology he was teasing by the year 2020. He also indicated that scientists were referring to this new invention as the best innovation in history that might bring in an economic period of well-being. It is being speculated that his latest investment opportunity might be something like a sensor chip or at least some kind of technology as small.
— Paul Mampilly (@Paul_M_Guru) January 4, 2018
It seems that Paul Mampilly subtly hinting that STMicro might be making the product that he is referring to. While this company has not done well in the past, there does seem to be potential for future growth. With a market cap of $5.3 billion, it is trading much higher than before, and analysts are looking over STM and thinking it might be a good investment. While it’s true that analysts have gone wild over STM in the past and weren’t exactly accurate, this doesn’t mean that the company wasn’t a good investment. It just didn’t make as high of numbers as expected, but it did grow. Many have been overly critical of STM’s history, but they don’t pay enough attention to the fact that it has come back from different situations that might have sunk lesser companies. Time will tell, for sure, but Paul Mampilly does seem to have a way with making strong predictions about worthy future investments.
Paul Mampilly is the senior editor of Banyan Hill Publishing, and he now works to serve regular, everyday Americans with information about how to how to become wealthy through investing, technology, and small-cap stocks. Early on in his career he worked on Wall Street and eventually managed multi-million dollar accounts. One of his most well-known accomplishments came when Kinetics Asset Management hired him to manage their hedge fund. It was here that Paul was able to shine by growing the $6 billion firm to a $25 billion firm and eventually making it the World’s Best hedge fund.
Paul Mampilly studied at Fordham Gabelli School of Business where he earned an MBA in Finance. He also went on to attend both the New York University Polytechnic School of Engineering and the City University of New York-Hunter College.
About Paul Mampilly: seekingalpha.com/user/48491120/stocktalks