Let’s face it – the main reason why you’re considering tech stocks that are poised to benefit from groundbreaking developments is high growth potential. Sure, you can always buy large-capitalization enterprises. Their predictable businesses offer a higher likelihood of success. However, that success will be mitigated in terms of upside magnitude.
Think of these stalwarts as hitting for singles in a baseball game. Such small-ball tactics may yield a higher batting average. Nevertheless, you’re unlikely to generate big scores as often as if you decided to swing for the fences. That’s the market equivalent of high-growth-potential tech stocks. You’re really going for it with every swing.
Of course, you want to conduct serious due diligence (or DD) before engaging in this type of strategy. And by DD, I’m talking serious research. These ideas may be steppingstones for finding compelling breakthrough tech stocks.
This post appeared at Dynamic Wealth Report.