As always, be sure to read my disclosures / disclaimers below. Cheers!
In my last episode of Stock Talk LIVE, I said, “Sorry & Goodbye” to investors who don’t have the energy, ability, or patience to follow my investing method.
This week, the words of Warren Buffet are rewarding those who paid heed:
Specifically, T-Mobile just launched a major new product focused on family safety. Unbeknownst to most investors (for now), that product is powered by Smith Micro (SMSI) !
I expect the news to spread quickly. In fact, SMSI just announced the launch of their product “at a tier one carrier” this morning.
It’s easy to connect the dots, because T-Mobile’s offering has Smith Micro’s name in its documentation. Even better, SMSI’s press release says that it will now focus on getting the product launched at additional tier one carriers. This reinforces what I’ve been saying for months — that wins Verizon and AT&T are going to launch within the year, leading to several years of profitable growth for SMSI.
As I preached in my last note, it’s critical to know (and believe in) the TRUE VALUE of your stocks (which differs greatly from the CURRENT PRICE). Once you have that, the only challenge is maintaining confidence in that true value (not giving up when the ride gets rough).
…and that’s what makes Buffett’s quote work.
It’s all about patience… and this week, it’s paying off.
So, where’s SMSI stock going? What’s going to pay off next? Find out TODAY at 1:00PM ET, as I discuss these topics and answer your Q&A LIVE on my YouTube channel.
Please spread the word & catch you then!
Disclosures / Disclaimers: This is not a solicitation to buy, sell, or otherwise transact any stock or its derivatives. Nor should it be construed as an endorsement of any particular investment or opinion of the stock’s current or future price. To be clear, I do not encourage or recommend for anyone to follow my lead on this or any other stocks, since I may enter, exit, or reverse a position at any time without notice, regardless of the facts or perceived implications of this article.
I am not a financial advisor. Nor am I providing any recommendations, price targets, or opinions about valuation regarding the companies discussed herein. Any disclosures regarding my holdings are true as of the time this article is written, but subject change without notice. I frequently trade my positions, often on an intraday basis. Thus, it is possible that I might be buying and/or selling the securities mentioned herein and/or its derivative at any time, regardless of (and possibly contrary to) the content of this article.
I undertake no responsibility to update my disclosures and they may therefore be inaccurate thereafter. Likewise, any opinions are as of the date of publication, and are subject to change without notice and may not be updated. I believe that the sources of information I use are accurate but there can be no assurance that they are. All investments carry the risk of loss and the securities mentioned herein may entail a high level of risk. Investors considering an investment should perform their own research and consult with a qualified investment professional.
I wrote this article myself, and it expresses my own opinions. I am receiving no compensation for it, nor do I have a business relationship with any company whose stock is mentioned in this article. The information in this article is for informational purposes only and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
The primary purpose of this blog/forum is to attract new contacts with professional industry expertise to share research and receive feedback (confirmation / refutation) regarding my investment theses.