Paul Mampilly has been teasing a possible worthy investment that is related to the Internet of Things (IOT) recently, and as a part of the team at Banyan Hill Publishing, when he talks, people listen. He revealed that insiders are referring the science behind this investment as being something that might be the future of technology. He also compared this investment to the profit that someone could of potentially made by investing in Microsoft the day it went public back in 1986.
It has been speculated that Paul Mampilly is talking about STMicroelectronics (STM), which is a company that has its share of issues over the years. While it has been very slow to grow in the recent past, it is possible that the $4-$9 billion company could make a comeback with tech that might revolutionize industry. Analysts are looking closer at the company and do believe that there is room for it to begin growing. Part of this has to do with the fact that STM will show revenue growth for the first time in recent years bringing its stock price up a bit.
STM has been teased as a good investment in the past when it was said to be the next greatest company that would build chips that led to smart houses, the iPhone, and other tech innovations. While the predictions of analysts then did not meet the actual growth rate of the company, STM did show improvement then, and it’s possible that Paul Mampilly believes it will again. Analysts other than Mampilly do believe that the company could increase its value if it came out with something truly revolutionary and if its management improves. Then again, if Mampilly is even definitely talking about STM is still unclear. Investors will surely soon find out.
Paul Mampilly serves Banyan Hill Publishing as a senior editor, and he partnered up with the company inn 2016. His specialty is helping Main Street Americans to better invest their money in tech, special opportunities, and small-cap stocks that show real potential for growth. After spending many years working on Wall Street helping wealthy investors to become even wealthier, Mampilly felt a change was due. While he could of chose to just walk away from it all and retire, due to his successful investing, he decided to become a writer that would help people to invest their money better. His newsletters, Profits Unlimited and Extreme Fortune, have a large readership whom rely on his advice.
Paul Mampilly’s Facebook Page: www.facebook.com/PaulMampillyGuru/