This tech behemoth just staged a rare two-day rally. History tells us we could see a massive gain over the next year... [Stansberry Research Logo]
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[DailyWealth] One Booming Tech Giant Is About to Get a Lot Bigger By Brett Eversole --------------------------------------------------------------- Apple is one of the largest companies in the world... But until recently, it had become one of the worst performers of the major tech giants. You see, Apple hadn't hit a single new all-time high in 2024. By April, it was down as much as 17% from its highs last year. Now, that pain has turned around in a big way... The stock has skyrocketed more than 25% since the April low. The rally culminated in a 10% gain in just two days. This kind of quick, two-day explosion is rare for this stock. And according to history, it could lead to a massive 74% gain over the next year... --------------------------------------------------------------- Recommended Links: [Here's What You Missed Last Night]( There's a massive shift playing out in U.S. stocks – one we've only seen a dozen times before, going all the way back to 1943... And now one Wall Street veteran is warning it'll impact every major stock you can think of, especially Nvidia. Last night, he shared where the stock market's going next... what it could mean for your money in 2024... and the No. 1 investing strategy he's now recommending if you want to protect and [grow your wealth in 2024](.
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--------------------------------------------------------------- Apple won investors over at the company's Worldwide Developers Conference earlier this month. This annual event brings together thousands of Apple employees and vendors who work with the company. At this year's gathering, Apple announced a barrage of new features for the upcoming iPhone. Most important, the company jumped into the ring of artificial intelligence ("AI") by sharing several AI functions that will be coming to iPhones. The market's reaction was huge. Apple shares jumped more than 10% in two days. And that pushed the stock to a new all-time high. Take a look... After a tough start to the year, Apple shareholders finally have a reason to celebrate... The stock is back in an uptrend. It has been hitting new highs again. And according to history, this strong performance should continue. Again, it's rare for Apple to stage a two-day rally like this. We've only seen nine similar setups over the past two decades... And the company's shares have a history of soaring after they appear. Check it out... It's hard to undersell Apple's success over the past 20 years. The stock compounded at an almost unbelievable 35% a year over that time frame using a typical buy-and-hold strategy. That's enough to turn $10,000 into more than $4 million. Still, you can do even better if you buy at the right times. And buying after a two-day, double-digit rally is the time to act. Similar setups led to 22.3% gains in six months and 74.2% gains in a year. These are outstanding returns in their own right... And they represent incredible outperformance. Plus, shares were higher a year later 100% of the time. The stock jumped 50%-plus more than half the time. And the largest one-year gain was a staggering 147%. Now, I don't expect shares to double over the next year. A return like that is more difficult to achieve when a company is already worth more than $3 trillion. But this situation is clear... This kind of quick boom means good things are coming for Apple. So if you've given up on the stock after a rough start to 2024, now is the time to reconsider. Good investing, Brett Eversole Further Reading Commodities have been regarded as a "dead-money asset" the past few years. But now, they're back in an uptrend. And according to history, the boom is likely to continue in the months ahead... [Read more here](. Indian stocks recently took a nosedive – crashing 6.3% in a single day. This kind of major, one-day decline is rare for these stocks. But based on history, similar instances have yielded massive returns a year later... [Learn more here](. --------------------------------------------------------------- [Tell us what you think of this content]( [We value our subscribers' feedback. To help us improve your experience, we'd like to ask you a couple brief questions.]( [Click here to rate this e-mail]( You have received this e-mail as part of your subscription to DailyWealth. If you no longer want to receive e-mails from DailyWealth [click here](. Published by Stansberry Research. You're receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.